Statement regarding share price movement (4709T)
07 December 2011 - 3:19AM
UK Regulatory
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
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