Astra Resources Plc
Astra Resources Plc: Astra appoints Octa Phillip Securities Limited Global Markets service
Astra Resources Plc / Key word(s): Strategic Company Decision/Miscellaneous 16.03.2012 / 10:00 --------------------------------------------------------------------- Astra appoints Octa Phillip Securities Limited Global Markets service Adelaide, Australia - 16 March 2012: International diversified resources company, Astra Resources Plc (FWB Code: 9AR), has appointed diversified investment and financial services group Octa Phillip Securities, one of Australia's largest independent broking firms, to provide access to their electronic trading platform and services to Astra shareholders. Octa Phillip provides wealth management, institutional and private client stockbroking, corporate finance, research and funds management services. Octa Phillip has direct channels into Asia. The major shareholder, Phillip Capital Group, has extensive proprietary trading platforms, over 5000 employees and strong bases in Singapore, Hong Kong and throughout Asia. Octa Phillip's offices are in Melbourne, Sydney, Perth, Adelaide and the Gold Coast. It was formed by the Intersuisse Ltd acquisition of the Austock Securities business in early 2012. Nicholas Pereza-Mathews, Head of Global Markets at Octa Phillip Securities said their global markets service provides general advice, custody and dealing for Australian companies that have listed on overseas exchanges and want to provide their Australian shareholders a full stockbroking service with the convenience of dealing with a local AFSL licensed stockbroker. Astra CEO Dr Jaydeep Biswas said this is an important move from a corporate perspective for Astra. 'The service from Octa Phillip provides current and prospective shareholders with a more efficient way of trading in Astra shares,' Dr Biswas said. Astra Managing Director Silvana De Cianni said the choice is with each shareholder should they wish to use the global markets service provided by Octa Phillip Securities. Astra Resources' global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India, Norway and the Philippines, carbon efficient businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology and the provision of mining services housing in Rockhampton, Queensland. ENDS For all media enquiries contact: Bruce Nelson +61 (0) 423 403 449 (bruce@zakazuhka.com) Caitlin Petrou +61 (0) 402 823 343 (Caitlin@astraresources.com.au) Disclaimer in regards to Forward-looking Statements Certain statements included herein, including those that express management's expectations or estimates of our future performance constitute 'forward-looking statements' within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward looking statements. Except as required by law, Astra Resources PLC does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. End of Corporate News --------------------------------------------------------------------- 16.03.2012 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 --------------------------------------------------------------------- 160921 16.03.2012
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