OREANDA-NEWS. September 01, 2010. EURASIAN NATURAL RESOURCES CORPORATION PLC, shares which are listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following pres release, reported the press-centre of KASE:

Eurasian Natural Resources Corporation PLC ('ENRC', or together with its subsidiaries, the 'Group') announced today that its wholly owned subsidiary ENRC Congo BV, has privately purchased 50.5% of the outstanding common shares of Camrose Resources Limited ('Camrose'). The Camrose shares have been purchased from Silvertide Global Limited, Zanette Limited  and Cerida Global Limited ('Cerida') which are held by the Gertler Family Trust (the Acquisition').

Camrose's assets are high quality copper and cobalt exploitation licences located in the DRC.

The consideration for the Acquisition is USD175 million. ENRC has paid USD50 million in cash and issued promissory notes totalling USD125 million which mature between 9 months and 24 months.

The press release full version is available on KASE website at

- http://www.kase.kz/files/emitters/GB_ENRC/gbenrc_reliz_200810.pdf - in Russian;

- http://www.kase.kz/files/emitters/GB_ENRC/gbenrc_reliz_200810_e.pdf - in English.