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Griffin Mining News
Griffin Mining Limited (“Griffin” or the “Company”), has noted the recent fall in the market price of its shares. Griffin is not aware of any operational or financial reason in relation to the Company’s activities for the fall in the share price. Griffin is, however, aware that its shares (and shares of other London Stock Exchange quoted companies) have been listed on the Berlin Stock Exchange without its consent. Griffin believes that this has been done by certain brokers to facilitate the short selling of shares. The Company and its advisers are seeking the delisting of Griffin’s shares from the Berlin Stock Exchange and investigating the possibility of further action in this regard. Griffin continues on schedule and on budget to complete construction of the mine and processing facilities at Caijiaying for commissioning in the spring of 2005. Further, Griffin retains more than sufficient funds for this construction and commissioning and for all the working capital requirements of the Company.
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Griffin Mining Limited 6th Floor 60 St James's Street London SW1A 1LE |
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Tel: +44 (0)20 7629 7772 Fax: +44 (0)20 7629 7773 |
Copyright Griffin Mining Ltd. © 1998-2009 All Rights Reserved Maintained by Magellan Systems |
