TIDMTEN

RNS Number : 5863C

Tengri Resources

19 October 2015

19 October 2015

Tengri Resources

("Tengri" or the "Company")

Board Change

Tengri Resources (AIM: TEN) the mining exploration and development Company focused on high quality gold-copper projects in Central Asia, announces that Mr Gary Lewis has today resigned as Executive Chairman and as a director of the Company with immediate effect.

The Board of Tengri would like to thank Mr Lewis for his service as a director and executive of the Company.

Mr Peter Moss, Mr Idris Khan and Mr Joshua Crumb all remain as Non-Executive Directors of the Company.

The Board of Tengri intends to appoint a new Chairman in due course.

ENDS

For further information, please visit www.tengriresources.co.uk or contact:

Tengri Resources

Peter Moss +44 20 3301 9346

finnCap Ltd (Nomad)

   Christopher Raggett/Grant Bergman/James Thompson                           +44 20 7220 0500 

WH Ireland (Broker)

James Joyce/James Bavister +44 20 7220 1666

Peterhouse Corporate Finance Limited (Broker)

Heena Karani +44 20 7469 0936

There are no other disclosures required in relation to Rule 17 of the AIM Rules for Companies.

Tengri Resources (AIM: TEN) is a mining exploration and development company focused on low-cost gold-copper projects in Central Asia.

The Company seeks to add portfolio value by applying a phased approach to project development. Tengri's portfolio includes the large scale Taldybulak deposit (TEN 100%), which has SAMREC compliant resources of 6.7Moz of gold and 1.66bnlb of copper. Taldybulak is Tengri's priority project, undergoing a feasibility study for two-phased development, first targeting a high grade zone at modest capital cost. The company also continues to progress development of the Andash project (TEN 100%) which has JORC compliant resources of 682koz of gold and 170Mlb of copper.

The Company listed on AIM in July, 2014. Tengri's board and management are highly experienced in Central Asia, with mining operational and financial career backgrounds.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 19, 2015 02:00 ET (06:00 GMT)

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