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

Contact Information

  • Colombian Mineral Resources plc