4th Dec 2009 07:41
4 December 2009 Kryso Resources plc (`Kryso' or `the Company') Exercise of Options and Warrants
Kryso Resources plc (AIM: KYS), the gold exploration and development company that is advancing its Pakrut gold project in Tajikistan through a bankable feasibility study (BFS), announces that 3,045,455 ordinary shares in the Company have been issued pursuant to the exercise of options and warrants.
A total of 1,500,000 options were exercised at a price of 10 pence per share, a total of 1,000,000 warrants were exercised at a price of 8p per share and a total of 545,455 warrants were exercised at a price of 5.5 pence per share. Aggregate funds of 260,000.03 have been received by the Company.
Application has been made for the shares issued to be admitted to trading on AIM and dealings are expected to commence on 10 December 2009. Following admission there will be 155,652,947 ordinary shares in issue.
For further information please contact:
Dr. Trevor Davenport/Craig Brown, Kryso Resources plc
Tel: +44 (0) 20 7371 0600
Katy Mitchell, WH Ireland Limited
Tel: +44 (0) 161 832 2174
Christian Dennis, Orbis Equity Partners Limited
Tel: +44 (0) 20 3137 1902
Jason Bahnsen, Fox-Davies Capital Limited
Tel: +44 (0) 20 7936 5200
vendorRelated Shares:
CNG.L