Change of Adviser
China Nonferrous Gold Limited
31 March 2015
China Nonferrous Gold Limited ä¸å›½æœ‰è‰²é»„金有é™å…¬å¸
(“CNG†or the “Companyâ€)
Change of Advisor
China Nonferrous Gold Limited ä¸å›½æœ‰è‰²é»„金有é™å…¬å¸ (AIM: CNG), the mineral exploration and development company currently developing the Pakrut gold project in the Republic of Tajikistan, announces that Hume Capital Securities Plc (“Humeâ€) no longer acts as the Company’s joint broker. Hume announced the appointment of joint special administrators with effect from 16 March 2015.
Investec Bank Plc (“Investecâ€) will now act as sole broker to the Company, with immediate effect. Investec will also remain as the Company’s Nominated Adviser.
For further information please visit the Company’s website (www.cnfgold.com) or contact:
China Nonferrous Gold Limited
David Tang, Managing Director
Tel: +86 10 8442 6681
Investec Bank Plc
Jeremy Ellis, George Price
Tel: +44 (0)20 7597 5970
Project Summary
The Pakrut gold project, of which CNG has 100 per cent ownership, is situated in Tajikistan approximately 120km northeast of the capital city Dushanbe. Pakrut is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and Western China, and which hosts a number of multi-million ounce gold deposits.
CNG is currently in a construction phase with mining contractors on site constructing the mine, plant and tailings dam.
About Tajikistan
Tajikistan is a secular republic located in Central Asia. The country is a member of the Commonwealth of Independent States and the Shanghai Cooperation Organisation. Tajikistan hosts numerous operating precious metal mines as well as the largest aluminium smelter in Central Asia. CNG's management team has extensive experience in the mining industry in Tajikistan.