jump to content
Text size

Statement Re Share Price Movement

08 March 2011

Statement Re Share Price Movement

Churchill Mining PLC (AIM: CHL) notes the significant movement in its share price today.

While Churchill is not aware of any specific reason for this share price movement, the Company continues to evaluate its legal options following the negative ruling by the Administrative Tribunal in Samarinda, including appeal to the Administrative High Court in Jakarta.

In addition, the Company continues to talk to prospective partners, as referred to in the announcement of 21 February 2011.

The Company will advise the market of any developments as and when appropriate.

Read the full Announcement here:

PDF View PDF

Churchill Mining News & Articles on Proactiveinvestors

Churchill Mining appoints John Nagulendran as non-exec director

Churchill Mining ( LON:CHL ) has appointed John Nagulendran as a non-executive director. Nagulendran serves as the assistant general counsel of Pala Investments AG, the exclusive advisor to Pala Investments Holdings Ltd, a substantial shareholde...

Churchill Mining files new formal letter to Indonesia president in East Kutai coal project dispute

Churchill Mining ( LON:CHL ) has filed a further formal letter to the President of Indonesia, seeking support and legal protection in order to achieve an amicable and commercial resolution to the dispute regarding the East Kutai coal project ...

Churchill Mining: Preparing next steps in Indonesian legal battle

Churchill says it has been subjected to a sustained campaign to expropriate its rights as a legitimate foreign investor in Indonesia. It’s now looking to international arbitration as it appears set to lose an appeal in Jakarta’s Supreme ...

Churchill Mining to accelerate international arbitration as Indonesia’s Supreme Court rejects appeal

Churchill Mining ( LON:CHL ) said it will now look to accelerate its filing of an international arbitration claim against the Republic of Indonesia. This comes as the firm reported that notations on the register of Indonesia’s Supreme Cour...

Churchill Mining to consider international arbitration in Indonesia dispute

Churchill Mining ( LON:CHL ) today said it may start international arbitration proceedings against the Republic of Indonesia. It says the company has been subjected to a sustained campaign to expropriate its rights as a legitimate foreign invest...