Oxus Gold says option granted to Zeromax to buy up to 52 million co shares extended

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Economy 24/12/2007 Oxus Gold says option granted to Zeromax to buy up to 52 million co shares extended

The option is exercisable at any time until Jan 4, 2008 and extendable until Jan 31, 2008, the company said.

Uzbekistan-based private company Zeromax currently holds 57 million shares or 15.60% in the company and, if Zeromax exercises the option in full, its shareholding in the company would increase to 109.25 million shares or 29.90%.

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