Pathfinder Minerals PLC - AIM-listed cash shell seeking reverse takeover - Provides update on its proposed acquisition of Rome Resources Ltd. Says OAK Securities will provide advance funding of up to GBP100,000. In return, Oak will receive equity in the enlarged group. Pathfinder intends to provide Rome Resources with CAD100,000 loan as part of existing agreement. Further, OAK says it has additionally confirmed to Pathfinder that indications of interest have been received from institutions in excess of GBP4.0 million in relation to the fundraise contemplated alongside the proposed transaction. Pathfinder currently expects to publish an AIM admission document by the end of June.

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By Jeremy Cutler, Alliance News reporter

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