Kazax Provides Update on Lomonosovskoye Project
15 Janeiro 2014 - 4:43PM
Marketwired
Kazax Provides Update on Lomonosovskoye Project
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 15, 2014) -
Kazax Minerals Inc. ("Kazax" or the "Company") (TSX-VENTURE:KZX)
announces it is in discussions with Safin Element GmbH ("Safin") to
reschedule the various cash payments remaining in connection with
the terms of the acquisition of a 74.99% interest in the
Lomonosovskoye Limited Liability Partnership from Safin (the
"Acquisition"). Under the current terms of the Acquisition, the
Company is due to make a payment to Safin of US$10,410,408 on
January 15, 2014.
The Company will provide a further news release on the
discussions with Safin in due course.
ON BEHALF OF THE BOARD
Trevor Campbell Smith, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Kazax Minerals Inc.+7 7172 99 05
49info@kazaxmineralsinc.comwww.kazaxmineralsinc.com
KazaX Minerals Inc. (TSXV:KZX)
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