MANDARIN MINING PLC
LSE : MANP

December 01, 2011 09:54 ET

Result of General Meeting

MANDARIN MINING PLC

RESULT OF GENERAL MEETING


Mandarin  Mining  Plc ("the Company") announces that at the General Meeting, held on 30  November  2011  at
10.00  a.m.  (Singapore  time), at 600 North Bridge Road, 12-06/07 Parkview Square, Singapore  188788,  the
adoption of the new investment strategy was approved by the shareholders.

The  Directors  believe  there  are a number of exciting opportunities in the  mining  support  sector  and
therefore  the  investment strategy has been extended to focus on building up businesses, or  alternatively
identifying  and  acquiring  quoted and unquoted businesses, that are involved in  providing  services  and
facilities to support, assist and serve the natural resources industries, in particular exploration, mining
and  extraction of resources.  The services and facilities that are to be within the scope of the investing
strategy  will include transportation, logistics, processing, testing and storage.  The investing  strategy
includes companies and businesses that are engaged in trading of natural resource products and commodities,
including  but  not  limited  to coal, owning natural resources, mines and tenements  and  exploration  and
extraction  rights  for  natural resources of any kind, developing and construction of  infrastructure  for
transportation, including building roads and building and owning plants for the conversion  and  processing
of  coal  to  useable  fuel in each case in any part of the world, and developing and owning,  directly  or
indirectly, technologies related to the aforesaid businesses.

By actively investing in businesses with complementary areas of expertise, which may for example include in
relation to the natural resource sector, including exploration, processing, inspection, testing and similar
activities, the Directors believe that it is possible to generate considerable opportunities for the  cross
selling  of services between the different operations and countries.  The Directors also intend to continue
to  make  minority  investments in such businesses where it would be a passive investor,  but  where  those
investments provide the opportunity for enhancing the growth prospects of the Company.

The Directors of the Company accept responsibility for this announcement.


FOR FURTHER INFORMATION PLEASE CONTACT:

Fook Meng Chan
Mandarin Mining plc
Tel:  00 65 6236 2985

Nick Michaels
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 (0) 20 7251 3762

1 December 2011

Contact Information

  • MANDARIN MINING PLC