Last checked at 5 Jan 2010 12:36
Kryso Resources plc (`Kryso' or `the Company') Grant of Warrants
Kryso Resources plc (AIM: KYS) announces that it has today granted 170,000 warrants (`the Warrants') exercisable at any time in the next 24 months at a price of 0.05 per share to Scarab Capital Partners LLP (`Scarab').
The Warrants form part of the consideration due to Scarab for acting as placing agent to the Company in relation to the placings announced on 8 July 2009 and 19 August 2009.
Scarab has no other interest in the share capital of the Company.
Andrew Malim, a Non-Executive Director of the Company, is a member of Scarab and is therefore indirectly interested in the Warrants. Andrew Malim is directly interested in 500,000 Kryso shares, equivalent to 0.32% of the Company's issued share capital.
For further information please contact:
Dr. Trevor Davenport/Craig Brown, Kryso Resources plc
Tel: +44 (0) 20 7371 0600
Katy Mitchell, WH Ireland Limited
Tel: +44 (0) 161 832 2174
Christian Dennis, Orbis Equity Partners Limited
Tel: +44 (0) 20 3137 1902
James Hehn, Fox-Davies Capital Limited
Tel: +44 (0) 20 7936 5200
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