Settlement of Arbitration (Oxus Gold)

Date : 05/16/2008 @ 7:37AM
Source : UK Regulatory (RNS and others)
Stock : Oxus Gold Plc (OXS)
Quote : 8.5  0.5 (6.25%) @ 11:35AM
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Settlement of Arbitration (Oxus Gold)

    RNS Number : 6619U
  Oxus Gold PLC
  16 May 2008
   
    OXUS GOLD PLC

    Settlement of Arbitration


    LONDON: 16 May 2008 - Oxus Gold plc ("Oxus" or the "Company") (OXS.L) announces that,
further to its announcement of 6 May 2008, the
Company has now received the agreed cash settlement and accordingly the claim in arbitration
against the Kyrgyz Republic under the UK -
Kyrgyz Republic Bilateral Investment Treaty has been withdrawn.



    OXUS GOLD PLC                                       Tel: +44 (0) 207 907 2000
    Jonathan Kipps - Finance Director
    Richard Wilkins - Chief Executive Officer

    CANACCORD ADAMS LIMITED             Tel: +44 (0) 207 050 6500
    Mike Jones

    BANKSIDE CONSULTANTS                    Tel: +44 (0) 207 367 8888
    Keith Irons
    Oliver Winters

This information is provided by RNS
The company news service from the London Stock Exchange
 
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