Releases - Varyag Resources

Varyag Resources has decided to exercise the Call Option agreement with Vostok Nafta regarding three Russian forestry enterprises. Pursuant to the exercise notice, Varyag will acquire 40 percent of three forestry enterprises, PIK-89, Tubales and Tubalesprom, located in Ust Ilimsk for a total consideration of 10.9 million USD.

The companies combined annual allowance cut of round wood amounts to about 1 million...

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There has been great interest in the offer to acquire shares in Varyag Resources. The interim shares of Varyag Resources will be listed on Stockholm Stock Exchange new list First North as of August 7, 2006.

Both the domestic general public as well as institutional investors in Sweden...

As of today’s date, June 29, 2006, Varyag Resources AB (“the Company”) has published a supplement to its prospectus regarding an invitation to subscribe for shares in Varyag Resources AB (“the Supplementary Prospectus”). The Supplementary Prospectus has been prepared as a consequence of a decision by the Board of Directors of Varyag Resources AB to extend the application period of the Offering to subscribe for...

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The Offering to subscribe for shares in Varyag Resources AB – a unique opportunity to invest in unlisted shares of Russian natural resource related companies - attracted great interest during the road show the Company held recently. However, the Offering has coincided with weaknesses in the...

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Varyag Resources AB (publ) was formed in order to provide a unique investment opportunity to gain exposure to unlisted companies primarily in the commodities sector in Russia and the Commonwealth of Independent States (CIS). Through Varyag Resources private investors will be given a...

This press release may not be distributed or published in the United States of America, Australia, Japan, Canada or New Zealand
Varyag Resources AB (publ) was formed in order to provide a unique investment opportunity to gain exposure to unlisted companies primarily in the commodities sector in Russia and the Commonwealth of Independent States (CIS).

• The offering comprises not more than 20,000,000 shares and...