News wire article from our research archive:

Update on Cancellation of the Admission to Trading of the Company's Shares on the AIM Market.

LONDON, UNITED KINGDOM, Jul 3, 2008 (Marketwire via COMTEX) -- Oriel Resources Plc ("Oriel" or the "Company") (TSX:ORL)(AIM:ORI), the London-based chrome and nickel mining and processing company, announces an update to its announcement on 2 May 2008 regarding the timing of cancellation of the admission of the Company's shares on the AIM market. Oriel's issued ordinary share capital, which is currently 99.7 per cent owned by Mechel OAO, a New York Stock Exchange listed company, will not be cancelled from trading on AIM in the immediate future. Oriel is currently ...

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