Thursday April 2, 09:30 AM
BRIEF-Target Rersources has enough cash until end June
LONDON, April 2 (Reuters) - Target Resources Plc (LSE: TGT.L - news) :
* Not to invest further resources in a gold production operation on the Teye River
* Current cash resources are sufficient to cover its anticipated costs and liabilities until the end of June 2009
* In the absence of any significant increase in income, the company will need to secure further funding
((London Equities Newsroom; +44 20 7542 7717))
Keywords: TARGETRESOURCES/BRIEF
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