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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Norseman | LSE:NGL | London | Ordinary Share | GB00B2N7FW85 | ORD 1.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.575 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMNGL
RNS Number : 3668C
Norseman Gold PLC
16 April 2013
Norseman Gold Plc ("Norseman" or "Company")
DOCA Update
On 11 April 2013 a report to creditors in Norseman's principal operating subsidiary Central Norseman Gold Corporation Limited ("CNGC") was issued proposing amendments to the Deed of Company Arrangement ("DOCA") executed by the Company on 11 March 2013.
The DOCA originally contained five conditions required for settlement, all of which are capable of being met by either CNGC or the trustee of the DOCA other than condition (a) which requires the secured creditors of CNGC to enter into the Secured Creditor Deed.
In order to enact settlement of the DOCA, it is proposed that at a meeting of creditors to be held on 24 April 2013 a resolution will be proposed to remove condition (a) and thus allow the DOCA to complete according to its terms. Assuming the resolution is approved it is anticipated that settlement of the DOCA will take place on or before 30 April 2013.
A further announcement will be made in due course.
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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