Release: Oropa: Change of company name to Sihayo Gold Limited
Friday, October 2 2009 - 04:11 AM WIB
After the evaluation of a number of possibilities, the name ?Sihayo Gold Limited? has been selected. Sihayo was the first key gold exploration target at Pungkut and with resources of 1 million ounces of gold, today it remains the focus of our efforts to bring to the project into production. A resolution will be drafted in the upcoming AGM to enable shareholders to vote on the name change, which if approved, will take effect shortly there after.
Directors have commenced a strategic review of Oropa?s other exploration assets. All options will be considered which meet our objective of making continued operational progress and improving shareholder value, whilst ensuring the Company stays focused on our Indonesian gold assets. (end of release)
