Proposed Readmission to AIM (6461W)

TIDMLRL

RNS Number : 6461W

Leyshon Resources Limited

23 November 2010

Leyshon Resources Limited ("Leyshon" or the "Company")

Proposed Readmission to AIM

As previously announced, Leyshon Resources Limited disposed of its principal asset, its interest in the Zheng Guang gold project in China, in late 2009. The Company adopted an investing policy at its AGM on 30 November 2009 and therefore has been treated as an Investing Company on AIM under Rule 15 of the AIM Rules for Companies since that date.

The Company has not yet effected a reverse takeover nor has it substantially implemented its investing policy. As a consequence, trading in the ordinary share capital of Leyshon is expected to be suspended on AIM in accordance with Rule 15 with effect from 1 December 2010. Leyshon's ordinary shares will continue to be traded on the Australian Stock Exchange.

The Board has seen many interesting investment opportunities over the course of the last year, many of which are in China, but is conscious that such transactions take some considerable time to complete and does not feel that a continued suspension of the Company's shares from trading on AIM will be in the longer term interests of shareholders.

The Board therefore announces that it is their intention to seek an admission to trading on AIM as an Investing Company ("New Admission") under Part One of the AIM Rules for Companies of the London Stock Exchange (the "Exchange"). In order to effect the New Admission, the Company must first seek a cancellation of trading on AIM of its ordinary shares. It has informed the Exchange of its preferred cancellation date and it is expected that such cancellation will be effective at 7 am on 22 December 2010. It is also anticipated that the New Admission will be effective from 8 am on the same day, 22 December 2010.

For information please contact:

Leyshon Resources Limited

Paul Atherley - Managing Director

Tel: +86 137 1800 1914

patherley@leyshonresources.com

Seymour Pierce Limited

Jonathan Wright / John Cowie

Richard Redmayne / Leti McManus (Corporate broking)

Tel: +44 (0)207 107 8000

This information is provided by RNS

The company news service from the London Stock Exchange

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