The directors board of "Shubarkol-komir" JCS (Kazakhstan) decided to increase the financing limit on the line of credit of "Eurasian Bank" for KZT 300 million

/IRBIS, April 29, 2011/ -"Shubarkol-komir" JCS (Karaganda), the stock of which is included into KASE official list, provided KASE with the copy of the minutes of the annual meeting of the directors board on March 15, 2011 According to the document, the Board of Directors has made the following decisions: - to increase the financing limit on the line of credit by 300,000,000.0 to 1,000,000,000.0 KZT according to the agreement on providing the line of credit between the Company and "Eurasian Bank" JCS up to April 13, 2013 to the goals of turnout replenishment; - to give the "Eurasian bank" JCS the right to money withdrawal without accept from all the company accounts in case of non- fulfillment or/and improper fulfillment of the company's liabilities to the bank; - to give the bank a right of mandatory extrajudicial sale of the mortgage belongings, adopted in the framework of the agreement; - to give the right of signing the documents dedicated to the change of terms to T.A. Akbayev or S.P. Kim. [2011-04-29]