News: TRY Troy Resources Updates On Operations At Karouni Gold Mine In Guyana

Nov 29 (Reuters) - Troy Resources Ltd (TRY) :

• UPDATES TO MARKET AS TO OPERATIONS AT COMPANY'S KAROUNI GOLD MINE IN GUYANA
• MINISTRY OF SOCIAL PROTECTION RESCINDED ITS CEASE WORK ORDER
• NOW LOOKING AT SOURCES OF FINANCE FOR WORKING CAPITAL TO FUND RESTARTING OF KAROUNI OPERATIONS
• THERE ARE SEVERAL MATTERS THAT NEED TO BE RESOLVED BEFORE COMPANY CAN RESTART OPERATIONS AT MINE
• CHANGE TO TIMING OF ANY FURTHER MINING AT SMARTS 3 WILL, HAVE A SIGNIFICANT IMPACT ON ORE MINED AND GOLD PRODUCTION
• CO HAS EXPENDED SIGNIFICANT FUNDS OVER PAST SIX WEEKS AS CONSEQUENCE OF THE SHUT DOWN