🕐03.05.10 - 05:00 Uhr
Noble Group welcomed as a significant shareholder in East Energy
EAST ENERGY RESOURCES: ASX/MEDIA RELEASE
ASX Announcement
3 May 2010
Noble Group welcomed as a significant shareholder in East Energy
Coal exploration company East Energy Resources Ltd (East Energy) has
welcomed the recent purchase of a 19.99% stake in East Energy by Osendo Pty
Ltd, a subsidiary of the Noble Group Ltd (Noble Group).
The Noble Group (SGX:N21) is a market leader in managing the global supply
chain of agriculture, industrial and energy products.
Their global network
encompasses more than 150 office and plant locations in 38 countries across
five continents.
The Noble Group is headquartered in Hong Kong and is
listed on the Singapore Stock Exchange.
In 2009 they were ranked 218th on
the Fortune Global 500 list.
The Noble Group are a well respected conglomerate with a proven track
record in business and have extensive experience in coal mining and
marketing.
Noble Groups technical and marketing expertise will be of
assistance to East Energy as it formulates its plans for the substantial
Blackall thermal coal deposit in Queensland.
For further information on the Noble Group please visit their web site.
Ends
To view the full ASX release visit the link below:
http://esp.gewru.com/download/files/12414/971320/Exploration%20Drilling%20concluded%20at%20Capella.pdf
For further information please contact:
Mark Basso
Managing Director
Tel: 08 9225 5833
Website: www.eastenergy.com.au
David Tasker
Professional Public Relations
Tel: 08 9388 0944/ 0433 112 936
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