BASEL'S STRIKEFORCE POSTPONES IPO

摘要

Strikeforce Mining and Resources Ltd. (SMR), a subsidiary of Soyu2MetalResource, a company in Oleg Deripaska's Basic Element group, has been forced to postpone a planned IPO due to the onset of the global financial crisis. SMR is one of the last Russian companies to put off a planned IPO. SMR will return to the IPO issue, to its timeframe and other parameters, once the impact of the global financial crisis is clear, company General Director Geoffrey Cowley said.