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News articles 2009

 

 
       
Monday, 30 April 2009
MTX - Metorex Limited - Camec/Copper Resources Corporation
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
Share code: MTX
ISIN: ZAE000022745 Issuer code: MEMTX
("Metorex")

CAMEC/COPPER RESOURCES CORPORATION Metorex refers to the announcement made by Copper Resources Corporation (`CRC`) on 10 December 2008 confirming that it had disenfranchised Central African Mining & Exploration Company plc (`CAMEC`) as a consequence of CAMEC`s failure to comply with the provisions of Article 56A of CRC`s articles of association (`Articles`) and extend a mandatory offer to CRC shareholders. Metorex has sought legal advice on its position as a member of CRC and based on this advice Metorex has commenced legal proceedings against CAMEC for breach of the Articles in the amount of GBP86.3 million. Registered office:

Cradock Heights
21 Cradock Avenue
Rosebank

Johannesburg
South Africa
30 April 2009

Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 30/04/2009 12:12:01 Produced by the JSE SENS Department.

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