Keras Resources PLC Corporate Presentation
18 March 2016 - 6:00PM
RNS Non-Regulatory
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
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