Orsu Metals Orsu Metals Corporation: Lapse of Mandate With UniCredit and Barclays

 
TIDMOSU 
 
Orsu Metals Corporation: Lapse of Mandate With UniCredit and Barclays 
FOR:  ORSU METALS CORPORATION 
 
AIM, TSX SYMBOL:  OSU 
 
March 23, 2015 
 
Orsu Metals Corporation: Lapse of Mandate With UniCredit and Barclays 
 
LONDON, UNITED KINGDOM--(Marketwired - March 23, 2015) - Orsu Metals Corporation (the "Company"), the London- 
based dual listed (TSX:OSU)(AIM:OSU) base and precious metals exploration and development company, announces 
that pursuant to a review of the mandate announced on July 31, 2012 (the "Mandate") by UniCredit Bank Austria 
AG ("UniCredit") and Barclays Bank PLC ("Barclays"), the Company has been notified by UniCredit and Barclays 
that the Mandate has formally lapsed with immediate effect in accordance with their internal policies and 
protocols. As a reminder, the Company appointed UniCredit and Barclays as co-ordinating mandated lead arrangers 
under the Mandate to use commercially reasonable efforts to arrange a project finance facility of up to US$90 
million to finance the Company's Karchiga Project in Kazakhstan. 
 
UniCredit has expressed a willingness to maintain contact with the Company in relation to potentially 
participating in any future funding of the Karchiga Project, without any formal commitment on their part. Any 
new mandate with UniCredit and/or any other potential participants would be subject to new approvals being 
obtained at the relevant time, and any final financing would be similarly dependent upon commercially 
acceptable terms being agreed and all necessary approvals being obtained. Barclays is no longer active in the 
market as a result of having withdrawn from base metals trading as part of a refocus of its commodities 
business in 2014. 
 
As a consequence of the Mandate lapsing, the Company will be undertaking a re-appraisal of the deferred finance 
costs of $1.1 million currently capitalised in its financial statements, the results of which will be reported 
in the Company's financial statements for the year ended December 31, 2014 which are due to be released on or 
before March 31, 2015. 
 
 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Kevin Denham 
Chief Financial Officer and Company Secretary 
Orsu Metals Corporation 
[phone] 
www.orsumetals.com 
 
OR 
 
Ryan Gaffney, Henry Fitzgerald O'Connor 
Canaccord Genuity Limited 
[phone] 
 
OR 
 
Vanguard Shareholder Solutions 
[phone] 
 
 
 
Orsu Metals Corporation