Orsu Metals London-based base and precious metals exploration and development company today announces that it has entered into an exclusivity agreement with David-Invest, a Kyrgyz registered company,, with a view to the potential sale of its wholly owned subsidiary Tournon Finance Limited ("Tournon"), which indirectly owns the Akdjol-Tokhtazan gold [...]
Orsu Metals London-based base and precious metals exploration and development company, is pleased to announce that it has received from the relevant Kazakh authorities an approval for the Karchiga technical project relating to the development of a mining and processing complex at the Company's Karchiga Project in Kazakhstan.
Orsu Metals London-based precious and base metals exploration and development company today reports its unaudited results for the period ended June 30, 2012. A full Management's Discussion and Analysis of the results for the period ended June 30 and Consolidated Financial Statements will soon be available on the Company's profile on SEDAR or on the [...]
Orsu announces that Canaccord Genuity Limited has been appointed as the Company's Nominated Advisor and Broker with immediate effect. This follows the completion of the acquisition of Collins Stewart Hawkpoint plc by Canaccord Financial Inc and change of name of Collins Stewart Europe Limited to Canaccord Genuity Limited.
Orsu today announces that it has appointed Barclays Bank and UniCredit Bank Austria as Co-ordinating Mandated Lead Arrangers to use commercially reasonable efforts to arrange a project finance facility of up to US$90 million to finance the Company's Karchiga Project in Kazakhstan, subject to commercially acceptable terms for the facility being [...]
Orsu announces it has completed the sale of its 40% interest in the Talas gold-copper-molybdenum joint venture project in the Kyrgyz Republic to a wholly-owned subsidiary of Gold Fields for US$10 million, the agreement for which was announced on 17 July. In addition, another wholly-owned subsidiary of Gold Fields has advanced into escrow the gross [...]
Orsu Metals is pleased to announce that it has entered into an agreement whereby a wholly-owned subsidiary of Gold Fields will purchase the remaining 40% interest in the Talas gold-copper-molybdenum joint venture project in the Kyrgyz Republic for US$10 million. The Gold Fields group currently owns a 60% interest in the Talas Project and is the [...]
The directors of Orsu Metals Corporation, the London-based precious and base metals exploration and development company, are pleased to announce that shareholders approved all resolutions at the annual meeting of shareholders held at 11 a.m. (London time) on 21 June, 2012.
The following amendment has been made to the announcement released on 19 June 2012 at 17:10 on RNS. The announcement incorrectly referenced the signature of a mandate letter with Barclays Bank plc. The Company continues discussions with Barclays and other providers of project finance and will make an appropriate announcement if and when any mandate [...]
Orsu has executed an extension to an agreement with its financial advisors Endeavour Financial in relation to the procurement of project finance or other debt or strategic investment in relation to the Company's Karchiga copper project in Kazakhstan. The original Financial Advisory Services Agreement is dated 1 September 2011 and was assigned to [...]
Orsu today announces the posting to holders of common shares of the Company the notice of its annual general meeting, a form of proxy and an accompanying management information circular of the Company dated 17 May 2012. The Information Circular contains a description of the matters that Shareholders will be asked to vote upon at the forthcoming [...]
Orsu is pleased to provide an update on its exploration programme at the Talas joint venture project in the Kyrgyz Republic. The Company, together with its joint venture partner Gold Fields, has recommenced field exploration work at its Talas Project. Gold Fields, through its subsidiary Gold Fields Orogen Holdings BVI Limited, has a 60% interest in [...]
