CIC Capital Ltd Update re Nominated Adviser (9074C)

TIDMCICC

RNS Number : 9074C

CIC Capital Ltd

21 March 2014

CIC CAPITAL LTD ("CIC" or the "Company")

update

CIC Capital Ltd (AIM: CICC), the consulting and advisory firm operating primarily in the resource development and energy infrastructure sectors, is pleased to provide the following corporate update.

Change of Nominated Adviser

Further to the Company's announcement dated 17 February 2014, the Board advises that Cairn Financial Advisers LLP has agreed to extend until 31 March 2014 the date on which it will cease to act as the Company's Nominated Adviser. The Company continues its discussions with a possible replacement Nominated Adviser. There is no certainty that a new Nominated Adviser will be appointed by 31 March 2014. If no adviser is appointed within one month of this date, the Company's shares will be cancelled from trading on AIM.

Enquiries

 
 CIC Capital Ltd           Nominated Adviser 
  Stuart J. Bromley         Cairn Financial Advisers 
  Tel: +86 136 0113 1912    LLP 
  bromley@CICCapital.com    Liam Murray 
                            Tel: +44 (0) 207 148 7900

CIC Capital Ltd

The Company is a consulting and advisory company, operating primarily in the mining and energy infrastructure sectors. The Company seeks to provide consulting and advisory services to entities operating at various stages of resource development, and the exclusive right to control the public listing process of any client company if the client company is an unlisted company.

The core services provided by CIC Capital Ltd. are: the Advisory Service which provides a range of technical, project management, strategic and commercial services; the Strategic Investment Service which helps companies source investment from industry partners for which the Company will typically receive an equity interest; and Advice on Listings where the Company helps the client realise value by listing on a Stock Exchange www.CICCapital.com

This information is provided by RNS

The company news service from the London Stock Exchange

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