Tajikistan-focused gold miner Kryso Resources says that the exclusivity period for talks with its potential Chinese investor has been extended from the 25 June to 28 June.
Kryso is not allowed to hold talks with anyone else or sell any assets while the exclusivity period still holds.
Natasa Mining owns 21.7% of Kryso and wants tow nominees appointed to the company’s board. However, it was too late in trying to get the nominations onto the agenda for the AGM on 30 June.
At 14.5p a share, Kryso is valued at £24.9m.
© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.