Kazakhstan news for August 25, 2010

In this issue:

2 Corporate news
2 Alhambra, John J. Komarnicki and Hillcrest Investments Ltd. Announce the Conversion of Secured Debentures Into Common Shares
2 BTA issues shares as part of restructuring
2 Upcoming events
3 Industry news
3 CPC pipeline to invest $4.6 bln to boost link capacity
3 In 2010, Kazakhstan to produce 16 mln tonnes of grains
4 Politics and Economics
4 Government approved draft Program on Engineering Development for 2010-2014
4 Kazakhstan prepares for regional oil conference
5 KASE & Market wrap
6 AFS-Research productline
7 AFS Research services

Alhambra, John J. Komarnicki and Hillcrest Investments Ltd. Announce the Conversion of Secured Debentures Into Common Shares

Alhambra Resources Ltd. John J. Komarnicki and Hillcrest Investments Inc. jointly announce that the holders of the twelve percent secured debentures of the Corporation due August 11, 2010, in the aggregate principal and accrued interest amount of $1,266,446.84, namely John J. Komarnicki and Hillcrest, have converted the Debentures into 4,221,488 common shares of the Corporation.
 

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