REG - Keras Resources PLC - Holding(s) in Company

Keras ResourcesAnnouncement

15/03/2023 16:30

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RNS Number : 1176T  Keras Resources PLC  15 March 2023

Keras Resources plc ('Keras' or 'the Company')

 

Holdings in the Company

 

Keras announces that it was notified on 13 March 2023 by AxCap Ventures Inc
("Axcap") that Axcap have sold their entire holding of 5,610,000 ordinary
shares of 1 pence each in the Company and no longer hold a notifiable interest
in the Company's issued share capital.

 

Other than as previously announced by RNS, Keras has no further information
pursuant to Rule 17 Schedule Five of the AIM Rules for Companies in respect of
any dealings by AxCap Ventures Inc in the Ordinary Share capital of the
Company.

 

For further information please visit www.kerasplc.com
(http://www.kerasplc.com) , follow us on Twitter @kerasplc or contact the
following:

 

 Graham Stacey                            Keras Resources plc             annabel@kerasplc.com

 Annabel Redford

 Nominated Adviser & Joint Broker         SP Angel Corporate Finance LLP  +44 (0) 20 3470 0470

 Ewan Leggat / Charlie Bouverat

 Joint Broker                             Shard Capital Partners LLP      +44 (0) 207 186 9900

 Damon Heath / Erik Woolgar

 Financial and Corporate Communications   Celicourt                       +44 (0) 774 884 3871

 Felicity Winkles

 

Notes:

Keras Resources (AIM: KRS) wholly owns the Diamond Creek organic phosphate
mine in Utah, US. Diamond Creek is one of the highest-grade organic phosphate
deposits in the US and is a fully integrated mine to market operation with
in-house processing facilities. The operation produces a variety of organic
phosphate products that can be tailored to customer requirements for
fertiliser.

 

The Company is focused on continuing to build market share in the fast-growing
US organic fertiliser market and build Diamond Creek into the premier organic
phosphate producer in the US.

 

Additionally, Keras holds an 85% interest in the Nayéga manganese project in
Togo, which hosts an 8.4 million tonne manganese oxide Ore Reserve in northern
Togo, held through Togolese subsidiary Société Générale des Mines SA
(SGM).

 

 

 

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