Nov 27 (Reuters) - Orecorp Ltd (ORR) :
- PERSEUS ACQUIRES 15.03% INTEREST IN ORECORP
- IS NOT CURRENTLY IN ACTIVE DISCUSSIONS WITH ORECORP
- DOES NOT INTEND TO SUBMIT CHANGE OF CONTROL TRANSACTION IN COMPETITION TO SCHEME THAT SILVERCORP METALS HAS OFFERED TO ORECORP
- INTENDS TO VOTE AGAINST SILVERCORP SCHEME AT ORECORP SCHEME MEETING ON DEC 8
- WELCOMES OPPORTUNITY TO ENGAGE WITH ORECORP IN ORDER TO DETERMINE OPTIMAL PATHWAY FORWARD FOR DEVELOPMENT OF NYANZAGA GOLD PROJECT
