Anvil Responds to Australian Media Speculation

TSX, ASX: AVM
Common shares outstanding 157.9 million

PERTH, AU, Sept. 14, 2011 /CNW Telbec/ - Anvil Mining Limited (TSX, ASX: AVM) ("Anvil" or the "Corporation"). In response to speculation in the Australian media, Anvil confirmed today that it is unaware of any undisclosed material developments in respect of its business and affairs.

On August 4, 2011 and again on August 12, 2011, Anvil announced that, with the support of its largest shareholder, Trafigura Beheer B.V. ("Trafigura"), Anvil has initiated a strategic review process and that Anvil's Board of Directors has formed a Special Transaction Committee to review and consider the value maximizing alternatives available to the Corporation. BMO Capital Markets has been retained to assist in this regard. There are currently no developments as a result of this process to be disclosed. The Corporation cautions shareholders that there is no assurance that the review will result in any specific transaction and no firm timetable has been set for the completion of this process.

Anvil Mining Limited is a copper producer the shares of which are listed for trading on the Toronto Stock Exchange (as Common Shares) and the Australian Securities Exchange (as CDIs) under the symbol AVM.

SOURCE ANVIL MINING LIMITED

For further information:

Darryll Castle     
President & Chief Executive Officer
Tel: +61 (8) 9481 4700
Email: darryllc@anvilmining.com (Perth)
       Robert La Vallière
Vice President Corporate Affairs
Tel: (Office) +1 (514) 448 6664
(Cell)    +1 (514) 944 9036
Email: robertl@anvilmining.com (Montréal)
     
Websitewww.anvilmining.com  

 

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ANVIL MINING LIMITED

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