TETH Tethyan Res

TIDMTETH

RNS Number : 4424O

Tethyan Resources PLC

18 August 2017

18 August 2017

Tethyan Resources plc

Update on TSX-V Secondary Listing

Further to the announcement of 12 July 2017 relating to its application for a secondary listing on the TSX Venture Exchange (the "TSX-V"), Tethyan Resources plc ("Tethyan" or the "Company") is pleased to announce that it has obtained a receipt on 17 August 2017 in connection with the filing of a non-offering final prospectus in the province of British Columbia. As a result, the Company is now a reporting issuer in the province of British Columbia. A copy of the prospectus is now available on the Company's website at www.tethyan-resources.com. In addition, the TSX-V has conditionally approved on 16 August 2017 the Company's application to list its ordinary shares on the TSX-V. Final approval of listing on the TSX-V is subject to the Company satisfying certain customary conditions required by the TSX-V. The Company is working to satisfy these conditions and will provide an update once the official TSX-V listing date has been determined.

Tethyan CEO Peter Mullens commented: "we are delighted to see this progress with getting dual listed on the TSX-V. It is a key step in our strategy to have better access to capital markets and broaden our shareholder base".

For further information please contact:

 
 Tethyan Resources PLC             +44 1534 881 885 
 Peter Mullens (CEO)               pjm@tethyan-resources.com 
 
 Cairn Financial Advisers LLP 
  Nominated Adviser                +44 (0) 207 213 0880 
 James Caithie / Sandy Jamieson 
 SP Angel Corporate Finance 
  LLP 
  Broker 
  Ewan Leggat                      +44 (0) 20 3470 0470 
 

About Tethyan

Tethyan is incorporated in England & Wales (company registration number 3781581) and is a gold and copper mineral exploration company. Tethyan listed on AIM (TETH.L) in 2004.

Exploration is conducted in the Tethyan Belt of Eastern Europe, in particular Serbia where we are acquiring a portfolio of quality precious and base metals projects with known mineralisation and compelling drill targets.

Sustainability is paramount to all Tethyan's activities. The long-term success of Tethyan is connected to our ability to operate in a socially and environmentally responsible way. We are committed to proactively implement sustainable health, safety and environmental management, as well as engage with local communities and all stakeholders. Tethyan's business philosophy is to adhere to good international best practice (GIIP) and implement the highest standards of corporate governance.

More information can be found on our website: www.tethyan-resources.com.

Disclaimer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This announcement does not comprise a prospectus or other form of offering document relating to Tethyan Resources plc, and does not constitute an offer or invitation to purchase or subscribe for any securities of the Company or any other company and should not be relied on in connection with a decision to purchase or subscribe for any such securities.

The announcement does not constitute a recommendation regarding any decision to sell or purchase securities of the Company or any other company. Your attention is drawn to the risk factors set out below.

This announcement may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, listing on the TSX-V and other related matters. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. The Company's current projects in Serbia are at an early stage and all estimates and projections are based on limited and possibly incomplete data. More work is required before geological and economic aspects can be confidently modelled. Actual results may differ materially from those currently anticipated in this announcement. No representation or prediction is intended as to the results of future work, nor can there be any guarantee that estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be economic.

This information is provided by RNS

The company news service from the London Stock Exchange

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August 18, 2017 09:30 ET (13:30 GMT)

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