OSU Orsu Metals

 
TIDMOSU 
 
New Exclusivity Agreement for Potential Sale of Akdjol-Tokhtazan 
FOR:  ORSU METALS CORPORATION 
 
AIM, TSX SYMBOL:  OSU 
 
April 1, 2014 
 
Orsu Metals Corporation: New Exclusivity Agreement for Potential Sale of Akdjol-Tokhtazan 
 
LONDON, UNITED KINGDOM--(Marketwired - April 1, 2014) - Orsu Metals Corporation ("Orsu" or the "Company"), the dual 
listed (TSX:OSU)(AIM:OSU) London-based base and precious metals exploration and development company, today announces 
that it has entered into a new conditional exclusivity agreement ("New Exclusivity Agreement") with David-Invest LLP 
("David-Invest"), a Kyrgyz registered company, and a related company, David Way Limited ("David Way") a Hong Kong 
registered company (together the "Potential Buyers") with a view to the potential sale of its Akdjol-Tokhtazan gold 
exploration licences in Kyrgyzstan ("Licences") through either the sale of its wholly owned subsidiary, Tournon 
Finance Limited ("Tournon"), or Tournon's wholly owned subsidiary, Oriel In Kyrgyzstan LLC ("OIK"), respectively the 
indirect and direct holders of the Licences. The Company's interest in the Licences was classified as held for sale in 
2011 following the Board's decision to actively market the asset and focus on developing its Karchiga Project, the 
Company's principal copper asset in north-eastern Kazakhstan. 
 
The key terms of the New Exclusivity Agreement are as follows: 
 
 
=-  in return for a non-refundable deposit of $300,000, which has been paid, 
    the Potential Buyers have been granted an exclusive right to purchase 
    Tournon or OIK until July 1, 2014 (the "Exclusivity Period"); 
 
=-  David-Invest will fund the exploration programme for the Licences (which 
    are due to expire on December 31, 2015) on a non-refundable basis for 
    the Exclusivity Period; and 
 
=-  the Potential Buyers have the option to purchase the entire share 
    capital of Tournon or OIK at any time on or before the expiry of the 
    Exclusivity Period for a consideration of US$4.5 million (including the 
    deposit), which total amount is unchanged from the previous exclusivity 
    agreements. 
 
 
Other than as described above, there have been no significant changes to the terms of the previous exclusivity 
agreements signed in 2012 and 2013. 
 
The carrying value of the Licences as at December 31, 2013 was US$4.48 million and the net gain attributable to the 
Licences for the year ended December 31, 2013 was US$53,000. 
 
The Company will apply any proceeds from a sale to working capital and identification of other early stage exploration 
opportunities consistent with the Company's strategy. 
 
FORWARD-LOOKING INFORMATION 
 
This press release contains forward-looking information which is not comprised of historical facts. Forward-looking 
information involves risks, uncertainties and other factors that could cause actual events, results, performance and 
opportunities to differ materially from those expressed or implied by such forward-looking information. Forward- 
looking information contained or referred to in this press release includes, but may not be limited to, the potential 
sale of the Licences and the timing and terms thereof, as well as the Company's expectations relating to the use of 
any proceeds received from such sale. 
 
Factors that could cause actual results to differ materially from those described in such forward-looking information 
include, but are not limited to, the inability to maintain the Licences and any required permits, authorizations 
and/or approvals from the appropriate regulatory authorities, and other risks relating to the regulatory framework in 
Kyrgyzstan, adverse changes in the laws or political environment in Kyrgyzstan, adverse changes in commodities prices, 
as well as certain other risks set out in the Company's public documents, including its annual information form dated 
March 24, 2014, filed under the Company's profile on SEDAR at www.sedar.com. 
 
The forward-looking information in this press release reflects the current expectations, assumptions and/or beliefs of 
the Company based on information currently available to the Company. In connection with the forward-looking 
information contained in this press release, the Company has made assumptions about: the Company's business, the 
economy and the mineral resources development and extraction industry in general; and the Company's ability to 
maintain the Licences. Although the Company believes that the assumptions inherent in the forward-looking information 
are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance 
should not be put on such information due to the inherent uncertainty therein. Any forward-looking information speaks 
only as of the date on which it is made and, except as may be required by applicable securities laws, the Company 
disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, 
future events or results or otherwise. 
 
 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Orsu Metals Corporation 
Kevin Denham 
Chief Financial Officer and Company Secretary 
+44 (0) 20 7518 3999 
www.orsumetals.com 
 
OR 
 
Canaccord Genuity Limited 
Neil Elliot 
+44 (0) 20 7523 8000 
 
OR 
 
Vanguard Shareholder Solutions 
+1 604 608 0824 
 
INDUSTRY:  Manufacturing and Production-Mining and Metals 
SUBJECT:   MEX 
 
 
Orsu Metals Corporation 
 

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