Central Asian Minerals and Resources PLC
LSE : CMRP

October 14, 2010 02:00 ET

Temporary Suspension

                                                                                                14 October 2010
                                                                                                   IM00B61FM981
                                                       
                                   Central Asian Minerals and Resources PLC
                                          ("CAMAR" or the "Company")
                                                       
                                             Temporary Suspension


The  Directors  of  CAMAR  have been made aware that  Gulf International Minerals Limited  ("Gulf")  has  today
notified  its shareholders that it is in discussions with CAMAR in connection with the possible acquisition  by
CAMAR of Gulf's joint venture interest in the Aprelevka gold mine in Tajikistan. The Directors of CAMAR confirm
that discussions are taking place which may or may not lead to CAMAR making such an acquisition, although there
is no guarantee that  these discussions will be successfully concluded.

As  the acquisition of Gulf's joint venture interest would constitute a Reverse  Takeover under the PLUS Rules,
CAMAR  has  requested  that trading in the Company's shares on the PLUS-quoted Market be  suspended  pending  a
further announcement. Such an announcement will be made as soon as practicable.

The Directors of CAMAR are responsible for the content of this announcement.

Enquiries:

Central Asian Minerals and Resources PLC                                          01624 679 000
Christine Melian or John Leech

St Helens Capital Partners LLP                                                    020 7368 6959
Mark Anwyl or Duncan Vasey


Contact Information

  • Central Asian Minerals and Resources PLC