ACQUISITION OF BLUMONT SHARES BY CHAIRMAN DESIGNATE - Alexander Molyneux

The Board of Directors of Blumont Group Ltd. (博诺有限公司) (the "Company") refers to the announcement by the Company dated 7 October 2013 (the "Initial Announcement") on the proposed acquisition by Mr. Alexander Molyneux, Chairman designate of the Company, of 135 million issued ordinary shares ("Shares") in the Company (the "Acquisition"). All terms used in this announcement shall bear the same meanings ascribed to them in the Initial Announcement unless otherwise defined herein.

Mr. Molyneux has informed the Company that the parties to the Acquisition have agreed to extend the completion period of the Acquisition by 30 days. The Acquisition is now expected to be completed on or before 6 December 2013.

The Company will update Shareholders on completion of the Acquisition. In the interim, Mr. Molyneux will remain as Chairman designate of the Company

http://infopub.sgx.com/FileOpen/BGL_UpdateAcquisitionofshares_08102013.ashx?App=Announcement&FileID=263305

Mining businessman to buy stake in Singapore's Blumont, become chairman

Mining businessman Alexander Molyneux will acquire a 7.8 percent stake in Blumont Group Ltd (BLUM.SI) and become its chairman, the Singapore-listed diversified holding company.

Molyneux agreed to buy 95 million Blumont shares from Neo Kim Hock, the company's executive chairman, and 40 million from an unnamed individual investor, Blumont said in a stock exchange filing.

The 135 million shares represent 7.83 percent of Blumont's total issued shares on Monday and will be around 5.22 percent of the company's enlarged share capital after the completion of a planned rights issue.

http://www.reuters.com/article/2013/10/07/us-blumont-idUSBRE9960R620131007

SouthGobi Resources fires CEO Alex Molyneux after Chalco drops bid

Mining giant Rio Tinto Ltd. has terminated the chief executive of SouthGobi Resources Ltd., removing one of the only remaining links to the Robert Friedland era in its Mongolian business.

http://business.financialpost.com/2012/09/12/southgobi-resources-fires-ceo-after-chalco-drops-bid/