Norseman Gold PLC DOCA Update (8145Z)
March 12 2013 - 8:29AM
UK Regulatory
TIDMNGL
RNS Number : 8145Z
Norseman Gold PLC
12 March 2013
12 March 2013
Norseman Gold plc
Deed of Company Arrangement - Central Norseman Gold Corporation
Ltd ("CNGC")
The Directors of Norseman Gold plc ("Norseman" or "Company")
wish to advise that the CNGC Deed of Company Arrangement, Deed of
Deferral and CNGC Creditors Trust have been executed and as a
result CNGC is subject to a Deed of Company Arrangement ("DOCA").
Consequently ,pursuant to the terms of the DOCA, control and
stewardship of CNGC reverts to its board of directors
forthwith.
Subject to arrangement of funding, settlement of the DOCA is
planned to occur on or before 20 March 2013 or such other time as
agreed by the Deed Administrator.
A further announcement will be made on or before 20 March
2013.
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
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