ORP Origo Res. (See LSE:OPP)

 

TIDMORP 
 
 
Origo Resource Partners Limited 
03 June 2009 
 
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3 June 2009 
 
 
Origo Resource Partners Limited 
Acquisitions by RMWAH 
 
 
 
 
Origo Sino-India PLC and Origo Resource Partners Ltd are pleased to announce 
that R.M.Williams Agricultural Holdings ("RMWAH"), the recently formed 
Australian agricultural business in which they own a combined 39 percent 
shareholding, has entered into agreements to acquire two agricultural properties 
in Queensland and the Northern Territory. 
 
 
RMWAH's strategy is to build a vertically integrated agricultural company 
focused on operating prime farmland and, through strategic partnerships, to 
develop a diversified portfolio of businesses supplying a range of premium 
branded organic meat and grain products to both local and international markets. 
 
 
 
Welltree acquisition 
 
 
Welltree is a 39,100 hectare property and cattle-station operation situated on 
natural flood plains close to the major export port of Darwin in Northern 
Territory Australia. 
 
 
RMWAH plans to develop Welltree into a year-round finishing depot for cattle 
awaiting export to Asia, thereby forming a platform for consolidating 
high-quality, under developed pastoral properties in the Northern Territory. 
 
 
Beyond revenues from the feedlot operation, Welltree is expected to generate 
additional income streams through complementary activities such as aquaculture 
and environmental securitisation. 
 
 
Inglewood Farms acquisition 
 
 
Inglewood Farms is Australia's leading producer of organic, free-range chicken. 
 
 
With quality infrastructure, a well-known brand, and a strong distribution 
network, Inglewood Farm will supplement RMWAH's existing aggregation of organic 
feed producing properties on the Warrego river system. According to the Organic 
Federation of Australia the Australian organic industry is worth approximately 
AU$1 billion per annum. 
 
 
Both transactions are subject to customary closing conditions. The total value 
of the transactions has not been publicly disclosed. 
 
 
Commenting on the announcement Chris Rynning, CEO of Origo-Sino India Plc and 
Executive Director of Origo Resource Partners Ltd, said: 
 
 
"These two transactions illustrate RMWAH's ability to rapidly build an 
integrated agricultural company, positioned to serve both domestic and 
international export markets." 
 
 
"The acquisitions will expand RMWAH's asset base and business scope, and provide 
an attractive potential mix of long-term capital appreciation and nearer term 
cash-flow generation." 
 
 
Further information: 
 
 
+----------------------------------------------------+----------------------------+ 
| Origo Resource Partners Limited                    | +86 1390 124 6417          | 
| Chris Rynning                                      | +86 1351 106 1672          | 
| (chris@origoplc.com)                               |                            | 
| Niklas Ponnert                                     |                            | 
| (niklas@origoplc.com)                              |                            | 
|                                                    |                            | 
+----------------------------------------------------+----------------------------+ 
| Nominated Adviser:                                 | +44 (0)20 7131 4000        | 
| Smith & Williamson Corporate Finance Limited       |                            | 
| Azhic Basirov / Jo Royden-Turner                   |                            | 
|                                                    |                            | 
+----------------------------------------------------+----------------------------+ 
| Broker:                                            | +44 (0)20 3100 2222        | 
| Liberum Capital Limited                            |                            | 
| Simon Atkinson                                     |                            | 
|                                                    |                            | 
+----------------------------------------------------+----------------------------+ 
| Public Relations:                                  | +44 (0)20 7321 0000        | 
| Aura Financial                                     |                            | 
| Andy Mills / Nina Legge                            |                            | 
|                                                    |                            | 
+----------------------------------------------------+----------------------------+ 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRAGGGGVVZVGLZM 
 

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