29 Mar 2012 13:53
29 March 2012
Kryso Resources plc
('Kryso' or the 'Company')
Change of Name of Nominated Adviser
Kryso Resources plc (AIM:KYS), the mineral exploration and development company with gold and nickel-copper projects in Tajikistan, announces that following the acquisition of the Evolution Group plc by Investec Plc, it has appointed Investec Bank plc as Nominated Adviser and Joint Broker with immediate effect.
For further information please visit the Company's website (www.kryso.com) or contact:
Kryso Resources PLC
Craig Brown, Managing Director
Tel: +44 (0) 20 7349 9160
Anthony Schindler, Investor Relations
Mobile: +44 (0) 7710 178 928
Investec Investment Banking
Jeremy Ellis, Chris Sim, Neil Elliot
Tel:+44 (0)20 7597 5970
XCAP Securities plc
John Grant / Jon Belliss Tel: +44 (0) 207 101 7070
Walbrook PR
Louise Mason/Bob Huxford Tel: +44 (0)20 7933 8780
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.
Pakrut has estimated total JORC compliant resources of 3,578,000oz Au (assuming a cut-off grade of 0.0 g/t Au) and is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and western China, and which 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 (CIS) 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