/KASE, September 12, 07/ - Company KAZAKHMYS PLC (London),
common shares of which are traded in Kazakhstan stock exchange's
(KASE) category "A" official list had provided KASE with the press-release in
which the following is informed:
quotation begin
Kazakhmys PLC (further - Kazakhmys) (symbol on London Stock Exchange
- "KAZ") announced today that company Kazakhmys Gold Inc., 100%-ge
daughter company of Kazakhmys, indirectly belong to it, purchased the
common shares (further shares of Eurasia) of Eurasia Gold Inc. (further -
Eurasia), which did not belong to it yet by using of its right in accordance
with clause about forced purchasing according to the Law about business-
corporations (British Columbia). The forced purchasing follows after
suggestion dated May 15, 2007 with further changes and additions, about
purchasing of all shares of Eurasia at the price 0.85 US dollars in cash per
one share of Eurasia, which was accepted by shareholders owing with
96.34% shares of Eurasia, being in circulation.
As the result of successful forced purchasing, Eurasia now on 100%
indirectly belongs to Kazakhmys. So shares of Eurasia will be taken away
from quotation on Toronto Stock Exchange, which will happen today in the
end of working day, and Eurasia will submit the application about
cancellation of its status of the issuer, which has to provide financial and
other reports, in accordance with laws of Canada about securities
It is expected that payment for certificates of shares of Eurasia, deposited till
today's date, will be sent to shareholders, who made the depositing by post
this week.
For additional information please contact to next persons:
John Smelt, Corporate information manager
Tel.:+44 20 7901 78882
Sergey Stefantsov, Investor relations manager of Kazakhmys PLC
Tel.:+44 20 7901 7800
Robin Walker Finsburry
Tel:+44 20 7251 3801
Quotation end
Full version of press-release of KAZAKHMYS PLC is available at
http://www.kase.kz/emitters/scan/kzms/gbkzms_reliz_100907.pdf
[2007-09-12]