MTX
MEMTX
MTX - Metorex Limited Acquires Additional Interest In Copper Resources
Corporation ("CRC")
METOREX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
JSE code: MTX
ISIN: ZAE000022745
Issuer code: MEMTX
("Metorex")
Metorex acquires additional interest in Copper Resources Corporation ("CRC")
30 April 2008 - Metorex, the diversified mining group listed on the JSE Limited,
is pleased to inform its shareholders that it has acquired a further 4 304 600
CRC shares in exchange for 5 268 830 new Metorex shares taking its effective
interest to 50.27% from its previous 45.3%.
Charles Needham, Managing Director of Metorex said, "Metorex is pleased to have
increased its economic interest in CRC given the exciting potential of that
company`s projects in the Democratic Republic of Congo. This transaction allows
Metorex to continue in an orderly environment to realise value for shareholders
through its current efforts and activities in bringing these CRC projects into
production in the DRC."
For further enquiries please contact:
Metorex
Charles Needham Tel: 011 880 3155
College Hill
Hayley Crane Tel: 011 447 3030
Johannesburg
30 April 2008
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited
Date: 30/04/2008 09:00:01 Produced by the JSE SENS Department.
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