Orsu Metals Extension of exclusive right for joint exploration of East Balkhash 2
03 Juillet 2014 - 6:23PM
UK Regulatory
TIDMOSU
Extension of exclusive right for joint exploration of East Balkhash 2
FOR: ORSU METALS CORPORATION
AIM, TSX SYMBOL: OSU
July 3, 2014
Orsu Metals Corporation: Extension of Exclusive Agreement to Continue Joint Exploration of the East Balkhash 2 Licence
Area in Kazakhstan
LONDON, UNITED KINGDOM--(Marketwired - July 3, 2014) -
East Balkhash 2
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 extended the exclusivity agreement
(the "Agreement") with Asem Tas-N LLC ("Asem Tas") to continue joint exploration of the Balkhash Project previously
announced on March 11, 2014. The extension, which has been agreed to take account of weather related delays in
conducting further project assessment activities, increases the exclusivity period under the Agreement from 120 days
to 175 days, expiring in September 2014.
The other key terms of the Agreement remain as set out in the Company's announcement dated March 11 2014.
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 in this press release includes, but may not be limited to, the expected exploration
activities by the Company related to, and the general development of, the Balkhash Project, and the anticipated
funding of exploration and other costs by Orsu.
Factors that could cause actual results to differ materially from those described in such forward-looking information
include, but are not limited to, uncertainties in the interpretation of drill and test results, risks normally
incidental to exploration and development of mineral properties, the possibility that future exploration, development
and/or mining results will not be consistent with expectations, the Company's inability to raise additional finance as
and when needed, the Company's inability to obtain, maintain, renew and/or extend required licences, permits,
authorizations and/or approvals from the appropriate regulatory authorities (including an inability to obtain the
waiver of the Kazakh Government's pre-emptive right in connection with the Licence transfer application) and other
risks relating to the regulatory framework in Kazakhstan and adverse changes in the political environment and laws in
Kazakhstan.
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; the Company's ability to raise
required additional financing; the ability to obtain, maintain, renew and/or extend required permits, licences,
authorizations and/or approvals from the appropriate regulatory authorities (including in connection with the Licence
transfer application); and the ability to continue to obtain qualified staff and equipment in a timely and cost-
efficient manner to meet demands. The Company has also assumed that no significant events occur outside of the
Company's normal course of business. 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
Orsu Metals Corporation
Orsu Metals (LSE:OSU)
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