TIDMLRL 
 
RNS Number : 4267D 
Leyshon Resources Limited 
02 December 2009 
 

2 December 2009 
 
 
 
 
LEYSHON RESOURCES LIMITED 
 
 
ZHENG GUANG SALE COMPLETED AND ALL FUNDS RECEIVED 
 
 
Leyshon Resources Limited (AIM/ASX:LRL) is pleased to report that the sale of 
the Zheng Guang gold project has completed several months ahead of schedule with 
all funds now received. 
 
 
The Company now has over US$44 million in cash of which A$14 million is held in 
Australia and RMB207 million held in a Citibank account in Beijing. It is 
expected that the RMB will be converted and transferred to Australia within the 
next few weeks. 
 
 
The withholding tax of RMB 19 million (US$2.8 million) and the estimated legal, 
tax and other fees of RMB200,000  (US$30,000) were considerably lower than 
previously estimated and, apart from the withholding tax, there have been no 
funds withheld for any reason. The Company has no ongoing employee or other 
liabilities in relation to the project. 
 
 
Following receipt of the proceeds of sale, the Company's free cash equates to 
approximately 12 pence per share (22 A$ cents per share). 
 
 
As previously advised, once all funds have been expatriated the Company intends 
to proceed with an on market buy-back of shares and will advise further details 
in due course. 
 
 
In addition, the Company is pleased with the deal flow it has received to date 
and is actively working on a number of potential investment opportunities which 
have the potential to fit its investment criteria. 
 
 
Managing Director Paul Atherley commented: "Following the overwhelming 
shareholder support for the divestment and proposed investing policy we intend 
to draw on our six years' experience in China to identify projects located in 
those countries and commodities which are of interest to Chinese groups. 
 
 
 We will continue to be located in Beijing and will work closely with Chinese 
technical, investment and regulatory groups in assessing early stage projects 
which have the potential to meet Chinese development criteria." 
For further information contact: 
Leyshon Resources Limited 
Paul Atherley - Managing Director 
Tel: +86 137 1800 1914 
patherley@leyshonresources.com 
 
 
Seymour Pierce 
Jonathan Wright 
Tel: +44 (0)207 107 8000 
 
 
http://www.leyshonresources.com 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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