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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 it has appointed Andre Gaston as its Chief Operating Officer.
Kryso Resources plc, the mineral exploration and development company with gold and nickel-copper projects in Tajikistan, is pleased to announce that on 27 July 2010 it entered into a conditional subscription agreement (the Agreement) with China Nonferrous Metals Intl Mining Co., Ltd. (CNMIM) whose principal shareholder is China Nonferrous Metals Mining (Group) Co., Ltd. (China Nonferrous). China Nonferrous is a major Chinese mining company headquartered in Beijing.
Kryso Resources plc (AIM: KYS) announces that 270,000 ordinary shares in the Company have been issued pursuant to the exercise of 270,000 warrants at a price of GBP0.08 per share. Aggregate funds of GBP21,600.00 have been received by the Company.
Further to the announcement of earlier today the Board confirms that the following additional changes have now taken place:
Kryso Resources plc announces that Andrew Malim, who has been a Non-Executive Director of the Company since 2005, has today resigned from the Board of the Company for personal reasons.
The Company confirms that today all Resolutions proposed at the Company's AGM were duly passed with the exception of Resolutions 2, 6, 7 and 8:
Further to the announcements of 22 June 2010 and 25 June 2010 the Company confirms that the exclusivity period set out in the exclusivity agreement made between Kryso and a major mainland Chinese mining company has expired with no agreement between the partes being concluded.
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, is pleased to announce that Snowden Mining Industry Consultants (Pty) Ltd ('Snowden') has completed an updated Mineral Resource estimate for the Pakrut gold deposit, which has been classified and reported in-line with the JORC Code.
Further to the announcement of 22 June 2010, the Company confirms that the exclusivity period, set out in the exclusivity agreement made between Kryso and a major mainland Chinese mining company ("Potential Investor") has been extended from 11.59pm on 25 June 2010 to 11.59pm on 28 June 2010.
The Company is aware of an RNS announcement published by Natasa Mining Limited (Natasa) on 23 June 2010 relating to Chrisilios Kyriakou and Jonathan Reynolds and their nominations for election as directors of the Company at the Company's Annual General Meeting (AGM) to be held on 30 June 2010.
Kryso Resources plc advises that it has entered into an exclusivity agreement (the "Agreement") with a major mainland Chinese mining company (the "Potential Investor") to allow exclusive discussions to take place with regard to a potential investment in the Company.
The Company confirms that it has received notice as follows: Natasa Mining Limited has acquired the warrants over 10,723,389 ordinary shares in the Company, previously held by Great Basin Gold Limited. Natasa Mining Limited has now served notice on the Company to exercise those warrants.
Kryso Resources plc (AIM: KYS) announces that Ferdinand Dippenaar has tendered his resignation as a Non-Executive Director of the Company, since Great Basin Gold Limited no longer hold a notifiable interest in the Company's shares.
The Company confirms that it has today received notice as follows: On 9 June 2010, Great Basin Gold Limited disposed of its holding of 20,723,389 ordinary shares in the Company at a price of 9.5p each; and a further 3,401,335 ordinary shares, held by its subsidiary N5C Resources Inc also at a price of 9.5p each (a total of 24,124,725 ordinary shares).
Kryso Resources plc, the gold exploration and development company that is advancing its 2.8 million ounce Pakrut gold project in Tajikistan through a bankable feasibility study (BFS), provides an update on progress.
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