Company Profile

The Oxus Group was established in 1996 and quoted on the Alternative Investment Market (AIM) in London in 2001.

Oxus Gold plc is a UK based international mining group with gold mining interests in Central Asia. Oxus is the joint owner (50/50) with the government of Uzbekistan of Amantaytau Goldfields (AGF) which is developing several mining operations in the Tien Shan gold belt near Zarafshan.

The first mine was constructed and commissioned by Oxus in January 2004 on time and within budget and commercial production began the following month. AGF has since produced more than 270,000 ounces of gold to the end of September 2005 and is now producing at the planned rate of 151,000 onces per annum.




Amantaytau - Jul 2004





Contact details

Oxus Gold plc - Head & Registered Office

Tel: +44 (0)20 7907 2000
Email: enquiries@oxusgold.co.uk

Web: www.oxusgold.co.uk


For Oxus Gold press releases, click HERE

yes looking good ! :)

LONDON (Thomson Financial) - Uzbek-focused Oxus Gold PLC said shareholder RAB Special Situations (Master) Fund Ltd granted Zeromax GmbH an option to buy up to 52.254 mln Oxus shares from RAB at 80 pence each, exercisable at any time until Dec 18 and extendable until Jan 31, 2008.

The option can be exercised in whole or in part, and if exercised fully, Zeromax's stake in Oxus Gold would increase to 109.254 mln shares, or 29.9 pct.

Uzbekistan-based private company Zeromax currently holds 57 mln shares, representing a 15.6 pct stake in Oxus Gold.

meanwhile sp has done nothing

give it a chance...........u cant buy shares at 7 in morning unless they give u price later on

thought markets were open already .... am currently +4 to UK ...... anyway, though only and option at 80p, guess it can't be bad, though that may be its absolute ceiling should sp ever get there in anyone's lifetime

i'm hoping to get it to about 70p so i can bail out....if it gets there, here's hoping

Why take up an option at 80p when you can buy at 40p? Are RAB ramping?

I don't think ramping halifax - both are long term holders who see the bigger picture and are confident of the way forward and the potential of this company. Also there is no way thay could fill that size buy in the market (even if they could, it would dramatically raise the price...) Strategic decision for mid to long term. Remember the SP was fairly static within the 50-60p range for a longish time and this arrangement may well have come about with this in mind.

morning ac positive news ! GPN looking cheep !

yes positive Smiler, although need zeromax to take up these options to bolster confidence..... you're right, GPN looks cheap too!

Some big buys 2day !!

Oxus Gold PLC
21 December 2007



OXUS GOLD PLC

Changes to the Board



LONDON: 21 December 2007 - Oxus Gold plc ('Oxus' or the 'Company') (OXS.L) is
pleased to announce changes to its board of directors.

With effect from 7 January 2008 Richard Wilkins will be appointed Chief
Executive Officer and Jonathan Kipps will be appointed Company Secretary in
addition to his current role as Finance Director. William Trew will be stepping
down as Chief Executive Officer and resigning as a director of Oxus in order to
pursue other business interests.

In addition, Miradil Djalalov, the managing director of Zeromax GmbH
('Zeromax'), the Company's strategic alliance partner in Uzbekistan, will join
the board as a non-executive director, and John Donald will join the board as an
executive director and will be appointed as Chief Operating Officer.

John Donald's principal responsibility will be to bring the phase 2 underground
sulphides project at Amantaytau Goldfields ('AGF') into production. Mr Donald, a
mining engineer, previously held the position of Chief Operating Officer and was
a director of the Company, prior to retiring in September 2004, during which
time he presided over the construction and initial operations at AGF's Phase 1
open pit oxides project. Mr Donald has over 30 years' experience in the mining
industry, including underground mining experience, with AngloGold, Randgold
Resources and Consolidated Mining Corporation.

Also with effect from 7 January 2008, the directors of the Company have
appointed Graham Hill, General Director of AGF, as an alternate director. Mr
Hill will be entitled to attend all the Company's board meetings and to vote in
respect of each of his appointers who is absent. He will continue to act as
General Director of AGF. Prior to joining AGF Mr Hill, a mechanical engineer,
worked for MAED Limited in Africa, Uzbekistan and Kyrgyzstan.

Douglas Sutherland remains as acting non-executive chairman, and Oliver Prior
and Gordon Wylie remain as non-executive directors of the Company.

Richard Wilkins, commented: 'Firstly I would like to thank Bill Trew for
everything that he has done for Oxus. Under his tenure as CEO the Company was
transformed from a junior exploration company to a gold producer, an important
milestone in the Company's development. His leadership and vision were greatly
appreciated and we all wish him well for the future.

'I am delighted to welcome Miradil Djalalov to the board. The strategic alliance
with Zeromax will continue to play an important role in Oxus's future and Mr
Djalalov's direct involvement with the Company will enhance this relationship.'

'Our main priority is to develop the underground project at AGF, which contains
the bulk of our reserves and resources, and is expected to increase AGF's
production to over 300,000 ounces a year. In this respect I am also delighted to
welcome John Donald back to the Company, whose relevant experience, both in
underground mining and in Uzbekistan, can only enhance our ability to deliver
this project into production efficiently and effectively. Finally Graham Hill's
appointment will further strengthen the technical expertise on our board and we
look forward to welcoming him as an alternate director.'

Further details relating to Mr. Djalalov, Mr. Donald and Mr. Hill are set out
below:


Mr. Miradil Sabitovich Djalalov, aged 42, is the Managing Director of Zeromax
GmbH (Switzerland) which is wholly-owned by Mr Djalalov and his wife. He was
previously CEO and owner of Zeromax LLC (USA). Mr. Djalalov is currently
indirectly interested in 57,000,000 ordinary shares in the Company through
Zeromax, representing 15.6 per cent. of the outstanding share capital. Mr.
Djalalov also holds an indirect option, through Zeromax, to acquire up to
52,254,353 additional ordinary shares in the Company at 80 pence per share from
RAB Special Situations (Master) Fund Limited.


Mr. John Clow Donald, aged 59, was a previous director of Consolidated Mining
Corporation, General Manager of Randgold Resources Ltd., director and the major
shareholder of Thistle Minerals Limited and director and COO of Oxus Gold plc.
Mr. Donald is currently a director and the major shareholder of Cally
Investments Ltd. Mr. Donald is also a member of Mine Managers Association of
South Africa and a member of the Institute of Mining and Metallurgy of South
Africa.


Mr. Graham David Hill, aged 49, is General Director of Amantayau Goldfields AO,
Oxus's 50% owned joint venture in Uzbekistan. Mr. Hill is currently interested
in 35,000 shares in the Company and holds 200,000 options, each exercisable for
one share in the capital of the Company at 54 pence per share.

There is no further information in regard to the appointment of Mr. Miradil
Sabitovich Djalalov, Mr. John Clow Donald and Mr. Graham David Hill required to
be disclosed pursuant to Schedule 2 paragraph (g) of the AIM rules for Companies.

get on board the gravy train.

is this reasonable news?

or just a boring change

Of Interest

http://www.timesonline.co.uk/tol/news/world/asia/article3080265.ece

Smiler most countries are run by dick heads after all look at Blair Brown and Prescott. Blair and Bush have killed more innocent people than any modern day leaders. the trouble is we think we are whiter than white. Thats my party political broadcast finished I like Oxus and GPN Merry xmas to you all.

Me too :) best of luck for 08 not forgetting FOGL !

i agree flasher.........theres little difference between corruption of UK (esp government) and that of east euro countries who have been abused for 50 years under russia. Most of these countries want to become democratic whereas UK seems to be going the other way towards Stalinism russia

anyway, OXS seems to be headi ng back 50p plus.

all that panic by cynic seems to be hot air as usual.

Mind you, if he sends messages to more than 200 companies, he's bound to get one right especially when he decides to post as it tumbles.

Yes i'm not keen on the way cynic slags off RAB certain members of that honest company give a LOT of there personal wealth to charity. Yes oxus is looking good for a rusty old car.

cynic slags off at least half of companies that i'm in.........he even tells you when to sell etc...........if he's that good, he's be a billionaire a long time ago.

Yip, can see oxus 50p at least and through time mind eben get my money back!
I got these other shares that they gave us though

the shares have gone from 25p to 45p in space of a couple of weeks ever since cynic suddenly turned up on this?
where is he now? back to gypsyland no doubt to his ancestry

are there any true brits left in this once great country.......its a shambles of a country these days