18 August 2014
('Nyota' or 'the Company')
KEFI MINERALS PLC: INDEPENDENTLY VERIFIED JORC-COMPLIANT MINERAL RESOURCE FOR THE TULU KAPI GOLD PROJECT IN ETHIOPIA
Nyota Minerals Limited (ASX/AIM: NYO), the gold exploration company in East Africa, notes the announcement made by KEFI Minerals Plc ('KEFI') regarding an independently verified JORC (2012) compliant Mineral Resource estimate for the Tulu Kapi Gold Project ('the Project') in Ethiopia.
Shareholders are directed to the KEFI website for the full announcement: www.kefi-minerals.com.
Nyota is a 25% shareholder in KEFI Minerals (Ethiopia) Limited ('KME'), which owns 100% of the
Project and is also a shareholder in KEFI, with a 10.3% interest (102,481,158 ordinary shares).
Nyota has entered in to a conditional agreement with KEFI for the sale of its shareholding in KME and the subsequent distribution of its KEFI shares to eligible Nyota shareholders by way of a capital reduction by Nyota (together 'the Transaction'). The principal outstanding conditionality of the Transaction is the approval of Nyota Shareholders at a General Meeting called for Wednesday 3
September 2014. The Notice of Meeting has been dispatched to Nyota Shareholders and is available
on the company's website: www.nyotaminerals.comor click on the following web link:
http://www.nyotaminerals.com/content/uploads/2014/07/NYO-NOM-and-Prospectus-30.07.14.pdf
For further information please visit www.nyotaminerals.comor contact:
Richard Chase Nyota Minerals Limited
Chief Executive Officer
+61 (0) 8 9324 2955 info@nyotaminerals.com
Alex Brearley/Harrison Clark | Nominated Adviser and Joint Broker Daniel Stewart & Company plc | +44 (0) 20 7776 6550 |
Susie Geliher/ Elisabeth Cowell | Financial PR St Brides Media & Finance Ltd | +44 (0) 20 7236 1177 |
Guy Wilkes | Joint Broker Pareto Securities | +44 (0) 20 7786 4370 |
distributed by |