TIDMKRS

RNS Number : 4039U

Keras Resources PLC

22 November 2019

Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

22 November 2019

Keras Resources plc

('Keras' or the 'Company')

Record Date Clarification

Keras Resources plc confirms that the Record Date for the Keras Demerger is 19 November 2019. Shareholders on the share register at 6pm on the Record Date are entitled to receive 1 Calidus Resources Ltd ("Calidus") Share for every 3.451963 Keras Ordinary Shares ("Eligible Shareholders").

The Company is forwarding the Keras share register on the Record Date to the Automic Group to allow the distribution of the 723,750,000 Calidus shares to Eligible Shareholders when the ASX opens next, on Monday 25 November 2019.

Eligible Shareholders who hold their Keras shares through a Nominee company ("Nominee"), ie a broking account where your shares are not directly registered in your name should contact their Nominee to discuss the distribution of their CAI shares.

**ENDS**

For further information please visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:

 
 Russell Lamming              Keras Resources plc    info@kerasplc.com 
 Nominated Adviser & 
  Broker 
  Ewan Leggat / Charlie       SP Angel Corporate     +44 (0) 20 3470 
  Bouverat                     Finance LLP            0470 
 Financial PR 
  Isabel de Salis / Cosima    St Brides Partners     +44 (0) 20 7236 
  Akerman                      Ltd                    1177

Notes

Keras Resources plc is focused on building a strategic portfolio of resource assets, providing investors with exposure to a portfolio of development assets including manganese, cobalt and nickel in Togo, West Africa. It is also in the process of transferring its holding of shares in Calidus Resources Limited to its shareholders by way of a capital reduction. The Company benefits from a skilled management team, which has extensive experience in the resource sector and proven success in advancing assets up the value curve.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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November 22, 2019 07:34 ET (12:34 GMT)

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