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Teknomining plc

Growth Market (Withdrawn)

Teknomining Plc is engaged in the exploration, and development of industrial minerals and base metals in south eastern Turkey.

The Group had initially secured through its wholly owned Turkish subsidiary ("The Company") two Exploration Licences over land area in the province of Diyarbakir, Eastern Anatolia, Turkey covering an area of c.10.9km.sq and currently has upgraded these to two full Operation Licences. These licences grant the Company certain rights to explore for and exploit "4th Group Minerals" as defined under Turkish mining law.

The Group announced on 23 May 2011 that through its wholly owned Turkish subsidiary it has been awarded full rights to three additional Exploration Licences covering an area of c.54.07km sq (5,407 hectares) taking the total number of licences under management to five - with two Operation Licences and three Exploration Licences covering a total area of 64.97km sq (6497 hectares).

To date the Company has undertaken five major Geophysical Ground Magnetic, Resistivity and Induced Polarisation (IP) Surveys which have shown the presence of positive anomalies. Initial drilling of a copper prospect has located some interesting intersections of copper mineralisation. Strong magnetic anomalies coincide with outcrops and boulders of magnetite and warrant further investigation.

A new Board of Directors elected in late December 2012 is carrying out a detailed review of all technical data with a view to outlining a future strategy for the Company. Plans to develop iron ore extraction on Licence 200806366 will be reviewed by the nominated contractor during April of this year.

Teknomining plc

Symbol Ccy Code Bid Ask Mid Previous Close Volume Last Traded 52Wk Low 52Wk High
XX.TEKP GBX - - 3 3 50 19/04/2013 - -

All data delayed by up to 5 minutes
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Chief Executive Officer Mr Matthew Farrell
Non-Executive Chairman Mr Sean Finlay
Non-Executive Director Dr Roger Norwich

Business Address

6 Northbrook Road

Business Telephone: +353 87 249 10 22
Business Email:

Registered Address

6 Northbrook Road

Registrar : Computershare Investor Services plc (Ireland)

Heron House,
Corrig Road, Sandyford Industrial Estate,
Co. Dublin,

Phone:00 353 1 216 3000

Key Information

Market Cap: £1.3M
Par: 0.001
Inst Type: ORD
Symbol: XX.TEKP
MiFID Status: MTF
Securities in issue: 43,103,510
Sector: Mining

Latest Trades

Date & Time Volume Price
19/04/2013 13:27 50 2
22/03/2013 16:14 3,000 11
20/03/2013 15:31 10,000 9
26/02/2013 10:05 5,000 12
25/02/2013 15:25 10,850 10
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