Anglo Pacific Group plc ("the Company") is pleased to announce that on 29th December 2009 it acquired for A$4,137,500 a 1% Net Smelter Royalty ("NSR") on all future uranium production from the Spanish and Portuguese properties owned by Berkeley Resources Limited ("Berkeley").

The NSR was acquired from the original founders and vendors of Berkeley's Spanish subsidiary, Minera de Rio Alagon SL ("MRA shareholders"). As part of the royalty acquisition the Company also agreed to purchase from the MRA shareholders 750,000 ordinary fully paid shares for A$862,500, subject to completion.

For Anglo Pacific Group plc the acquisition of this NSR is another positive step in the Company's strategy to broaden and diversify its portfolio of royalties.

For full details of the announcement please click here.