EURASIAN NATURAL RESOURCES CORPORATION PLC (ENRC, United Kingdom) comments on unsubstantiated allegations made by Global Witness

06.12.13 11:50
/KASE, December 6, 13/ – EURASIAN NATURAL RESOURCES CORPORATION PLC (London), whose ordinary shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of November 22, 2013: quote Following a 25 November 2013 statement by privately sponsored organisation Global Witness, the Eurasian Natural Resources Corporation (ENRC) has issued a response denouncing the series of "false claims, innuendo, and persecutory propaganda." The most recent statement from Global Witness sought to pressure MPs specifically on ENRC during the upcoming testimony of Financial Conduct Authority Director David Lawton. The organisation has similarly released approximately 12 statements on its website since 2012, singling out ENRC despite the fact that the company has been neither charged nor convicted of any wrongdoing. "ENRC wishes to be unambiguously clear with regard to the statements contained in the Global Witness press release of Nov. 25: there is zero truth in the conclusions which Global Witness has reached prematurely and without benefit of the facts." said an ENRC company spokesperson. "It is deeply concerning that this organisation has focused so intensely and arbitrarily on one company which has never been proven to have committed any serious violation, while at the same time ignoring the conduct of dozens of other mining companies. It raises questions regarding the group’s motivations and sponsorship". unquote The full version of the press-release is available on KASE website in Russian at http://www.kase.kz/files/emitters/GB_ENRC/gbenrc_reliz_221113.pdf [2013-12-06]