CXY 0.00% 0.3¢ cougar energy limited

Ann: Media reports on Mackenzie and Wandoan coal , page-2

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  1. 1,127 Posts.
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    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
 
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