Equity Resources plc
Net Asset Value
The Company announces that as at the close of business on 19 July 2012, the net asset value was
0.26 pence per share. The value is based on the quoted bid prices of its two investments in
Regency Mines plc ("Regency") and Red Rock Resources plc ("Red Rock"). In common with many
mineral exploration companies, the quoted prices of these investments have been severely hit by
the current uncertainties in world markets.
Both companies have made positive announcements in recent days: Regency has announced a world
class resource at its Mambare, PNG nickel prospect; Red Rock has announced good progress with its
gold project in Kenya and its iron ore project in Greenland as well as a possible sale of its
Colombian gold project. We remain hopeful that in time our patience will be rewarded.
It is worth noting that the current bid-offer spread is such that the net asset value based on mid
prices is 0.47 pence per share.
The Directors of Equity Resources plc are responsible for the contents of this announcement.
Equity Resources plc Tel: 01483 771992
John Watkins, Chairman Email: firstname.lastname@example.org
St Helens Capital Partners LLP Tel: 020 7368 6959
Corporate Adviser Email: email@example.com