TIDMLRL

RNS Number : 0305Z

Leyshon Resources Limited

06 January 2011

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

Holding in Company and Total Voting Rights

The Company was informed on 5 January 2011 that, following its readmission to AIM (the "Readmission") on 31 December 2010, IDG-Accel China Growth Fund GP II Associates Ltd, in its capacity as ultimate general partner of IDG Growth, IDG-Accel China Growth Fund II Associates LP and IDG Investors, is interested in 19,565,217 ordinary shares of no par value ("Ordinary Shares") in the Company, representing 7.94% of the entire issued share capital of the Company. For further information on the relevant interests underlying this shareholding, reference should be made to the announcement lodged by the Company with ASX on 5 January 2011 at www.asx.com.au.

Following the Readmission, the Company has 246,525,724 Ordinary Shares in issue. This is the number which may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest, or a change to their interest, in the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information, contact:

Leyshon Resources Limited

Paul Atherley - Managing Director

Tel: +86 137 1800 1914

patherley@leyshonresources.com

Seymour Pierce Limited

Jonathan Wright/John Cowie (Nominated adviser)

Richard Redmayne/Leti McManus (Corporate broking)

Tel: +44 (0)207 107 8000

http://www.leyshonresources.com

Background

Leyshon was on the ground in 2003 when China opened its mining sector to foreign investment. It has been fully engaged in China since then and has its main operating office located in Beijing.

China's latest Five Year Plan emphasizes Inclusive Growth which entails the planned urbanization of a large number of Western China's rural population into second and third tier cities. This will result in significant increases in power consumption and infrastructure spending.

The Company is planning to invest in high quality coal assets in Xinjiang and South West Mongolia which will sell into the escalating demand for thermal and metallurgical coal across China over the next ten years.

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAFFKESXFEFF

Leyshon Resources (LSE:LRL)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Leyshon Resources Charts.
Leyshon Resources (LSE:LRL)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Leyshon Resources Charts.