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

StockMarketWire.com
Oxus Gold has entered into a £3m Equity Financing Facility ("EFF") with Darwin Strategic, a majority owned subsidiary of Henderson Global Investors' Alphagen Volantis fund.

With the EFF, the company may make drawdowns up to an aggregate of £3m ("Maximum Commitment Amount") by way of Darwin subscribing for new ordinary shares of 1p each in the company during a period of 36 months beginning today. The EFF will be drawn down at the company's sole discretion and the proceeds will be used to fund its working capital requirements.

Richard Shead, Chairman of Oxus Gold commented: "We are very pleased that Darwin has agreed to provide an equity finance facility to the company. This funding arrangement provides Oxus Gold with a long-term flexible source of funding, which can be accessed at the company's discretion and will complement the litigation funding arrangements which we put in place with Calunius in March 2012."

Update on arbitration proceedings:
http://www.moneyam.com/action/news/showArticle?id=4446659

StockMarketWire.com
Oxus Gold posts pre-tax losses of $3.1m for the six months to the end of June compared with income of $25.0m a year ago.

Oxus says this includes arbitration costs of $1.5m and interest charges of $0.8m.

The company said the major portion of management's time during the past six months has been to continue the arbitration proceedings seeking compensation for the group in respect of the Amantaytau Goldfields and Khandiza mining assets.

The company said it filed its detailed statement of claim on 17 September.

The statement is accompanied by an independent quantum report prepared by accounting expert, Ernst & Young, and an expert opinion on valuation by Wardell Armstrong International, quantifying the losses to Oxus as a result of various breaches of the UK-Uzbekistan bilateral investment agreement by the Uzbekistan government.

Took my profit and ran like hell when oportunity knocked a little while ago.,.

Don't blame you. Nursing a loss atm, so gonna sit it out until the grim reaper comes knocking!

going up again now...MMs had their bit of fun

Draw Down of Funds and Issue of Equity
Oxus Gold plc has raised net proceeds of £406,917 by drawing down on it its Equity Financing Facility ("EFF") with Darwin Strategic Limited, a majority owned subsidiary of Henderson Global Investors Alphagen Volantis Fund.

Under the terms of the EFF agreement, the Company has today issued 17,166,666 new ordinary shares of 1p each to Darwin (the "New Oxus Shares"). The New Oxus Shares have been issued at a gross price of 2.48p per share and rank pari passu in all respects with the existing ordinary shares of 1p each in Oxus.

The drawn down on the EFF is the first undertaken by the Company and the gross price per share represents a premium of 11.7% per cent to the closing mid-market price per Ordinary Share on 8 October 2012, being the latest practicable date prior to this announcement.

Application will be made to the London Stock Exchange for the New Oxus Shares to be admitted to trading on AIM. It is expected that the admission will become effective and that trading in the New Oxus Shares will commence on 15th October 2012.

so whu is price below 2.48p?... MM crooks?

Director Deals - Oxus Gold PLC (OXS)
Oliver Prior, Non Executive Director, received in lieu of fees/salary 79,808 shares in the company on the 30th September 2012 at a price of 2.63p. The Director now holds 474,455 shares.

glad i took profit back awhile, your welcome to this one harry.,.

Issue of Equity and Total Voting Rights

Oxus Gold announces that on 5 February 2013, a total of 87,260 new ordinary shares of 1p each in the Company were issued and allotted to SP Angel Corporate Finance LLP ("SP Angel"), the Company's Nomad and Broker, in lieu of certain fees due to them for the period from 1 January 2013 to 31 March 2013. The new ordinary shares were issued to SP Angel at the mid-market closing price on 31 December 2012, being 2.865p.

boom!

Imploded & disappeared up it's own ar*e?

lol.,.

tossers!

Romanian Legal Settlement
The Board of Oxus Gold is pleased to announce that it has settled a dispute relating to the two drill rigs in Romania owned by a subsidiary of the Company. The Company has been paid €228,000 of cash compensation in full and final settlement of its dispute.

Richard Shead commented: "I am happy to report that the Company has reached an amicable settlement relating to its claim in respect of the two drill rigs which goes back a number of years. The cash will be a welcome addition to the Company's corporate treasury during its ongoing arbitration battle with the Uzbekistan Government."

StockMarketWire.com
Oxus Gold has raised £100,000 following a subscription for new ordinary shares by Darwin Strategic, a majority owned subsidiary of Henderson Global Investors Volantis Capital.

The subscription for new ordinary shares was made by Darwin on 25 March 2013 following an agreement between Darwin and Oxus to make early settlement this month under the terms of the equity financing facility greement and at a gross price per share of 2.6488p (being the average of the three lowest daily volume weighted average prices during the last eight trading days).

CHAIRMAN'S STATEMENT
Most of last year was spent by directors and management in progressing the arbitration claim for the misappropriation by the Uzbek Government of both the Company's Khandiza and Amantaytau Goldfields mining assets in Uzbekistan, which resulted in a substantial destruction of shareholder value of your company.

In order to ensure that your company remains adequately funded to pursue its claims through international arbitration, it successfully put in place both a litigation funding agreement, which ensures that the legal costs of the claim will be funded through to its conclusion, and an equity funding agreement to ensure that your company's ongoing operational costs, which have as in the previous year been again reduced wherever possible, will remain funded during this most difficult period in the life of your company. Details of both these funding arrangements have been fully disclosed in various RNSs issued during the past twelve months.

It gives me great confidence that two professional companies well versed in litigation funding and value creation have, after reviewing Oxus' claims, taken the decision to provide the Company with the financial support necessary to progress these claims to what I confidently believe will be a successful conclusion for all stakeholders.

With respect to the abuses suffered by certain of our former employees, I wish I was able to provide more positive news.

Mr Said Ashurov, AGF's former Chief Metallurgist, remains in prison in Uzbekistan on what the company considers to be an unjust and improper conviction for seeking to remove classified information from the country, despite high-level approaches made to the Uzbek authorities through diplomatic and other formal lines of communication. We continue to remain hopeful that Uzbekistan will on humanitarian grounds release Mr Said Ashurov, who I understand is critically ill, into the care of his family.

A number of other former employees have also had arrest warrants issued against them on what we consider are fabricated charges. It is regrettable that the arrest and / or imprisonment of employees is a standard tactic adopted by the Uzbek Government in its various disputes with foreign investors in the expectation that the investor will capitulate and not progress its claim for compensation.

Despite these pressures, your company remains willing to consider offers from the Uzbek Government to settle our claims on a fair and equitable basis taking into account the independent valuations of the assets misappropriated. If no such offer is received, your company will continue with its claims which are currently scheduled to be heard before the arbitral tribunal in early 2014.

In conclusion I would like to thank my fellow director, management, staff and professional advisors for all their hard work and support during the past twelve months, which will hopefully lead to the enhancement of shareholder value in the forseeable future.

24th Oct 2013

Issue of Equity
Oxus Gold plc ("Oxus" or the "Company"), is pleased to announced that it has raised £81,000 following a subscription for new ordinary shares in the Company by Darwin Strategic Limited ("Darwin") (a majority owned subsidiary of Henderson Global Investors Volantis Capital). The subscription for new ordinary shares was made by Darwin on 24 October 2013 pursuant to the terms of the Equity Financing Facility Agreement (as announced on 13 March 2013) and at a gross price per share of 1.7p.

Issue of Equity
Oxus Gold plc is pleased to announced that it has raised £112,000 (net of fees and costs) following a subscription for new ordinary shares in the Company by Darwin Strategic Limited ("Darwin") (a majority owned subsidiary of Henderson Global Investors Volantis Capital). The subscription for new ordinary shares was made by Darwin on 26 November 2013 pursuant to the terms of the Equity Financing Facility Agreement (as announced on 13 March 2013) and at a gross price per share of 2.0p.