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Orsu Metals Corporation Update on Conditional Sale of Karchiga Project

Publié le 05 mai 2016

Microsoft Word - 2016_05 OSU - Update on conditional sale of Karchiga

Orsu Metals Corporation Berkeley Square House Berkeley Square

London

W1J 6BD [email protected]

United Kingdom www.orsumetals.com

Orsu Metals Corporation

("Orsu" or the "Company")

Update on Conditional Sale of Karchiga Project

AIM: OSU TSX: OSU

PRESS RELEASE

May 5, 2016

Further to the announcement dated April 11, 2016, Orsu Metals Corporation, the London-based dual listed company (TSX: OSU; AIM: OSU) today announces that it has received the deposit of $100,000 due from Karasat Trading FZE under the Sale and Purchase Agreement for the conditional sale of the Karchiga Project.

ENDS

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For further information, please contact:

Kevin Denham, Chief Financial Officer, Orsu Metals Corporation Tel: +44 (0) 20 7518 3999

Henry Fitzgerald O'Connor, Martin Davison, Canaccord Genuity Limited Tel: +44 (0) 20 7523 8000

www.orsumetals.com

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