13th May 2009 12:36
13 May 2009 KRYSO RESOURCES PLC ("Kryso" or the "Company") Result of General Meeting
The Board announces that at today's General Meeting, Resolutions 1 to 5 inclusive were passed, but Resolution 6 (a Special Resolution to amend the Articles of Association of the Company) was not passed.
It is a condition of the Subscription Agreement between the Company and Vertex Mining International (Cyprus) Limited (Vertex) that all the Resolutions were passed at the General Meeting.
Vertex may however waive this condition (and any other condition to the Subscription Agreement, other than Admission).
The Company has informed Vertex of the results of the General Meeting, and is waiting to hear whether or not Vertex wish to proceed with completion of the Placing. A further announcement by the Company is therefore expected shortly.
Terms defined in the circular dated 21 April 2009 in relation, inter alia, to the Placing have the same meaning in this announcement.
For further information please contact:
Vassilios CarellasManaging DirectorKryso Resources plcTelephone: 020 7371 0600Mobile: 07970 756352Roxane Marffy/Brett MillerRuegg & Co LimitedNominated AdviserTel: 020 7584 3663
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