Tethyan Resources Regulatory News (TETH)

12 July, 2017

Tethyan Resources plc

Update on TSX-V Secondary Listing

Further to the announcement of 19 May 2017 relating to its application for a secondary listing on the TSX Venture Exchange ("TSXV"), Tethyan Resources plc ("Tethyan" or the "Company") is pleased to announce that it has filed and received a receipt for a preliminary non-offering prospectus dated July 5, 2017 ("Preliminary Prospectus") with the British Columbia Securities Commission ("BCSC").

The Preliminary Prospectus contains important information relating to the Company and its currently issued securities and is subject to amendment as may be required by the BCSC. Copies of the Preliminary Prospectus are available on SEDAR at www.sedar.com under the Company's SEDAR profile.

The Company has also filed its initial listing application with the TSX-V and has reserved the trading symbol "TETH" for its ordinary shares. The listing is subject to the review and acceptance of the final prospectus by the BCSC and the Company meeting the initial listing requirements of the TSX-V. A further announcement will be made as appropriate in due course.

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About Tethyan

Tethyan is incorporated in England & Wales (company registration number 3781581) and is a gold and copper mineral exploration company. Tethyan Resources listed on AIM (TETH.L) in 2004.

Exploration is conducted in the Tethyan Belt of Eastern Europe, in particular Serbia where we are acquiring a portfolio of quality precious and base metals projects with known mineralisation and compelling drill targets.

Sustainability is paramount to all Tethyan's activities. The long-term success of Tethyan Resources is connected to our ability to operate in a socially and environmentally responsible way. We are committed to proactively implement sustainable health, safety and environmental management, as well as engage with local communities and all stakeholders. Tethyan Resources' business philosophy is to adhere to good international best practice (GIIP) and implement the highest standards of corporate governance.

More information can be found on our website: www.tethyan-resources.com. This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Disclaimer

This announcement does not comprise a prospectus or other form of offering document relating to Tethyan Resources plc ("the Company"), and does not constitute an offer or invitation to purchase or subscribe for any securities of the Company or any other company and should not be relied on in connection with a decision to purchase or subscribe for any such securities.

The announcement does not constitute a recommendation regarding any decision to sell or purchase securities of the Company or any other company. Your attention is drawn to the risk factors set out below.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This announcement may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, and other related matters. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. The Company's current projects in Serbia are at an early stage and all estimates and projections are based on limited and possibly incomplete data. More work is required before geological and economic aspects can be confidently modelled. Actual results may differ materially from those currently anticipated in this announcement. No representation or prediction is intended as to the results of future work, nor can there be any guarantee that estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be economic.