News: ORR Perseus Mining Ltd -

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    Nov 27 (Reuters) - Orecorp Ltd (ORR) :

    • PERSEUS ACQUIRES 15.03% INTEREST IN ORECORP
    • IS NOT CURRENTLY IN ACTIVE DISCUSSIONS WITH ORECORP
    • DOES NOT INTEND TO SUBMIT CHANGE OF CONTROL TRANSACTION IN COMPETITION TO SCHEME THAT SILVERCORP METALS HAS OFFERED TO ORECORP
    • INTENDS TO VOTE AGAINST SILVERCORP SCHEME AT ORECORP SCHEME MEETING ON DEC 8
    • WELCOMES OPPORTUNITY TO ENGAGE WITH ORECORP IN ORDER TO DETERMINE OPTIMAL PATHWAY FORWARD FOR DEVELOPMENT OF NYANZAGA GOLD PROJECT
 
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