Kryso Resources PLC announced unaudited consolidated earnings results for the six months ended June 30, 2012. For the period, the company reported operating loss of $902,000, loss on ordinary activities before taxation of $892,000, loss attributable to equity holders of the company of $892,000 or $0.0031 per basic and diluted share as compared to operating loss of $477,000, loss on ordinary activities before taxation of $447,000, loss attributable to equity holders of the company of $447,000 or $0.0018 per basic and diluted share for the same period prior year. Net Cash Inflow from Operating Activities was $111,000 as compared to net Cash Outflow from operating activities of $2,500,000 for the same period prior year. Payments to acquire intangible fixed assets were $4,782,000 as compared to $1,412,000 for the same period prior year. Payments to acquire tangible fixed assets were $1,838,000 as compared to $56,000 for the same period prior year.

Kryso Resources PLC approved at its annual general meeting effect from July 1, 2012 Leonard Lee will be appointed as the Finance Director of the company. Leonard Lee is currently a Non-Executive Director of the Company. Before working with Kryso, he set up businesses in Canada and China, and has provided consultancy services to companies such as BASF and DZ BANK. The company was also resolved that with effect from July 1, 2012, Abuali Ismatov will become a Non-Executive Director.

Kryso Resources PLC reported audited consolidated earnings results for the full year ended December 31, 2011. For the period, the company reported operating loss of $1,446,000 against $1,128,000 for the same period last year. Loss before taxation was $1,392,000 against $1,117,000 for the same period last year. Loss attributable to equity holders of the company was $1,392,000 or $0.0053 per basic and diluted share against $1,117,000 or $0.0065 per basic and diluted share for the same period last year. Net cash outflow from operating activities was $3,595,000 against $1,443,000 for the same period last year. Payments to acquire intangible fixed assets were $4,557,000 against $2,572,000 for the same period last year. Payments to acquire property, plant and equipment were $1,480,000 against $95,000 for the same period last year.