Marganec Zhairema signs addenda to contracts on the transfer of subsoil use rights to Ushkatyn-III and Zhomart deposits in Karaganda region

12.06.19, 14:20
/KASE, June 12, 2019/ - Marganec Zhairema (Karaganda reg.), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has notified KASE of changes in the following contracts: quote 1) Addendum No. 13 (registration No. 5554-TPI dated June 10, 2019) to Contract No. 71 dated November 29, 1996 for the production of manganese ore, iron ore, ferro-manganese ore and barium-lead ore of Ushkatyn-III deposit in Zhana-Arka District of Karaganda Region of the Republic of Kazakhstan. The subsoil use right was transferred to Marganec Zhairema JSC in accordance with the above Contract; 2) Addendum No. 9 (registration No. 5553- TPI dated June 10, 2019) to Contract No. 683 dated June 7, 2001 for exploration and production of manganese ores on Zhomart deposit in Zhana-Arka District of Karaganda Region of the Republic of Kazakhstan. The subsoil use right was transferred to Marganec Zhairema JSC in accordance with the above Contract. unquote More details are available on KASE website (in Russian) – http://kase.kz/files/emitters/MNZH/mnzh_contracts_minerals_100619_22.pdf [2019-06-12]