Change of Adviser
09.03.2011
SUNKAR RESOURCES PLC
("Sunkar" or the "Company")
Change of Adviser
Sunkar Resources plc (AIM:SKR) is pleased to announce that it has appointed Ambrian Partners Limited as Nominated Adviser and Broker with immediate effect.
For further information please contact:
Sunkar Resources plc
Serikjan Utegen, CEO Tel: +44 20 7930 8678
Donald Sinclair, CFO
Ambrian Partners Limited
Richard Swindells Tel: +44 20 7634 4700
Matt Einhorn
Bankside Consultants
Simon Rothschild Tel: +44 20 7367 8888
Louise Mason
Editors Notes
Sunkar Resources plc
Sunkar Resources plc, through a wholly owned subsidiary Temir Service LLP, operates a phosphate rock mine in Aktobe Oblast, North West Kazakhstan. Temir Service LLP holds a Subsoil Use Contract to part of the Chilisai Phosphate Rock Deposit. The contract area is estimated to contain 800 Mt of phosphate ore.
Sunkar's strategy is to build a world class integrated ammoniated phosphate fertilizer plant with low operating costs. Sunkar's low cost base derives from its near surface phosphate rock deposit, access to sulphur from the nearby North Caspian oil and gas fields and regional long-term marginal priced gas.
