ILU iluka resources limited
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Nov 29 (Reuters) - Sierra Rutile Ltd SRXR.L : Does not believe...

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    29/11/16
    18:28
    Post #: 20973650

    Nov 29 (Reuters) - Sierra Rutile Ltd SRXR.L :

    • Does not believe has been any event or fact that will result in non-satisfaction of material adverse change condition precedent under MIA
    • SRL's production remains in line with management's and market expectations and its operations within appropriate industry standards
    • Intends to take up an offer included in Iluka notice to consult in good faith with Iluka whether to extend long stop date
    • Considering all options and has reserved all rights available to it under MIA
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