The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Wednesday, 10th December 2008 (1428 views)

Crew Gold has announced that its recent rights offering was fully subscribed and a total of 340 million new shares will be allocated.

The subscription period ended on Monday 8th December 2008 and notifications in the rights offering are expected to be issued by post by managers Arctic Securities, ASA and Pareto Securities on or around December 12th.

Payment for allocated shares will take place by debiting subscribers' bank accounts on December 15th 2008 and the new shares will be created in accordance with the laws of the Yukon Territory in Canada and issued under the international securities identification number (ISIN) CA2265343038.

Listing of new shares and commencement of trading on Oslo Bors is expected on or about December 22nd this year with ticker symbol CRU R and existing shares traded on the exchange are registered with the VPS under the ISIN CA2265341057.

Crew Gold is an international mining company focused on gold production at its three operating mines, gold exploration and identifying, acquiring and developing mineral projects around the world.

The company has a portfolio of gold assets containing majority ownership of three current and near-term expanding gold mines in Guinea, the Philippines and Greenland.

 

« Back to Gold News stories