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AMBR Ambrian

1.50
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ambrian LSE:AMBR London Ordinary Share GB0003763140 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.50 1.25 1.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

NOMAD & broker appointment

15/10/2007 12:40pm

RNS Non-Regulatory



Ambrian Capital PLC
15 October 2007



15 October 2007                                    AIM: AMBR


                              Ambrian Capital plc


 Ambrian appointed Nominated Advisor and Joint Broker to Centamin Egypt Limited



Ambrian Partners Limited ("the Company"), the wholly-owned corporate finance and
stockbroking subsidiary of Ambrian Capital plc, announces that it has been
appointed Nominated Advisor and joint broker to Centamin Egypt Limited 
("Centamin").



Centamin has been exploring for gold in Egypt for 12 years and in 2005 was
granted a 160km2 exploitation lease over the Sukari Hill Gold Project.



The current resource at Sukari is 10.45 million ounces of gold (Measured:
2.6Moz, Indicated: 4.2Moz, Inferred: 3.6Moz), with ongoing drilling expected by
the Company to add significantly to this resource. A feasibility study to
upgrade the project to a 4-5 million tonne per year operation was completed in
February 2007.



Centamin is listed on AIM, the Australian Stock Exchange and the Toronto Stock
Exchange and has a market capitalisation of GBP 474m.



Richard Chase, Head of Mining at Ambrian Partners commented "We are delighted to
be appointed NOMAD and joint broker to Centamin Egypt Limited. This appointment
is representative of the strong and growing capabilities of Ambrian Partners
that include not only NOMAD and equity sales and research, but also market
making and wider corporate finance services. The success and growth achieved by
Ambrian to date and our quality of service to natural resources companies places
us in a prime position to advise broadly clients of all sizes, including larger
market capitalization stocks such as Centamin."





For further information contact:


Richard Chase                                         Tel: +44 (0) 20 7776 6400
Head of Mining, Ambrian Partners Limited





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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