APPOINTMENT OF NOMINATED ADVISOR AND JOINT BROKERS

 

TIDMEGU 
 
RNS Number : 3583N 
European Goldfields Ltd 
10 June 2010 
 

 
 
For Immediate Release 
                             10 June 2010 
                          European Goldfields Limited 
 
               APPOINTMENT OF NOMINATED ADVISOR AND JOINT BROKERS 
 
10 June 2010 - European Goldfields Limited (TSX / AIM: EGU) ("European 
Goldfields" or the "Company") is pleased to announce the appointment of Liberum 
Capital Limited as Nominated Adviser and Joint Broker and Evolution Securities 
Limited as Joint Broker to the Company. These appointments take place with 
immediate effect. 
 
Commenting on the appointment, Martyn Konig, Executive Chairman and President of 
European Goldfields, said: "We see the appointment of Liberum Capital and 
Evolution Securities as key to developing our London investor base and enhancing 
London liquidity to complement the strong trading activity in the Company's 
shares on the Toronto Stock Exchange.  This decision follows a review by 
European Goldfields of its advisors as it readies itself for development of its 
key projects in Romania and Greece." 
 
About European Goldfields 
 
European Goldfields is a developer-producer with globally significant gold 
reserves located within the European Union. The Company generates cash flow from 
its 95% owned Stratoni operation, a high grade lead/zinc/silver mine in 
North-Eastern Greece and the sale of gold concentrates from Olympias. European 
Goldfields will evolve into a mid tier producer through responsible development 
of its project pipeline of gold and base metal deposits at Skouries and Olympias 
in Greece and Certej in Romania. The Company plans future growth through 
development of its highly prospective exploration portfolio in Greece, Romania 
and Turkey. 
 
For further information please see the Company's website at www.egoldfields.com 
 
For further information please contact: 
 
European Goldfields: 
Liberum Capital Limited 
Sally Schofield, VP Investor Relations                                    Simon 
Atkinson 
e-mail: [e-mail] Rawlinson 
Tel: [phone] 
Tel: [phone] 
 
Buchanan Communications:                                               Evolution 
Securities Limited 
Bobby Morse / Katharine Sutton                                             Rob 
Collins 
e-mail: [e-mail]                                      Tim Redfern 
Tel: [phone] 
Tel: [phone] 
 
Forward-looking statements 
 
Certain statements and information contained in this document, including any 
information as to the Company's future financial or operating performance and 
other statements that express management's expectations or estimates of future 
performance, constitute forward-looking information under provisions of Canadian 
provincial securities laws. When used in this document, the words "anticipate", 
"expect", "will", "intend", "estimate", "forecast", "planned" and similar 
expressions are intended to identify forward-looking statements or information. 
Forward-looking statements include, but are not limited to, the estimation of 
mineral reserves and resources, the timing and amount of estimated future 
production, costs and timing of development of new deposits, permitting time 
lines and expectations regarding metal recovery rates. Forward-looking 
statements are necessarily based upon a number of estimates and assumptions 
that, while considered reasonable by management, are inherently subject to 
significant business, economic and competitive uncertainties and contingencies. 
 
The Company cautions the reader that such forward-looking statements involve 
known and unknown risks, uncertainties and other factors that may cause the 
actual financial results, performance or achievements of the Company to be 
materially different from its estimated future results, performance or 
achievements expressed or implied by those forward-looking statements and the 
forward-looking statements are not guarantees of future performance. These 
risks, uncertainties and other factors include, but are not limited to: changes 
in the price of gold, base metals or certain other commodities (such as fuel and 
electricity) and currencies; uncertainty of mineral reserves, resources, grades 
and recovery estimates; uncertainty of future production, capital expenditures 
and other costs; currency fluctuations; financing and additional capital 
requirements; the successful and timely permitting of the Company's Skouries, 
Olympias and Certej projects; legislative, political, social or economic 
developments in the jurisdictions in which the Company carries on business; 
operating or technical difficulties in connection with mining or development 
activities; the speculative nature of gold and base metals exploration and 
development, including the risks of diminishing quantities or grades of 
reserves; the risks normally involved in the exploration, development and mining 
business; and risks associated with internal control over financial reporting. 
For a more detailed discussion of such risks and material factors or assumptions 
underlying these forward-looking statements, see the Company's Annual 
Information Form for the year ended 31 December 2009, filed on SEDAR at 
www.sedar.com. The Company does not intend, and does not assume any obligation, 
to update or revise any forward-looking statements whether as a result of new 
information, future events or otherwise, except as required by law. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 APPEAKKNEELEEFF