Crew Gold Corporation receives final Court Order Approval for Arrangement
Crew Gold Corporation /
Crew Gold Corporation receives final Court Order Approval for Arrangement
Processed and transmitted by Thomson Reuters.
The issuer is solely responsible for the content of this announcement.
December 16, 2010
Crew Gold Corporation receives final Court Order Approval for Arrangement
LONDON, United Kingdom: Crew Gold Corporation ("Crew") (TSX, OSE: CRU) is
pleased to announce that it has received a final order from the Superior Court
of Yukon approving the plan of arrangement under the Business Corporations Act
(Yukon) to effect the previously announced acquisition of all of the issued and
outstanding common shares of Crew (not already owned by Nord Gold N.V. and Nord
Gold (Yukon) Inc.).
The closing of the plan of arrangement transaction is expected to occur after
the satisfaction and/or waiver of all conditions precedent to the plan of
arrangement, the date of which will be announced shortly.
Safe Harbour Statement
Certain statements contained herein that are not statements of historical fact,
may constitute forward-looking statements and are made pursuant to applicable
and relevant national legislation (including the Safe-Harbour provisions of the
United States Private Securities Litigation Reform Act of 1995) in countries
where Crew is conducting business and/or investor relations. Forward-looking
statements, include, but are not limited to those with respect to the timing of
the common share consolidation.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors that could cause the actual results of the Company to be
materially different from the historical results or from any future results
expressed or implied by such forward-looking statements. Although Crew has
attempted to identify important factors that could cause actual events or
results to differ from those described in forward-looking statements contained
herein, there can be no assurance that the forward-looking statements will prove
to be accurate as actual results and future events could differ materially from
those anticipated in such statements. The material factors and assumptions used
to develop forward-looking statements which may be incorrect, include, but are
not limited to, current estimates of the timing of the closing of the
transaction.
Except as may be required by applicable law or stock exchange regulation, the
Company undertakes no obligation to update publicly or release any revisions to
these forward-looking statements to reflect events or circumstances after the
date of this document or to reflect the occurrence of unanticipated events.
Accordingly, readers should not place undue reliance on forward-looking
statements.
--- End of Message ---
Crew Gold Corporation
Abbey House, Wellington Way, Weybridge Surrey United Kingdom
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
Final Court Order for Approval of Arrangement:
http://hugin.info/90/R/1473384/409732.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Crew Gold Corporation via Thomson Reuters ONE
[HUG#1473384]
