28th Sep 2012 14:01
28 September 2012
Kryso Resources Plc
("Kryso" or the "Company")
Issue of Shares
Kryso Resources Plc (AIM: KYS) announces that 2,899,695 ordinary shares in the Company have been issued at 30p per share in lieu of fees contractually due.
Application has been made for the shares issued to be admitted to trading on AIM Market of the London Stock Exchange and dealings are expected to commence on 5 October 2012. The new ordinary shares will rank pari passu with the Company's existing ordinary shares. Following admission there will be 313,108,958.
For further information please visit the Company's website (www.kryso.com) or contact:
Kryso Resources PlcCraig Brown, Managing DirectorTel: +44 (0) 20 7349 9160
Investec Bank PlcJeremy Ellis, Chris Sim, Neil ElliotTel: +44 (0) 20 7597 5970
XCAP Securities PlcJon Belliss
Tel: +44 (0) 20 7101 7070
Walbrook PRPaul CorneliusTel: +44 (0) 20 7933 8794
About the Pakrut Gold Project
The Pakrut Gold Project, of which Kryso has 100% ownership, is situated in Tajikistan approximately 112km northeast of the capital city Dushanbe. The Pakrut Gold Project has estimated total JORC compliant resources of 5,020,000 oz Au (assuming a cut-off grade of 0.5 g/t Au) and is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and western China, and hosts a number of multi-million ounce gold deposits.
About Tajikistan
Tajikistan is a secular republic located in Central Asia. The country is a member of the Commonwealth of Independent States and the Shanghai Cooperation Organisation. Tajikistan hosts numerous operating precious metal mines as well as the largest aluminium smelter in Central Asia. Kryso's management team has extensive experience in the mining industry in Tajikistan.
Copyright Business Wire 2012
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