/Corrected/ From May 24 the shares of OJSC "Jairemskii GOK" (Kazakhstan) are on non-listed floor of KASE

24.05.00 00:00
/IRBIS, May 23, 00, retransmitted due to an error in NIN of the shares/ - Based on the application of the trade member of Kazakhstan stock exchange (KASE) from May 24 of current year preferred inscribed shares of OJSC "Jairemskii gorno-obogatitelnyi kombnat" (OJSC "Jairemskii GOK, Jairem community, Karagandy region, trade code - JGOKp) will be admitted to the trades in "Non-listed securities" sector under the second admittance level. The shares of the third issue (KZ1P13591015) are admitted into the trades. Announced and paid authorized capital of OJSC "Jairemskii GOK" (successor of JSC "Sary-Arkapolimetall") is 7,534,298.00 U.S. dollars. Total of 3,767,149 inscribed shares were issued, of which 9,689 - preferred. Face value of a share is 2.00 U.S. dollars. Primary activities of the company: geological survey, development of the deposit site, extraction, processing and sale of ore and non-metallic minerals. First two issues of the shares were cancelled because of the changes made in the amount and structure of the third issue, which is registered on June 24, 1999. The first and second issue shares of OJSC "Jairemskii GOK" were in trade lists of the Exchange ("Non-listed securities" sector, second admittance level, SAPM, SAPMp) from July 23, 1998 through October 5, 1999. Since the admittance of the shares to the trades at KASE on May 4, 1999 a single deal was made in preferred shares.