03:49 PM EST - Kazax Minerals Inc. : announced it is in discussions with Safin Element GmbH to reschedule the various cash payments remaining in connection with the terms of the acquisition of a 74.99% interest in the Lomonosovskoye Limited Liability Partnership from Safin. Under the current terms of the Acquisition, the Company is due to make a payment to Safin of $10,410,408 U.S. on January 15. Kazax Minerals Inc.
shares V.KZX are trading unchanged at $0.10.
