Khan Wins Jurisdiction Argument

Market Watch
July 26, 2012

The arbitration tribunal ruled in favor of Khan Resources Inc. (“Khan”) on matters relating to Jurisdiction so the action will now progress to the merits of Khan’s claims against the Government of Mongolia for alleged expropriation. President and CEO of Khan said, “We are pleased that the Tribunal has validated Khan’s initiatives to achieve recourse to damages suffered by our shareholders. Our treasury is well-funded and we will continue to vigorously pursue this action to its logical end to receive value for our investments in Mongolia.”

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