NKR Nikanor

RNS Number:0419W
Nikanor Plc
03 May 2007

NIKANOR RESOLUTION TO POSTPONE EGM PASSED

Nikanor PLC (LSE: NKR), the AIM listed copper and cobalt mining company with
world class assets based in the Democratic Republic of Congo ("DRC"), announces
that at an EGM held today, a resolution to adjourn the meeting was passed by the
required majority.

The EGM will now take place at 10am on 16 May 2007 at the offices of JP Morgan
Cazenove, 20 Moorgate, London EC2R 6DA.


For further information, please contact:

Nikanor PLC                                     +44 (0)20 7529 5800
Jonathan Leslie, Executive Chairman
Peter Sydney-Smith, Finance Director
Richard Boorman, Head of Investor Relations

Citigate Dewe Rogerson                          +44 (0)20 7638 9571
Kate Delahunty

JP Morgan Cazenove                              +44 (0)20 7588 2828
Robert Stafler

JPMorgan Cazenove Limited, which is regulated in the United Kingdom by the
Financial Services Authority, is advising Nikanor plc and no one else and will
not be responsible to any other person for providing the protections afforded
to its clients, or for providing advice in relation to the matters referred to
herein.

Notes to Editors

Nikanor is a mining group which owns assets in the heart of the African
copperbelt in the Democratic Republic of Congo. The group's key mine is KOV,
containing one of the world's largest high quality copper and cobalt ore bodies.
Nikanor is rehabilitating this proven and well documented brownfield site and
building a major state of the art refining plant to produce 250,000 tonnes per
year of LME A-grade copper cathode and 27,500 tonnes per year of cobalt
products.


Nikanor was admitted to the London Stock Exchange (AIM) on 17 July 2006.








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