ARCL Altus Res.

TIDMARCL

RNS Number : 9084E

Altus Resource Capital Limited

07 June 2012

ALTUS RESOURCE CAPITAL LIMITED

7 June 2012

Announcement of NAV as at 31 May 2012

Overview

Altus Resource Capital Limited (LSE:ARCL) (the "Company") is a Guernsey registered, closed-ended investment company which is listed on the Specialist Fund Market of the London Stock Exchange and on the Channel Islands Stock Exchange.

Announcement of NAV as at 31 May 2012

The Company announces that the unaudited net asset value per share has fallen 5.5% in May and risen 67.8% since inception on 30 June 2009 to GBP1.59, amounting to a net asset value of GBP63.3 million.

A monthly fact sheet is posted on the Company's website www.altrescap.com/s/MonthlyFactSheet.asp.

Investment Objectives and Policy

The Company's objective is to realise capital growth from a concentrated portfolio of junior resource equities and to generate a significant capital return to shareholders.

The Company invests in companies engaged in the exploration, development and/or mining of metals and minerals with a focus on companies that operate in the gold sector. Portfolio companies will be predominantly, but not exclusively, listed or quoted on either UK markets or other recognised stock exchanges including the Canadian and Australian markets.

Investor information

The latest available information on the Company can be accessed via the website.

This document has been issued by, and is the sole responsibility of the Company and is for information purposes only. It is not, and is not intended to be an invitation, inducement, offer, or solicitation, to deal in the shares of the Company. The price of shares in the Company and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of shares in the Company. An investment in the Company should be considered only as part of a balanced portfolio of which it should not form a disproportionate part. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.

By order of the Board

Altus Resource Capital Limited

Administrative Enquiries:

Anson Fund Managers Limited

Tel: +44 (0) 1481 722 260

Investment Manager:

Altus Capital Limited

Tel: +44 (0) 1235 511767

info@altus-cap.com

Shareholder Enquiries:

Nimrod Capital LLP

Tel: +44 (0) 20 3355 6855

info@nimrodcapital.com

E&OE - In Transmission

END OF ANNOUNCEMENT

This information is provided by RNS

The company news service from the London Stock Exchange

END

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