Metorex is an established mining group which specialises in owning
and managing quality mining projects on a decentralised profit
centre basis providing strong technical and financial support
to innovative operational management.
Disposal by Metorex of its entire shareholding in
Pan African Resources Plc and Further Cautionary Announcement
Shareholders are referred to the announcement by Metorex on 12 December 2008 in which shareholders were advised of the Company’s intention to dispose of its non-core assets in the short to medium term.
Related party transaction and further cautionary
announcement
Shareholders are referred to the announcement by Pan African Resources Plc (“PAR”) dated 19 June 2009 (“the PAR Announcement”) whereby shareholders of PAR were advised of its intention to acquire the current 26% shareholding of ...