EGU European Gold

TIDMEGU

RNS Number : 4709T

European Goldfields Ltd

06 December 2011

Suite 200, Financial Plaza

204 Lambert Street

Whitehorse, Yukon

Canada Y1A 3T2

For Immediate Release

STATEMENT BY EUROPEAN GOLDFIELDS LIMITED REGARDING SHARE PRICE MOVEMENT

6 December 2011 - European Goldfields Limited (AIM: EGU / TSX: EGU) ("European Goldfields" or the "Company") acknowledges the Company's recent trading activity and announces that the Company has received preliminary and indicative approaches from third parties regarding potential corporate transactions. No formal offers have been received and there can be no assurances that any transaction will result from any of these approaches.

The Company does not intend commenting further on these or other proposals unless a definitive agreement is reached with any third party or unless otherwise required by law.

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. European Goldfields is expected to 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

Enquiries:

 
 European Goldfields                      Liberum Capital Limited 
 Steve Sharpe, SVP Business Development   Michael Rawlinson 
 e-mail: info@egoldfields.com             Tom Fyson 
 Tel: +44 (0)20 7408 9534                 Tel: +44 (0)20 3100 2000 
 
 Brunswick 
 Carole Cable / Fiona Micallef-Eynaud 
 e-mail: egoldfields@brunswickgroup.com 
 Tel: +44 (0)20 7404 5959 
 
 
 Lazard & Co., Ltd           BMO Capital Markets 
  Spiro Youakim               Egizio Bianchini 
  Chris Seherr-Thoss          Gary Mattan 
  Tel: +44 (0)20 7187 2000    Tel: +1 (0) 416 359 4001 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

SPMEAKAKEFDFFFF

Grafico Azioni European Gold (LSE:EGU)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni European Gold (LSE:EGU)
Storico
Da Giu 2023 a Giu 2024