Last checked at 21 Jun 2010 16:21
Kryso Resources plc (`Kryso' or `the Company') Issue of Equity
The Company confirms today that is 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.
Accordingly, Kryso has today issued 10,723,389 Ordinary shares (the "Admission Shares") to Natasa Mining Limited, at a price of 8p each. Natasa Mining Limited now holds 34,848,113 Ordinary Shares in the Company representing 21.67% of the total issued share capital of the Company.
Application has been made to admit the Admission Shares to trading on AIM. It is anticipated that dealings in the Admission Shares will commence on 25 June 2010.
Following the issue of the Admission Shares, the totally number of Ordinary Shares in issue is 171,509,086 Ordinary Shares.
For further information please visit the Company's website (www.kryso.com) or 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
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