Neos Resources PLC : Update



Neos Resources plc

("Neos" or the "Group")

Update

Further to the announcement dated 30 January 2014, the Board is continuing discussions with the Company's two largest shareholders in connection with the Company's funding requirements to remain a going concern and as a listed entity for the next twelve months.

Given the need to publish the overdue Annual Report for the year ended 30 June 2013 as soon as possible, and in the current absence of a funding commitment, the Board has concluded that it will not prepare the accounts on a going concern basis. 

The Board continues to look at a number of opportunities to secure further funding.

Enquiries:

NEOS Resources plc		[phone]
Nicholas Myerson - Chief Executive Officer
finnCap Ltd		[phone]
Stuart Andrews Christopher Raggett

This information is provided by RNS

The company news service from the London Stock Exchange

ENDMSCLIFIAFDILFIS