Update on Timing of Admission Document Publication
Mentum provides an update to shareholders regarding the timeline to the Extraordinary General Meeting that will consider the transaction announced on 24th February 2014, regarding the memorandum of understanding ("MoU") it had entered into to acquire the mineral exploration and development operations in the Kyrgyz Republic of Robust Resources Limited (ASX: ROL), together with approximately GBP3.5 million of cash (the "Proposed Acquisition").
The Proposed Acquisition will constitute a reverse takeover for the purposes of the AIM Rules and accordingly, trading in the Company's shares was temporarily suspended, until the publication of a re-admission document by the Company in respect of the Proposed Acquisition (the "Admission Document").
The Proposed Acquisition is at an advanced stage but requires technical and other work that will need to be completed before the Admission Document can be issued. Mentum continues to expect that this is likely to be available to shareholders during April. Trading in the Company's shares will remain suspended until such time that the Admission Document is published.
Any changes to the timetable will be notified to shareholders.
Further Enquiries:
Mentum Inc.
Peter Moss +44 20 3301 9331
ROL Price at posting:
30.0¢ Sentiment: None Disclosure: Held
