Kazax Provides Update on Lomonosovskoye Project
15 Januar 2014 - 6:43PM
Marketwired Canada
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Kazax Minerals Inc.
+7 7172 99 05 49
info@kazaxmineralsinc.com
www.kazaxmineralsinc.com
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