KERAS RESOURCES PLC

Capital/Financing Update • May 27, 2016

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RNS Number : 5052Z

Keras Resources PLC

27 May 2016

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

27 May 2016

Keras Resources plc ('Keras' or 'the Company')

First Payment Received

Keras Resources Ltd, the Australian gold mining company, is pleased to announce that it has received the first payment for the gold ore processed at the Paddington Mill owned by Norton Gold Fields Ltd ('Norton') subsidiary Paddington Gold Pty Ltd ('PGPL').  The payment is for ore mined at the Anomaly 22 deposit which is located in the Grants Patch Gold Tribute lease area ('Grants Patch') and lies 30km north of Kalgoorlie in Western Australian goldfields.

**ENDS**

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

Dave Reeves	Keras Resources plc	dave@kerasplc.com
Nominated Adviser
Gerry Beaney/David Hignell	Northland Capital Partners Limited	+44 (0) 20 3861 6625
Broker
Elliot Hance/ Jonathon Belliss	Beaufort Securities Limited	+44(0)20 7382 8415
Financial PR
Elisabeth Cowell/ Frank Buhagiar	St Brides Partners Limited	+44 (0) 20 7236 1177

This information is provided by RNS

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