NGL Norseman

TIDMNGL

RNS Number : 3668C

Norseman Gold PLC

16 April 2013

Norseman Gold Plc ("Norseman" or "Company")

DOCA Update

On 11 April 2013 a report to creditors in Norseman's principal operating subsidiary Central Norseman Gold Corporation Limited ("CNGC") was issued proposing amendments to the Deed of Company Arrangement ("DOCA") executed by the Company on 11 March 2013.

The DOCA originally contained five conditions required for settlement, all of which are capable of being met by either CNGC or the trustee of the DOCA other than condition (a) which requires the secured creditors of CNGC to enter into the Secured Creditor Deed.

In order to enact settlement of the DOCA, it is proposed that at a meeting of creditors to be held on 24 April 2013 a resolution will be proposed to remove condition (a) and thus allow the DOCA to complete according to its terms. Assuming the resolution is approved it is anticipated that settlement of the DOCA will take place on or before 30 April 2013.

A further announcement will be made in due course.

For further information visit www.norsemangoldplc.com, email investors@ngold.com.au or contact:

David Steinepreis Norseman Gold Plc. Tel: +44 (0) 7913402727

William Vandyk Northland Capital Partners Ltd Tel: 020 7796 8800

Guy Wilkes Ocean Equities Ltd Tel: 020 7786 4370

Susie Geliher / Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7236 1177

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGGUWWCUPWGPA

Norseman Gold (LSE:NGL)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024

Norseman Gold (LSE:NGL)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024