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00061 GREEN LEADER
RTNominal unchange0.059 0.000 (0.000%)
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28/03/2012 11:57

North Asia Res updates on Shanxi coking coal resources buy

North Asia Resources (00061) said it is in
contemplation of entering into a memorandum of understanding to give a binding mutually
exclusive period of 30 days for further negotiation of the terms and conditions of the
possible acquisition of a Shanxi coking coal resources.
The discussions regarding the possible acquisition and a possible disposal of certain
mining resources are still ongoing. North Asia Resources is also engaged in discussions
with a creditor regarding certain settlement arrangements of the outstanding amount due to
that creditor. (HL)

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