Nordgold Redeems Crew Gold Bonds of US$58.9m

Amsterdam, October 2, 2012 - Nord Gold N.V. (Nordgold, LSE: NORD), an independent, internationally diversified, pure-play gold producer strategically focused on emerging markets, announces the full and timely redemption of bonds by its subsidiary, Crew Gold Corp (CGC).

CGC had US Dollar and Norwegian Krona nominated bonds in issue with maturity in September 2012. The total nominal value of the bonds was US$58.9m (as per exchange rate at redemption).

After redemption of these bonds, Nordgold Group’s debt portfolio contains only long-term obligations.

Crew Gold Corp is the operator and 100% owner of the Lefa project in Guinea. Nordgold has incrementally acquired a 100% share in CGC between 2010 and 2011.

CONTACTS

tel.+7 495 644 44 73

Irina Dormidontova

RECRUITMENT MANAGER
tel.+7 495 644 44 73

tel.+7 495 644 4473
We use Cookies to make your visit to our site as convenient as possible. If you continue to view the pages without changing your settings, it will be assumed that you accept all Cookies on the site www.nordgold.com. You can also click «I agree» to hide this message. You can, of course, change your Cookie settings at any time by adjusting your browser. You can view details of Cookies by clicking Read more