The following announcement was recently released by the legal team for Oxus Gold Plc:

Oxus Gold plc
Commencement of Arbitration Proceedings

Oxus Gold plc (Company) refers to its announced intent to commence international arbitration proceedings if settlement cannot be reached with the Government of the Republic of Uzbekistan (Uzbek Government) over the shareholder interest of the Company’s subsidiary, Oxus Resources Corporation (ORC), in Amantaytau Goldfields A.O. (AGF), the joint-venture vehicle for the Company’s mining investment in Uzbekistan.  The Company further refers to its recent declaration of force majeure in respect of its management and services agreement for AGF and under the charter of AGF.