AAIC Bullion Refineries Group Ltd
AAIC Bullion Refineries Group Ltd : Metalloyd Ltd receives an allocation of raw gold and finished gold bullion
AAIC Bullion Refineries Group Ltd / Key word(s): Alliance/Development of Sales / PRESS RELEASE – IMMEDIATE AAIC Bullion Refineries Group (ABRG) Approve Metalloyd for first Refinery Account 11th January 2012 – London AAIC Bullion Refineries Group Limited (ABRG, Frankfurt Xetra: 1AB) today announces that it has approved Metalloyd Ltd for a Refinery Account. The opening of a Refinery Account, the first account to be issued for ABRG’s new Nabi Ayoub Refinery in Malaysia, awards Metalloyd Ltd an allocation of raw materials and finished gold bullion products. Commenting on the approval, Chandrasegaran, Group Procurement Director of ABRG said:’ Metalloyd registered for a Refinery Account in November last year and we met with them in London in December. They are interested in trading Bullion products and our iron and other mixed metal offtakes for their steel mills’ ABRG confirmed that it is currently processing more than 160 applications for Refinery Accounts as it gears up to open its new refinery in Malaysia and commences supply of raw material bi-products from its Indonesian mines early in February 2012. Metalloyd Ltd is a major supplier of steel products to a global network of traders, distributors and end users through its offices located in CIS, USA, Canada, China, India, Korea and Taiwan as well as trading precious metals through its Head Office in London, England. END Notes for editors AAIC Bullion Refineries Group Limited (ABRG) is a precious metals refiner, trader and financier listed in The Frankfurt Stock Exchange (XETRA) as 1AB. It currently operates through a network established in more than 115 countries. Founded in 2010, the Group currently has offices in Guernsey Island, Kuala Lumpur in Malaysia and Jakarta, Indonesia. Safe Harbour Statement: The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company’s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time. Company: AAIC Bullion Refinery Group Ltd; Ticker Symbol 1AB, ISIN: GG00B65SHP45 Europe, Americas & Africa Phone: Mr. Francis Higney, +44 2891 882820 or +44 7906 816678 Email: francis.higney@abrgl.com Web: www.abrgl.com Asia Phone: Mr. Akim Affandi Ahmad, +6012 292 5508 or +603 2026 1310 Email: akim@abrgl.com Web: www.abrgl.com End of Corporate News 18.01.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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