Admission to Trading on AIM

China Nonferrous Gold

31/07/2013 08:00

Admission to Trading on AIM

      Kryso Resources

      31 July 2013

      Kryso Resources Corporation Limited

      (??Kryso? or the ??Company?)

      AIM: KYS

      ADMISSION TO TRADING ON AIM

      Kryso Resources Corporation Limited (AIM: KYS), the mineral exploration       and development company currently developing the Pakrut gold project in       the Republic of Tajikistan, is pleased to announce that, following the       scheme of arrangement between Kryso Resources plc and its shareholders,       its entire issued share capital has today been admitted to trading on       the AIM market of the London Stock Exchange (??Admission?).

      Project Summary

      The Pakrut gold project, of which Kryso has 100 per cent ownership, is       situated in Tajikistan approximately 12km northeast of the capital city       Dushanbe. Pakrut has estimated total JORC compliant resources of       4,720,000 oz Au (assuming a cut-off grade of 0.5 g/t Au) and is located       within the Tien Shan gold belt, which extends from Uzbekistan into       Tajikistan, Kyrgyzstan and Western China, and which hosts a number of       multi-million ounce gold deposits.

      Kryso is currently in a construction phase with mining contractors on       site developing the underground mine and surface infrastructure. Kryso       is also building a number of new bridges up to site and finalising the       power supply contract. Tenders have been completed for the large items       of plant equipment and contracts are now being finalised with successful       tenderers. Infrastructure construction began in October 2011 and       construction of the mine commenced in September 2012. At the same time       exploration is continuing with five drill rigs currently operating in       the Pakrut Licensed Area drilling at Eastern Pakrut, Rufigar and       Sulfidnoye.

      Investec Bank plc is acting as Nominated Adviser and Broker to the       Company in relation to the Admission.

      For further information please visit the Company??s website (www.kryso.com)       or contact:

      Kryso Resources Corporation Limited

      Craig Brown, Managing Director

      Tel: +44 (0) 20 7349 9160

      Investec Bank Plc

      Jeremy Ellis, Chris Sim, George Price

      Tel: +44 (0)20 7597 5970

      XCAP Securities Plc

      Jon Belliss, Guy Peters

      Tel: +44 (0) 207 101 7070

      Blythe Weigh Communications

      Paul Weigh, Tim Blythe, Halimah Hussain

      Tel: +44 (0)20 7138 3204

      About Tajikistan

      Tajikistan is a secular republic located in Central Asia. The country is       a member of the Commonwealth of Independent States and the Shanghai       Cooperation Organisation. Tajikistan hosts numerous operating precious       metal mines as well as the largest aluminium smelter in Central Asia.       Kryso's management team has extensive experience in the mining industry       in Tajikistan.