For immediate release
25 January 2010
AfNat Resources Limited
(AfNat or the Company)
Disposal of Shareholding in Marenica Energy Limited.
AfNat, the mining company focused on developing a diversified portfolio of interests in exploration and advanced stage mining assets, announces that following a review of the Companys quoted investments, the Company has disposed of its entire shareholding in Marenica Energy Limited (ASX: MEY). AfNat retains an interest in 10,325,000 options over ordinary shares in MEY exercisable at A$0.25 per share by 30 June 2011. The net proceeds from the share disposal will be used to increase the Companys cash balance.
Enquiries:
AfNat Resources Limited
David Weill, Chairman
Tel: +44 (0) 20 7881 0180
Nominated Adviser, Seymour Pierce Limited
Nicola Marrin/Catherine Leftley
Tel: +44 (0) 20 7107 8000
afnat sold 21mln mey-shares
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EL8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.5¢ |
Change
-0.015(3.66%) |
Mkt cap ! $121.8M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.5¢ | 38.5¢ | $318.8K | 806.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33344 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 23149 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |