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Pin to quick picksChina Nonferr Regulatory News (CNG)

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Government Approves Issue of Pakrut Mining Licence

10 Nov 2011 07:00

Kryso Resources plc

('Kryso' or the 'Company')

Government approves issue of Pakrut mining licence

Kryso Resources plc (AIM: KYS), the mineral exploration and development company with gold and nickel-copper projects in Tajikistan, is pleased to announce that the Government of the Republic of Tajikistan has, upon the recommendation of the Ministry of Energy and Industry, issued a governmental resolution approving the issuance of the Pakrut Project mining licence to LLC Pakrut, a 100% wholly owned subsidiary of the Company. The governmental resolution was signed by the President of the Republic of Tajikistan. This resolution will allow the Ministry of Energy and Industry to proceed with issuing a mining licence.

Managing Director of Kryso Resources, Craig Brown, commented, "We are pleased with this development and the continued support from the Government of Tajikistan. With confirmation that the mining licence will now be received, we look forward to continuing the development and financing of the project with a view to proceeding with mine construction in the spring of 2012."

For further information please contact:

Kryso Resources PLC

Craig Brown

Anthony Schindler, Investor Relations

Tel: +44 (0) 20 7349 9160

Mobile: +44 (0) 7710 178 928

Evolution Securities

Jeremy Ellis/Tim Redfern/Romil Patel

Tel:+44 (0)20 7071 4300

XCAP Securities plc

John Grant / Jon Belliss

Tel: +44 (0) 207 101 7070

Walbrook PR

Bob Huxford

Tel: +44 (0)20 7933 8780

Mobile: 07900 346 978

Louise Mason

Tel: +44 (0)20 7933 8792

Mobile: 07850 593445

Copyright Business Wire 2011

Date   Source Headline
21st Jan 20112:10 pmBUSDirectorate Change
11th Jan 201110:35 amBUSKryso Signs Agreement with China Non-Ferrous Metals International Mining Co. Ltd. ("CNMIM")
10th Jan 20117:00 amBUSUpdate
9th Dec 20102:25 pmBUSDirectorate Change
30th Nov 20109:55 amBUSTotal Voting Rights
3rd Nov 20104:27 pmBUSIssue of Equity
1st Nov 20103:51 pmBUSPosting of Circular
29th Oct 20102:41 pmBUSTotal Voting Rights
28th Oct 20103:29 pmBUSCNMIM receives PRC consent for placing
27th Oct 20102:54 pmBUSNotice of change in shareholdings
20th Oct 201012:46 pmBUSIssue of Equity
14th Oct 201011:17 amBUSPakrut Bankable Feasibility Study Results
11th Oct 20108:14 amPRNIssue of Shares
1st Oct 201010:10 amBUSBFS publication date comfirmed
28th Sep 20106:02 pmBUSExtension of CNMIM Transaction Long Stop Date
24th Sep 20109:09 amPRNIssue of Equity
22nd Sep 20101:35 pmPRNInterim Results
17th Sep 201010:11 amPRNApproval of Kryso Subscription Agreement
15th Sep 20108:49 amPRNIssue of Equity
3rd Sep 20107:39 amPRNExercise of Warrants
2nd Sep 20107:36 amPRNUpdate on Proposed Issue of Equity
5th Aug 20107:00 amPRNDirectorate Change
5th Aug 20107:00 amPRNDirectorate Change
30th Jul 201012:28 pmPRNTotal Voting Rights
30th Jul 201012:28 pmPRNTotal Voting Rights
28th Jul 20107:00 amPRNProposed Issue of Equity and potential project finance
16th Jul 201011:18 amRNSQuarterly Activity Report
6th Jul 20107:45 amPRNExercise of Warrants
2nd Jul 20104:24 pmPRNDirectorate Change
2nd Jul 20104:08 pmPRNDirectorate Change
29th Jun 20107:05 amPRNUpdate to Exclusivity Period
28th Jun 20107:00 amPRNTotal JORC Resources at Pakrut increased
23rd Jun 20102:28 pmPRNNatasa's Request for Board Representation
23rd Jun 201010:24 amRNSFurther re: Kryso board representation
22nd Jun 20107:00 amPRNExclusivity Period
21st Jun 20104:21 pmPRNIssue of Equity
15th Jun 201010:32 amPRNDirectorate Change
11th Jun 20104:03 pmPRNHolding(s) in Company
11th Jun 20101:36 pmRNSAcquisition of significant stake in Kryso
10th Jun 20108:28 amPRNProgress Update
7th Jun 20102:41 pmPRNFinal Results
21st May 20103:10 pmPRNDirectorate Change
20th Apr 201012:25 pmPRNFurther Excellent Drill Intersections from Pakrut
13th Apr 20107:45 amPRNExercise of Warrants
31st Mar 20101:14 pmPRNPakrut Bankable Feasibility Study Update
30th Mar 201011:51 amPRNHolding(s) in Company
18th Mar 20107:41 amPRNExercise of Warrants
9th Mar 201010:36 amPRNHolding(s) in Company
4th Mar 20104:22 pmPRNIssue of Equity
23rd Feb 201010:54 amPRNHolding(s) in Company

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