Jan 18 (Reuters) - Orecorp Ltd (ORR) :
- MEDIA REPORT REGARDING PERSEUS MINING LIMITED
- BECOME AWARE OF A MEDIA REPORT IN TANZANIA THAT SENIOR AUSTRALIAN REPRESENTATIVES FROM PERSEUS MINING RECENTLY HELD DISCUSSIONS IN TANZANIA
- DISCUSSIONS WITH REPRESENTATIVES FROM TANZANIA MINISTRY OF MINERALS REGARDING PERSEUS' INVESTMENT IN ORECORP'S NYANZAGA GOLD PROJECT
- PERSEUS CURRENTLY HOLDS 19.9% OF ORECORP'S SHARE CAPITAL
- CONFIRMS THAT IT HAS NOT PARTICIPATED IN ANY DISCUSSIONS BETWEEN PERSEUS AND ANY TANZANIAN GOVERNMENT OFFICIALS
- CONFIRMS THAT IT IS NOT CURRENTLY IN RECEIPT OF ANY PROPOSAL FROM PERSEUS TO ACQUIRE ALL OF ISSUED SHARES IN ORECORP
- ORECORP BOARD CONTINUES TO UNANIMOUSLY RECOMMEND ORECORP SHAREHOLDERS ACCEPT SILVERCORP OFFER
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