re: Ann: Media reports on Mackenzie and Wando...
ASX ANNOUNCEMENT Wednesday 10 April 2013 Media reports on Mackenzie and Wandoan coal tenements Cougar Energy Limited (ASX: CXY) advises that it has become aware of reporting by media outlets that the Company’s Mackenzie coal tenement EPC 1445 (Bowen Basin) and the Wandoan coal tenement MDL 420 (Surat Basin) are non-core assets and will be divested. The Company advises that this reporting is incorrect. These assets are core assets and form an integral part of the future value drivers for shareholders. The Company will continue to welcome interest from strategic and cornerstone investors to participate in these assets. Why would the media say something like that,unless it's true,Rob Neill should find the media outlet that stated this and ask them what they know.
Rob Neill CEO& Managing Director
CXY Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held