AMSTERDAM, Netherlands, Nov. 7, 2013 /CNW/ - Nord Gold N.V. ("Nordgold"
or the "Company", LSE: NORD), the internationally diversified,
pure-play gold producer strategically focused on emerging markets,
wishes to inform its Canadian resident shareholders that it intends to
apply to the applicable securities regulatory authorities in Canada for
a decision that the Company is no longer a reporting issuer in Canada.
If the decision is granted, the Company will no longer be a reporting
issuer in any jurisdiction in Canada and, as a result, the Company will
no longer be required to file financial statements and other continuous
disclosure documents pursuant to Canadian securities laws. A decision
permitting the Company to cease to be a reporting issuer in Canada will
not affect the Company's listing on the London Stock Exchange (the
"LSE") or its reporting obligations in the Netherlands or the United
Kingdom. In this regard, Canadian resident shareholders will continue
to have access to all financial statements and other continuous
disclosure documents required to be filed by the Company under the laws
of the Netherlands and the United Kingdom, as well as the rules of the
LSE. Such documentation can be found on the Company's website at www.nordgold.com.
Nordgold (LSE: NORD) is an international pure-play emerging-markets gold producer established
in 2007 and publicly traded on the London Stock Exchange. Nordgold has
expanded rapidly through acquisitions and organic investment, achieving
a rate of growth unmatched in the industry during that period. In 2012,
Nordgold's gold production was 717 Koz. The Company operates nine mines
in Russia, Kazakhstan, Burkina Faso and Guinea. Nordgold has one
development project, five advanced exploration projects and a diverse
portfolio of early exploration projects and licenses in CIS, West
Africa and French Guiana. Nordgold employs over 10,000 workers.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this press release, including any
information as to Nordgold's estimates, strategy, projects, plans,
prospects, future outlook, anticipated events or results or future
financial or operating performance and production, may constitute
"forward-looking information" within the meaning of Canadian securities
laws. All statements, other than statements of historical fact,
constitute forward-looking information. Forward-looking information can
often, but not always, be identified by the use of words such as
"plans", "expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", "predicts", "potential",
"continue" or "believes", or variations (including negative variations)
of such words, or statements that certain actions, events or results
"may", "could", "would", "should", "might", "potential to", or "will"
be taken, occur or be achieved or other similar expressions concerning
matters that are not historical facts. The purpose of forward-looking
information is to provide the reader with information about
management's expectations and plans. Readers are cautioned that
forward-looking statements are not guarantees of future performance.
All forward-looking statements made or incorporated in this press
release are qualified by these cautionary statements.
Actual performance or achievement could differ materially from that
expressed in, or implied by, any forward-looking information in this
press release and, accordingly, investors should not place undue
reliance on any such forward-looking information. Further, any
forward-looking information speaks only as of the date on which such
statement is made, and Nordgold does not undertake any obligation to
update any forward-looking information to reflect information, events,
results, circumstances or realities after the date on which such
statement is made or to reflect the occurrence of unanticipated events,
except as required by applicable Canadian securities laws.
SOURCE: Nord Gold N.V.
For further information:
Tel: +7 (916) 474 5996
Tel: +7 (916) 510 1411
Tel: +44 (0)20 7379 5151