Nordgold has been Granted Relief from Compliance with Canadian Continuous Disclosure Laws
Amsterdam, Netherlands, April 16, 2014 - Nord Gold N.V. (“Nordgold” or the “Company”, LSE: NORD), the internationally diversified, pure-play gold producer strategically focused on emerging markets, announces that the Company has been granted relief from compliance with Canadian continuous disclosure laws by the Canadian securities regulators. This follows the close of the High River Gold transaction in 2013.
Nordgold is no longer a reporting issuer in any jurisdiction in Canada and, as a result, the Company will not 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 does 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 a pure-play emerging-markets gold producer established in 2007. Nordgold has expanded rapidly through acquisitions and organic investment, achieving a rate of growth unmatched in the industry during that period. In 2013, Nordgold’s gold production was 924.4 koz, up from 717 koz in 2012.
The Company operates 9 active mines and has one development project, 5 advanced exploration projects and a diverse portfolio of early exploration projects and licenses in Russia, Kazakhstan, Burkina Faso, Guinea and French Guiana. Nordgold employs about 10,000 workers.