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
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