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Director Dealing

5th Dec 2014 07:00

RNS Number : 9183Y
Tengri Resources
05 December 2014
 



 

 

Tengri Resources

 

("Tengri" or the "Company')

 

Director Dealing

 

London, 5 December 2014 - Tengri Resources (AIM: TEN), the mining exploration and development company focused on high quality gold-copper projects in the Kyrgyz Republic, today announces that Mr John Levings, a Non Executive Director of the Company, yesterday purchased 100,000 ordinary shares of 5 pence par value in the Company ('Ordinary Shares") at a price of £0.06 per Ordinary Share.

Following this transaction Mr Levings is now directly interested in 100,000 Ordinary Shares [representing 0.09% of the total share capital of the Company].

For any further information please visit the Tengri Resources website www.tengriresources.co.uk.

 

Tengri Resources

Peter Moss

+44 20 3301 9346

finnCap Ltd (Nomad)

Matthew Robinson/Grant Bergman/James Thompson

+44 20 7220 0500

Peterhouse Corporate Finance Limited (Corporate Broker)

Heena Karani

+44 20 7469 0936

Tavistock (PR and IR Adviser)

Nuala Gallagher/ Emily Fenton/ Jos Simson

+44 20 7920 3150

 

Notes to Editors

Tengri Resources (AIM: TEN) is a mining exploration and development company focused on low-cost gold-copper projects in Central Asia.

The Company seeks to add portfolio value by applying a phased approach to project development. The company is presently focused on Stage 1 of the Taldybulak deposit (TEN 100%), which will target development of a higher grade zone within the existing SAMREC compliant resources of 6.8Moz of gold and 1.66bnlb of copper. Tengri continues to advance the Andash Mining Project (TEN 100%) which has JORC compliant resources of 682koz of gold and 170Mlb of copper and the Bashkol project (TEN right to earn 70%), located 60km along strike from the producing Kumtor Gold Mine.

The Company listed on AIM in July, 2014. Tengri's board and management are highly experienced in Central Asia, with mining operational and financial career backgrounds.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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