LIO 4.55% 2.1¢ lion energy limited

sorry 28th1The Stock Exchange of Hong Kong Limited takes no...

  1. 5,148 Posts.
    sorry 28th

    1
    The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this
    announcement, makes no representation as to its accuracy or completeness and expressly disclaims
    any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any
    part of the contents of this announcement.
    (incorporated in Bermuda with limited liability)
    Website: www.citicresources.com
    (Stock Code: 1205)
    ACQUISITION OF A 51% PARTICIPATING INTEREST
    IN THE SERAM ISLAND NON-BULA BLOCK, INDONESIA
    FURTHER TIME-EXTENSION FOR DESPATCH OF CIRCULAR
    Reference is made to the announcement dated 12 July 2006 by the Company concerning its
    conditional acquisition of a 51% participating interest in the benefits, rights and obligations of
    the Contractor in the Production Sharing Contract relating to the Seram Non-Bula Block and
    the announcement dated 2 August 2006 by the Company concerning the extension of time for
    the despatch of the Circular.
    The Company has applied to the Stock Exchange for a further extension of time for the
    despatch of the Circular to Shareholders on or before 28 September 2006.
    Reference is made to the announcement dated 12 July 2006 by the Company concerning its
    conditional acquisition of a 51% participating interest in the benefits, rights and obligations of the
    Contractor in the Production Sharing Contract relating to the Seram Non-Bula Block (the
    “Acquisition”) and the announcement dated 2 August 2006 by the Company concerning the
    extension of time for the despatch of the Circular (collectively, the “Seram Announcements”).
    Unless the context provides otherwise, terms and expressions defined in the Seram Announcements
    shall have the same meaning when used in this announcement.
    The Acquisition constitutes a discloseable transaction for the Company under Chapter 14 of the
    Listing Rules. Under Rule 14.38 of the Listing Rules, the Company was required to issue and
    despatch the Circular to Shareholders on or before 3 August 2006. Upon approval by the Stock
    Exchange, the issue and despatch of the Circular was first extended to 17 August 2006.
    The Company is preparing information including, among others, the details of exploration and
    production operations and a technical adviser’s report required for inclusion in the Circular to comply
    with the requirements of Rule 18.09 of the Listing Rules. As more time is needed for the Company to
    prepare the information required, the Company has applied to the Stock Exchange for a further
    extension of time to issue and despatch the Circular to Shareholders on or before 28 September 2006.
    A
 
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2.1¢
Change
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Mkt cap ! $10.48M
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2.2¢ 2.2¢ 2.1¢ $324 15.43K

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No. Vol. Price($)
1 17730 2.1¢
 

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Price($) Vol. No.
2.2¢ 64551 1
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