Amsterdam, Netherlands, March 4, 2015 – Nord Gold N.V. ("Nordgold" or "the Company", LSE: NORD), an internationally diversified, low-cost gold producer, announces that it has registered, in accordance with chapter 5.3 of the Dutch Act on Financial Supervision, the interests of Mr. Michael Nossal, Independent non-executive Director of Nordgold, following his purchase of 50,000 GDRs on February 26, 2015 at an average price of US$2.23 per GDR for the total amount of US$111,290. This transaction was settled on March 2, 2015.
Following the notification of this purchase, Mr. Nossal’s interest in the Company’s share capital is 90,000 GDRs, representing 0.024% of the total issued share capital of 380,998,290 shares.
Nordgold (LSE: NORD) is an internationally diversified low-cost gold producer established in 2007 and publicly traded on the London Stock Exchange. The Company has expanded rapidly through carefully targeted acquisitions and organic growth, achieving a rate of growth unmatched in the industry during that period. In 2014, Nordgold’s gold production increased to 985 koz from 924 koz in 2013.
The Company operates 9 mines and has 2 development projects, 4 advanced exploration projects and a diverse portfolio of early-stage exploration projects and licenses in Burkina Faso, Guinea, Russia, Kazakhstan, French Guiana and Canada. Nordgold employs about 10,000 people.
Nordgold
Valentina Bogomolova
Head of IR
Tel: +7 495 644 4473
Olga Ulyeva
Head of Media Relations
Tel: +7 495 644 4473
Maitland
Peter Ogden
James Devas
Tel: +44 (0)20 7379 5151
