Kenadyr Mining (Holdings) Corp. announced that it has entered into option agreements with Realgold Resources Corp. for the acquisition of 9 mineral exploration licenses covering approximately 1,200 square kilometers of the most prospective gold ground within the Middle Tien Shan carbonaceous shale belt of the Kyrgyz Republic. The licenses cover most of the highly prospective rocks (Riphean carbonaceous shales) and occur within a strike length of 800 km from west to east. These licenses contain approximately 80% of the exposed Upper Proterozoic black shales found in Kyrgyz Republic, that are not within a protected area (National Park). Under the terms of the Option Agreements, Kenadyr, through its Kyrgyz subsidiaries, is required to advance as secured loans an aggregate of USD 552,669.75 to certain subsidiaries of the Optionor. Upon completion of the advances and subject to compliance with all applicable laws of the Kyrgyz Republic, Kenadyr will be eligible to exercise its option to acquire the Licenses. During the period of the option, Realgold's subsidiaries will use the funds advanced under the Option Agreements to conduct exploration activities on the Licenses and to maintain the Licenses in good standing under Kenadyr's oversight.