Altus Resource Capital Limited Net Asset Value(s) (4696G)

TIDMARCL

RNS Number : 4696G

Altus Resource Capital Limited

07 May 2014

ALTUS RESOURCE CAPITAL LIMITED

7 May 2014

Announcement of NAV as at 30 April 2014

Overview

Altus Resource Capital Limited (LSE:ARCL) (the "Company") is a Guernsey registered, closed-ended investment company which is listed on the Specialist Fund Market of the London Stock Exchange and on the Channel Islands Securities Exchange.

Announcement of NAV as at 30 April 2014

The Company announces that the unaudited net asset value per share has fallen 2.1% in April and fallen 18.8% since inception on 30 June 2009 to GBP0.77, amounting to a net asset value of GBP30.7 million.

A monthly fact sheet is posted on the Company's website www.altrescap.com/s/MonthlyFactSheet.asp.

Investment Objectives and Policy

The Company's objective is to realise capital growth from a concentrated portfolio of junior resource equities and to generate a significant capital return to shareholders.

The Company invests in companies engaged in the exploration, development and/or mining of metals and minerals with a focus on companies that operate in the gold sector. Portfolio companies will be predominantly, but not exclusively, listed or quoted on either UK markets or other recognised stock exchanges including the Canadian and Australian markets.

Investor information

The latest available information on the Company can be accessed via the website.

This document has been issued by, and is the sole responsibility of the Company and is for information purposes only. It is not, and is not intended to be an invitation, inducement, offer, or solicitation, to deal in the shares of the Company. The price of shares in the Company and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of shares in the Company. An investment in the Company should be considered only as part of a balanced portfolio of which it should not form a disproportionate part. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.

By order of the Board

Altus Resource Capital Limited

Administrative Enquiries:

JTC Fund Managers (Guernsey) Limited

Tel: [phone]

Investment Manager:

Altus Capital Limited

Tel: [phone]

[e-mail]

Shareholder Enquiries:

Nimrod Capital LLP

Tel: [phone]

[e-mail]

E&OE - In Transmission

END OF ANNOUNCEMENT

This information is provided by RNS

The company news service from the London Stock Exchange

END

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