nord gold nv-gdr 144a (NGOLY) Snapshot

Nord Gold N.V. announced at its AGM held on June 04, 2013, shareholders approved the appointment of Deloitte Accountants B.V. as external auditor of the company with immediate effect until the annual general meeting of the company in 2014.

Nord Gold N.V. announced that its shareholders approved the maiden and final dividend for the financial year 2012 of 11.8 cents per ordinary share in cash was adopted at the Meeting. The dividend is payable on June 28, 2013, record date is June 14, 2013 and ex dividend date is June 12, 2013. The shareholders also approved amendment of the articles of association of the company.

Nord Gold N.V. (LSE:NORD) is looking at acquiring a junior geological exploration company in Africa. Chief Executive Officer of Nord Gold, Nikolai Zelensky said: “Currently, the value of a number of companies slumped many times in comparison with 2011 amid the current market situation. From our point of view, many of them are underestimated. It is mostly seen in junior exploration companies.” He added: “There is a possibility to choose. Most of these companies dropped 80%-90%... We are studying this possibility and do not exclude possible small acquisitions.” He also stated that Burkina Faso is a priority country for Nord Gold.