Colombian Mineral Resources plc
LSE : CRMP
|
February 01, 2013 12:07 ET
Withdrawal from trading on ISDX
1 February 2013
Colombian Mineral Resources Plc
("CMR" or the "Company")
Withdrawal from trading on ISDX
The Board of CMR announces the Company's intention to withdraw its securities from ISDX in accordance
with Rule 81 of the ICAP Securities & Derivatives Exchange ("ISDX") Rules for Issuers ("Rules").
Reasons for the withdrawal
The Directors believe that having a listing on a public market is currently not in the best interests
of the company or its shareholders as it continues its endeavours to attract additional investment
into the company.
In addition the Directors believe that following their clarification announcement on 28 September
2012 they are currently not in a position to provide further clarity or assurances with regard to the
receivable referred to within that announcement.
Having written to all shareholders of the company and having received agreement from shareholders
representing 86.85 per cent of the voting rights the Directors are satisfied that a sufficient number
of shareholders are also in agreement that a market listing is not in the best interests of the
Company at this time.
Alternative arrangements for dealing in CMR's securities
There are currently no alternative arrangements being made for the dealing in the Company's
securities following its withdrawal from ISDX.
Other Information
Under the ISDX Rules, Colombian Mineral Resources Plc is required to give shareholders a period of 10
business days to object to the intended withdrawal of its securities from the ISDX Growth Market. Any
shareholder wishing to raise an objection should contact ISDX (isdx-regulation@icap.com) in
confidence by 15th February 2013.
The Directors of the Company accept responsibility for the announcement. Any party interesting in
obtaining further information on these regards can contact the Company.
ENQUIRIES:
Colombian Mineral Resources Plc
Tel: +34 648820093
Carlos Augusto Peña - Chairman
carlos.pena@cmrcolombia.com
LHM Casey McGrath
Tel: +353 1 495 9200
Con Casey
con.casey@lhmcaseymcgrath.ie