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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Arc Minerals Limited | LSE:ARCM | London | Ordinary Share | VGG045791016 | ORDS NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.025 | 1.52% | 1.675 | 1.65 | 1.70 | 1.70 | 1.625 | 1.65 | 27,361,061 | 12:16:55 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 0 | -7.34M | -0.0060 | -2.78 | 20.58M |
TIDMOTC
RNS Number : 8056I
Ortac Resources Limited
22 June 2017
Ortac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration
22 June 2017
ORTAC RESOURCES LTD
("ORTAC" OR THE "COMPANY")
Mining Bureau Ratifies Underground Mining Permit
Ortac Resources Ltd ("Ortac"), the AIM listed exploration and mine development company operating in Europe and Africa, is pleased to report that its subsidiary in Slovakia, Ortac s.r.o. the developer of the Sturec Gold Project, has received the final decision from the Main Mining Bureau, that confirms that the underground mining permit will be re-issued.
Vassilios Carellas, Ortac's CEO, commented:
"Following on from previous announcements, the Company was required to allow a period of time for the decision to re-issue the underground mining permit to be considered by all stakeholders. This final decision by the Main Mining Bureau now means underground activities can shortly re-commence at Sturec when the decision comes into force."
Market Abuse Regulation ("MAR") Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
Contacts
Ortac Resources Ltd +44 (0) 20 Vassilios Carellas (CEO) 3874 8664 SP Angel (Nominated Adviser & Broker) +44 (0) 20 Ewan Leggat / Lindsay Mair 3470 0470 Celicourt Communications (PR) +44 (0) 20 Mark Antelme / Jimmy Lea 7520 9261
About Ortac
Ortac Resources Limited is an AIM listed exploration and mine development company focused on a diversified portfolio of mining projects with interests in Slovakia, Eritrea, the Democratic Republic of Congo and Zambia.
In addition to its 100% holding in the Kremnica Mining Licence Area in Slovakia, Ortac also holds an 18.48% interest in Andiamo Exploration Limited, a private company exploring for resources in Eritrea; a convertible in Zamsort Limited, a private company located in Zambia, which is convertible into a 19.35% interest; and a convertible in CASA Mining Ltd, a private gold mine development company advancing the large-scale Misisi Gold Project in the Democratic Republic of the Congo, which is convertible into a 45% interest.
For more information visit www.ortacresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
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June 22, 2017 02:00 ET (06:00 GMT)
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