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Notices

2010-09-02 08:13:26

Kryso due diligence concluded

Pursuant to the conditional subscription agreement whereby 29.9% of the total issued capital of Kryso was placed with CNMIM at 15p per share plus warrants CNMIM have concluded their legal, financial and technical due diligence.If shareholders approve the placing the next stage will be for CNMIM to fulfil their commitment to procure debt financing for not less than 70% for Kryso's Pakrut gold project