Cerro Resources Responds to Price Query
In response to a query by the Australian Stock Exchange in relation to the change in price of Cerro Resources NL, the Company responded as follows:
The Company is not aware of any information concerning it that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company. On January, 21 2011, the Company released on ASX a presentation that was made to investors in the Canadian market and at the Cambridge House Vancouver Resource Investment Conference. That presentation (which is also available on the Company’s website) is part of the Company’s efforts to better inform the market in North America (where the Company is dual listed on the TSX-V) and elsewhere of the Company’s interests in projects, its focus and in how it intends to execute its objectives. Presentations continue in both the North American and Australian markets following the same information. The presentation includes reference to the proposed Namiquipa Project acquisition which will be the subject of a vote by shareholders on February 11, 2011.