AIM Rule 26
AIM Rule 26
Since the amendments to the AIM Rules for Companies were introduced on 20 February 2007 by the London Stock Exchange (the “Exchange”), each AIM company must maintain a website on which certain information is to be made available to the public free of charge. This information is currently available on the Metals Exploration PLC website in the most appropriate section, but the Exchange have recommended that it also be available on a single page.
Here we provide all possible information in one place, with direct links to documents hosted on another part of the site where needed.
Description of Business:
Metals Exploration Plc's objective is to discover and develop high value gold, copper and other mineral resources within the Southeast Asia - Pacific region with immediate emphasis on the Philippines. We are focused on increasing shareholder value through the acquisition and development of mineral exploration properties in Southeast Asia, and in particular the Philippines.
Metals Exploration Plc's management strategy and corporate plan is to:
• Provide Shareholders with the capital growth potential that the discovery of a world class mine can deliver.
• Use financial modelling to ensure that the targets being sought are of the style to deliver a low-cost position on the production-cost curve.
• Undertake minimum industry best practice, cost-effective and precise exploration on those targets most likely to deliver real Shareholder wealth.
• Maintain a "queue" of projects ranging from grass-roots exploration through to well-advanced resource projects to projects requiring definitive feasibility studies.
• Manage the real value of its tenement portfolio by advancing short-term value projects, Joint Venturing long-term value projects requiring significant capital, or by selling off those assets which deliver immediate value to the shareholders.
• To conduct operations in a safe and environmentally responsible manner; to offer employment opportunities to those who live in the exploration project areas, and to respect the indigenous culture of the exploration provinces and promote social and economic development for the traditional custodians.
Director Details:
Please see the Directors page for full details.
Country of Operation:
Metals Exploration PLC is incorporated in England (Registered Number: 05098945), with it’s registered office at: 200 Strand London WC2R IDJ. The main country of operation is the Philippines. For further details of our projects in the Philippines please see the Projects area of the site.
Current constitutional documents:
The AIM admission document and the Memorandum and Articles of Association of the Company are available here: http://www.metalsexploration.com/ir-aim-document
Exchange Information:
The Company currently trades on the London Stock Exchange AIM as 'MTL'. For further information please visit the London Stock Exchange website page for Metals Exploration Plc.
Securities Information:
Information concerning securities in issue, as well as the identity and percentage holdings of its significant shareholders is available on our Capital Structure page, which is available here: http://www.metalsexploration.com/about-capital-structure
Financial Reporting:
All financial reports made available by us can be downloaded from the Investor Relations area of our website: http://www.metalsexploration.com/metals-explorations-IR
Notifications over last 12 months:
All announcements made by the Company are available within the Investor Relations area of this website. Announcements concerning drilling results, resource updates and similar can be downloaded from the Company News page (http://www.metalsexploration.com/ir-company-news). Announcemtnts concerning holdings in the Company, options and similar can be downloaded from the Regulatory News page (http://www.metalsexploration.com/ir-regulatory-news). These pages are updated as required.
Admission Document and Publication:
The AIM admission document can be downloaded from the Investor Relations area of our website: http://www.metalsexploration.com/ir-aim-document . All other documents such as broker reports, interim results and Annual reports are also available for download from the Investor Relations area: http://www.metalsexploration.com/metals-explorations-IR
Advisers:
Please see the Advisers page for full details.