TIDMKRS

Keras Resources PLC

18 March 2016

`Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

18 March 2016

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

New Corporate Presentation

Keras Resources plc, the Australian gold development company, is pleased to announce that a new corporate presentation is now available to view on the Company's website: www.kerasplc.com.

**ENDS**

For further information visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:

 
Dave Reeves                        Keras Resources plc                  dave@kerasplc.com 
Nominated Adviser 
Gerry Beaney/David Hignell         Northland Capital Partners Limited   +44 (0) 20 7382 1100 
Broker 
Elliot Hance/ Jonathon Belliss     Beaufort Securities Limited          +44(0)20 7382 8415 
Financial PR 
Elisabeth Cowell/ Frank Buhagiar   St Brides Partners Limited           +44 (0) 20 7236 1177 
 

Notes

Keras Resources plc is an AIM quoted, resource development company. The Company is focussed on advancing lowest quartile, low capex deposits which benefit from proximal established infrastructure up the development curve and into production. Keras plans to commence production at its Australian Gold Project in Q2 2016 and then use this cash flow towards to expand gold production further.

At Nayega, Keras has concluded a Bankable Feasibility Study and awaits award of the mining permit. The Bankable Feasibility Study indicates that Nayega could produce 250,000 tonnes per year of manganese concentrate at 38%. The Company will investigate bringing the mine into production on grant of the mining permit to generate further cash flows for the Company.

The Company also holds iron ore and manganese projects in Gabon and South Africa and is actively assessing ways to realise value from these assets.

Keras has 1,193,794,390 shares in issue. The Directors have subscribed for and purchased approximately 25.0% of the issued share capital of the Company and are therefore aligned with shareholders' interests.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAUBUNRNAAOAAR

(END) Dow Jones Newswires

March 18, 2016 03:00 ET (07:00 GMT)

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