Ortac Resources Limited Holding(s) in Company (0281F)

TIDMOTC TIDMPRS

RNS Number : 0281F

Ortac Resources Limited

12 May 2017

12 May 2017

Ortac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration

ORTAC RESOURCES LTD

("ORTAC" OR THE "COMPANY")

Holding in Company

The Company was notified on 12 May 2017 that Paternoster Resources plc ("Paternoster") still holds an interest in 8,400,000 ordinary shares of Ortac ("Ordinary Shares"), representing 5.65% per cent of the issued Ordinary Share capital of the Company. The notification was made to the Company as a consequence of a fall in Paternoster's interest in the Ordinary Share capital of the Company, expressed as a percentage of the issued Ordinary Share capital, following the increase of the Company's issued Ordinary Share capital pursuant to the equity placing announced by the Company on 2 May 2017 and not as a result of a disposal of any Ordinary Shares by Paternoster.

**ENDS**

For further information please visit www.ortacresources.com or contact:

 
 Ortac Resources Ltd             +44 (0) 20 
  Vassilios Carellas (CEO)        7389 9050 
 SP Angel (Nominated Adviser 
  & Broker)                      +44 (0) 20 
  Ewan Leggat / Lindsay Mair      3470 0470 
 
 Peterhouse Corporate Finance     +44 (0) 20 
  Limited (Joint Broker)           7469 0930 
  Guy Miller / Lucy Williams       www.pcorpfin.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLATMTTMBJBBFR

(END) Dow Jones Newswires

May 12, 2017 09:56 ET (13:56 GMT)