TIDMCAML

RNS Number : 2150K

Central Asia Metals PLC

14 April 2015

15 April 2015

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

Proposed Share Premium Cancellation and Results of Extraordinary General Meeting

Central Asia Metals PLC (AIM:CAML) announces, further to its announcement on 30 March 2015, that the resolution proposed at the Extraordinary General Meeting held earlier today to approve the Share Premium Cancellation was duly passed.

It is expected that the appropriate Court approval of the Share Premium Cancellation will be confirmed on or around 13 May 2015.

The effect of the Share Premium Cancellation will be, subject to the protection of creditors, to increase the amount of the Company's distributable reserves and permit the Company to continue to pay dividends and to repurchase its Ordinary Shares as and when the Directors decide this is appropriate.

For further information please contact:

 
                                          Tel: +44 (0) 207 603 
                                                          1515 
 
Central Asia Metals plc 
 Tony Hunter 
 Company Secretary 
Peel Hunt LLP (Nominated Adviser & Joint  Tel: +44 (0) 20 7418 
 Broker)                                                  8900 
Matthew Armitt 
 Ross Allister 
 
                                          Tel: +44 (0) 20 7878 
Mirabaud Securities LLP (Joint Broker)                    3362 
Peter Krens 
 
                                          Tel: +44 (0) 20 3772 
Bell Pottinger                                            2500 
Lorna Cobbett

This information is provided by RNS

The company news service from the London Stock Exchange

END

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