Last checked at 22 Jun 2010 07:00
Kryso Resources plc ("Kryso" or the "Company") Exclusivity Period
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 Agreement provides for an exclusivity period until 11:59p.m. BST on Friday, 25 June 2010, during which time Kryso cannot carry on or solicit discussions with any other party in relation to any investment in the Company's shares or the disposal of any of the Company's assets.
There can be no guarantee that the Potential Investor will make any investment in the Company, and a further announcement will be made in due course.
For further information please contact:
Dr. Trevor Davenport/Craig Brown, Kryso Resources plc Tel: +44 (0) 20 7371 0600
Katy Mitchell, WH Ireland LtdTel: +44 (0) 161 832 2174Christian Dennis, Orbis Equity Partners LtdTel: +44 (0) 20 3137 1902
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