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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Charles Street | LSE:CHC | London | Ordinary Share | GB00B06L6200 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.35 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Nov 2019 to Nov 2024
TIDMCHC
RNS Number : 5559I
Charles Street Capital PLC
16 June 2011
Charles Street Capital plc / EPIC: CHC / Market: AIM
16 June 2011
Charles Street Capital plc ('Charles Street' or 'the Company')
Cancellation of Admission
Charles Street Capital plc, the AIM listed natural resources investment company, announces that further to the announcement of 11 April 2011, the Company has been unable to complete the proposed acquisition of Bulgarian Mining Resources Ltd, which holds the 68.7 sq km Lehovo Precious and Base Metal Project ('Lehovo'), in the necessary time provided under the AIM Rules. The Board has been working hard to satisfy the relevant conditions of the proposed acquisition and the due diligence process is now largely finalised. The Company is awaiting formal approval from the Bulgarian Ministry of Mines regarding an alteration to the proposed work programme at Lehovo, and the Board is confident that this will be granted in due course.
As the transaction has not been concluded within the required timeframe the Company's admission to trading on AIM will be cancelled, with effect from 7 a.m. on Friday 17 June 2011 under AIM Rule 41. Once confirmation is received from the Bulgarian Ministry of Mines and the resulting transaction is approved by shareholders, the Company will apply for its Ordinary Shares to be re-admitted to AIM.
**ENDS**
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For further information on the Company visit www.charlesstreetplc.com
or contact:
Nicholas Lee Charles Street Capital Tel: 0203 006 0260
plc
Greg Kuenzel Charles Street Capital Tel: 0203 006 0260
plc
Roland Cornish Beaumont Cornish Limited Tel: 0207 628 3396
James Biddle Beaumont Cornish Limited Tel: 0207 628 3396
Hugo de Salis St Brides Media & Finance Tel: 020 7236 1177
Ltd
Elisabeth Cowell St Brides Media & Finance Tel: 020 7236 1177
Ltd
This information is provided by RNS
The company news service from the London Stock Exchange
END
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