London, United Kingdom, 20 April 2020 – Nord Gold SE (“Nordgold” or the “Company”) announces that, as contemplated in the circular sent to Company’s shareholders on 20 February 2020 and pursuant to resolutions of the shareholders of the Company passed at the general meeting held on 9 March 2020, it has completed a share capital decrease by reducing the nominal value of each of the Company’s ordinary shares from 1 EUR to 0.01 EUR (“Capital Decrease”).
The Capital Decrease was formally approved by the High Court of Justice and became effective on 2 April 2020.
Please note, that due to the COVID-19 implications the Capital Decrease currently is not reflected on Companies House. This however will not have any impact on the effective date of the Capital Decrease.
Nordgold is an internationally diversified one million ounce gold producer with over 8,000 people operating a portfolio of ten mines (in Burkina Faso, Guinea, Russia and Kazakhstan) and a number of development and exploration projects in West Africa, Eurasia and the Americas. Since its foundation in 2007, Nordgold has established a global reputation as a leading developer of tier one gold mining assets with a proven commitment to community engagement, sustainability, efficiency and operating in an environmentally responsible manner. Since 2013, Nordgold has successfully constructed three gold mines, including two in Burkina Faso (Bouly and Bissa) and most recently, the Gross mine in Russia.
| Olga Ulyeva
Head of Media Relations
|Peter Ogden||Tel: +44 (0) 20 7250 1446|