CAG carries out a reversed split in accordance with the decision taken at the
EGM on March, 12, 2009 with the conditions 1:200 which implies that two hundred
shares (200) will be one (1) share and that the share price is expected to be
corrected in a similar way. The last day of trade with CAG´s shares before the
reversed split is Tuesday July, 14, 2009. From Wednesday July, 15, 2009 the
share will thus be traded in accordance with the conditions mentioned above.
The record day is Friday July, 17, 2009.
The company has as per today 3 530 625 000 shares registered as the Swedish
Companies Registration Office. After the reversed split the company will have
17 653 125 shares registered at the Swedish Companies Registration Office. In
connection with the reversed spilt the round lot in CAG will be adjusted from
the existing one of 10 000 shares. The new round lot will be 100 shares.
Theoretical calculation of the reversed split 1:200
Holding before the reversed split= 1000 shares. Theoretical share price before
the reversed split 0,16 SEK
Holding after reversed split= 5 shares. Theoretical share price after reversed
split 32 SEK.
For more information, please contact:
Vice Chairman Lars Guldstrand, cell phone +46 705 28 81 81, email:
lars.guldstrand@centralasiagold.se
MD Sergey Gorbachev, tel: + 7 495 645 00 79, fax: +46 (0)8 624 37 20, e-mail:
s.gorbachev@centralasiagold.se, website: www.centralasiagold.se, Postal and
visiting address: Brovägen 9, SE-182 76 Stocksund
For technical questions, please contact:
Mangold Fondkommission AB, tel: +46 (0)8 503 01 580 , fax: +46 (0)8 503 01 551,
email: backoffice@mangold.se
Central Asia Gold AB is a Swedish mining company focused on gold production and
exploration in Russia and Mongolia in the central parts of Asia. The gold
production was initiated in late January 2005 and the assets were as at end of
2008 estimated to encompass some 800,000 troy ounces (1 troy ounce = 31.1 g) of
C1/ C2 Russian gold reserves.
Cautionary Statement: Statements and assumptions made in this report with
respect to Central Asia Gold AB's ("CAG") current plans, estimates, strategies
and beliefs, and other statements that are not historical facts, are
forward-looking statements about the future performance of CAG. Forward-looking
statements include, but are not limited to, those using words such as "may",
"might", "seeks", "expects", "anticipates", "estimates", "believes",
"projects", "plans", strategy", "forecast" and similar expressions. These
statements reflect management's expectations and assumptions in light of
currently available information. They are subject to a number of risks and
uncertainties, including, but not limited to, (i) changes in the economic,
regulatory and political environments in the countries where CAG operates; (ii)
changes relating to the geological information available in respect of the
various projects undertaken; (iii) CAG's continued ability to secure enough
financing to carry on its operations as a going concern; (iv) the success of
its potential joint ventures and alliances, if any; (v) exchange rates,
particularly between the Russian rouble and the U.S. dollar. In the light of
the many risks and uncertainties surrounding any gold production and
exploration company at an early stage of its development, the actual results
could differ materially from those presented and forecast in this report. CAG
assumes no unconditional obligation to immediately update any such statements
and/or forecasts.
