The Board considers the Acquisition to be in the best interests of ENRC Shareholders as a whole. Accordingly, the Board unanimously recommends ENRC Shareholders to vote in favour of the Resolution at the General Meeting.Commenting on the proposed transaction, Felix J Vulis, Chief Executive Officer of ENRC, said: "Consolidating our ownership of Camrose will be an important step forward for the Group, enabling us to gain maximum benefit from the development of these assets and to continue to support our strategy and ambition of becoming a material African copper producer."
Eurasian Natural Resources Corporation PLC: Acquisition Of The Remaining 49.5% Of The Shares In Camrose Resources Limited And The Outstanding Minority Shareholdings In Certain Camrose Subsidiaries
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