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BSX Announces Listing of African Minerals (UK) Limited Notes
Hamilton, Bermuda: 25 May 2011 – The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the listing of African Minerals (UK) Limited Notes due 12 February 2013, that constitutes a $500 million dollar issuance under the Exchange’s Restricted Marketing provisions for Qualified Investors and Section V of the BSX Listing Regulations pertaining to International Issuers of Debt Securities.
African Minerals (UK) Limited is a limited liability company incorporated under the laws of England and Wales. The proceeds of the Note Program will be to finance costs and expenses associated with the Tonkolili iron ore project.
Harbour Financial Services Limited sponsored the listing of the Notes and has also been appointed ongoing listing sponsor.
James McKirdy, Chief Compliance Officer of the BSX stated, “We are delighted to welcome African Minerals (UK) Limited Notes to the Official List of the BSX. The BSX Listing Regulations for International Issuers of Debt Securities are specifically designed to facilitate the listing of this type of Notes.”
Mr. McKirdy continued, “This is yet another issuance of Notes that have taken advantage of the Exchange’s Listing Regulations for Debt Securities and we are extremely pleased to be working with African Minerals (UK) Limited, and Harbour Financial Services Limited.
Simon Benedek of Harbour Financial Services Limited noted, “It has been a pleasure to assist in bringing another listing of this type to The Exchange. The co-operation and assistance of the BSX Officers made it a very smooth exercise.”
For further information on African Minerals (UK) Limited Notes please contact Simon Benedek at Harbour Financial Services Limited at 1-441-494-4045 or sbenedek@wq.bm