ASX CODE: TYX
DIRECTORS
Joseph S. PintoNon-Executive Chairman
Bruno Seneque Managing Director Nick Revell Technical Director Frank LeskoNon-Executive Director
Yugi Gouw CFO/Company SecretarySHARE REGISTRY
Advanced Share Registry Limited
110 Stirling Highway
Nedlands WA 6009
T: +61 8 9389 8033
F: +61 8 9389 7871 REGISTERED OFFICE
Level 2 679 Murray Street
West Perth WA 6005 P: +61 8 9485 1040
F: +61 8 9485 1050
26 October 2016 Allotment of 9 million Shares in Kairos Minerals LtdThe directors of Tyranna Resources Limited (ASX:TYX) are pleased to announce the allotment of 9 million ordinary shares by Kairos Minerals Limited (Kairos).
The shares were issued by Kairos as part consideration of TYX vending its 90% interest of the Lynas Find assets (renamed The Mount York Gold-Lithium Project) pursuant to the Term Sheet announced to ASX by both Companies on 28th January 2016. This 9 million shares in Kairos was issued as a result of the conversion of the Mount York Gold Lithium exploration tenement applications to granted exploration licenses.
Tyranna now has a total of 28,335,000 shares in Kairos amounting to 7.28% of the issued capital of Kairos Minerals Ltd. The holding is valued at over $1.1 million at the current share price.
Tyranna notes that Kairos Minerals Ltd is currently drilling key gold and lithium targets at the Mt York Project, located in the Pilbara region of Western Australia as announced (by Kairos) on 29 September 2016.
Bruno Seneque, Managing Director P: +61 8 9485 1040Level 2, 679 Murray Street, WEST PERTH WA 6005 | PO Box 1124, WEST PERTH WA 6872
T +61 (08) 9485 1040 | F +61 (08) 9485 1050 | E info@tyrannaresources.com | W tyrannaresources.com
ASX TYX | ABN 79 124 990 405
Tyranna Resources Limited published this content on 26 October 2016 and is solely responsible for the information contained herein.
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