UK currency traders abandon extradition fight, agree to face charges in NY

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Kenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton

Company Announcement
Friday, May 25, 2017

VANCOUVER, British Columbia, Canada -- Kenadyr Mining (Holdings) Corp. (TSX Venture: KEN, OTCQB: KNDYF, Frankfurt: KM0) announces that drilling at the South Zone of Kenadyr's fully owned Borubai License in the Kyrgyz Republic has intersected widespread gold mineralization including 40 meters at 6.17 grams per ton.

The South Zone is directly adjacent to Zijin Mining Group Co. Ltd.'s Taldy Bulak Levoberejnyi ("TBL") Mine deposit, currently in production.

Initial drilling was designed to intersect an area drilled by the Soviets between 1970 and 1990 that intersected significant gold mineralization. The current drill hole provides support for the validity of the historic Soviet results and indicates that widespread gold mineralization may exist on Kenadyr's license directly adjacent to (within 100 meters of) the TBL mine.

The South Zone is open in three directions and to depth and there are strong indications that it connects to the TBL deposit. Core recovery is greater than 95 percent and all intervals have been assayed using fire assay methods at an internationally accredited laboratory (ALS Global). ...

For the remainder of the announcement:

http://kenadyr.com/kenadyr-announces-partial-drill-results-from-drill-ho...



By Alan Tovey
The Telegraph, London
Tuesday, June 13, 2017

A trio of City of London traders charged by the U.S. Department of Justice with rigging the $5.3 trillion per day currency markets have agreed to go voluntarily to the United States and not battle extradition proceedings.

The three men -- part of an online chat group called "the Cartel," which is alleged to have been used to manipulate foreign exchange deals -- have struck the deal, which will allow them to return to Britain ahead of the trial.

The three men are Chris Ashton, who was formerly global head of spot trading at Barclays, ex-JP Morgan dealer Richard Usher, and Rohan Ramchandani, formerly of Citigroup.

They are accused by U.S. authorities of a single count of conspiracy to manipulate markets. This charge carries a maximum penalty of 10 years' imprisonment and a $1 million fine, though this could rise to twice the gain they received from their actions or twice the losses of those on the other side of the deal if found guilty. ...

...For the remainder of the report:

http://www.telegraph.co.uk/business/2017/06/13/three-uk-currency-traders...

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