SADOVAYA (SGR): ACQUISITION OF NEW LICENSE - raport 10

Raport bieżący nr 10/2011
Podstawa prawna:

Inne uregulowania

Sadovaya Group S.A., a joint stock company under Luxembourg law, with registered office at 412F, route d’Esch, L-2086 Luxembourg, registered in the Luxembourg Register of Companies under No. B 153.489, (the "Company"), hereby informs that

the Group has acquired the license to develop "Roskoshniy" coal field, a natural extension of the Sadovaya field. Total resources of "A" grade coal (anthracite) at "Roskoshniy" field within the bounds of the coal seams l7в , l6Đ˝, l4в, k7Đ˝ amounted to 17.6 million tons. Proven and probable reserves (2P), as confirmed by IMC under JORC code, are 9.1 million tons as of July 1, 2010. The license is issued for 20 years.

For information about Resource base in "��000 tonnes please see attachment.

The acquisition is part of the investment program of Sadovaya Group as described in the prospectus issued in connection with the initial public offering.

Legal grounds: Art.14 of the Luxembourg Law of 9 May 2006 on market abuse, and Art. 56 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organised trading system and on public companies.

Załączniki:

Plik;Opis
Viktor Chornogor - Internal auditor

Załączniki