31st Oct 2008 10:07
TSX: OSU
AIM: OSU
PRESS RELEASE
31 October, 2008
Orsu Metals Corporation
Holding(s) in Company
______________________________________________________________________________________
Orsu Metals Corporation ("Orsu", or the "Company") (TSX: OSU, AIM: OSU), the London-based base and precious metal mining, production, exploration and development company, announces that on 30 October 2008 it received a notification by Charlemagne Capital (IOM) Limited, that on behalf of managed funds, it is interested in 81,284,439 or 17.79% of the Ordinary Shares of no par value of the Company. Previously Charlemagne Capital Limited was interested in 74,878,539 Ordinary Shares or 16.39% of the total number of shares in issue.
ENDS
------------------------------------------------------------------------------------------------------------------------------------------------
For further information please contact:
Tania Tchedaeva, Company Secretary, Orsu Metals Corporation
Tel: +44 (0) 20 7518 3999
Gavin Dallas, Investor Relations, Orsu Metals Corporation
Tel: +44 (0) 20 7518 3999
Ryan Gaffney, Canaccord Adams Limited
Tel: +44 (0) 20 7050 6500
Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824
Related Shares:
OSU.L