2 Nov 2009 07:00
Acquisition of Varvarinskoye is Completed
Saint-Petersburg, Russia, November 2, 2009 - JSC "Polymetal" (LSE, MICEX, RTS: PMTL) ("Polymetal" or the "Company") announces that the acquisition of a 100% interest in the Varvarinskoye Gold-Copper Mine in Kazakhstan ("Varvarinskoye") from Orsu Metals Corporation (the "Transaction") has been completed.
Summary details relating to Varvarinskoye and an overview of the Transaction can be found in the announcement made by the Company on June 15, 2009.
| Media Contact Evgeny Freidinov Director, Corporate Communications Tel. +7.812.334.3664 freid@polymetal.ru | Investor Relations Contact Pavel Danilin EVP, Strategic Development Tel. +7.812.313.5964 danilin@polymetal.ru |
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