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Pathfinder Minerals confirms interim High Court injunction remains in place.

M2 EQUITYBITES-February 13, 2012-Pathfinder Minerals confirms interim High Court injunction remains in place(C)2012 M2 COMMUNICATIONS

Natural resources company Pathfinder Minerals plc (AIM:PFP) reported today that that its interim injunction, which was granted by the English High Court on 19 December 2011, will now continue until 19 March 2012.

At that time there will be a further hearing to consider the matter.

The company's interim injunction orders Jacinto Soares Veloso (General Veloso), a former director of Pathfinder Minerals and a director of Pathfinder Minerals' subsidiary, Companhia Mineira de Naburi SARL (CMDN); J.V Consultores Internacionais Limitada, a company controlled by General Veloso; and Diogo Jose Henriques Cavaco, also a director of CMDN, against taking any steps to interfere with the rights of ownership of Pathfinder Minerals' wholly-owned subsidiary, IM Minerals Ltd, in the shares of CMDN.

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Publication:M2 EquityBites (EQB)
Date:Feb 13, 2012
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