Central Asia Metals plc (AIM:CAML) announced November 3 that it has now ended the exclusivity period with Mongolian Resource Corporation (“MUB”) for the sale of two of the Company”s Mongolian projects, Ereen and Handgait.

Discussions remain ongoing between Central Asia Metals and Mongolian Resource Corporation over the sale but Mongolian Resource Corporation has been unable to raise the funding required at this stage.

Central Asia Metals will continue the sale process with other interested third parties and has maintained the services of Cutfield Freeman & Co. to advice.