Posted On: 06/09/2016 5:13:12 AM
Post# of 273258
Centerra Gold Inc (CAGDF) 5.5313 $CAGDF
Centerra Provides Update on Kyrgyz Republic Legal Proceedings and Restrictive Measures Against Kumtor and Its Personnel
Marketwired - Mon Jun 06, 5:00AM CDT
TORONTO, ON--(Marketwired - June 06, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company"
is providing an update on Kyrgyz Republic legal proceedings and restrictive measures imposed by Kyrgyz Republic courts and state authorities on Centerra's Kyrgyz Republic subsidiaries and senior management personnel. Such measures, together with other actions taken by Kyrgyz Republic courts and state authorities previously reported on by the Company, are clear breaches of the agreements governing the Kumtor Project and, in aggregate, threaten to deprive Centerra of its fundamental rights to exercise effective management control over, and enjoy the economic benefits of ownership of, the Kumtor Project. As previously announced, Centerra has initiated international arbitration proceedings to challenge the Kyrgyz Republic's claims and actions. The Company is also evaluating the full range of additional options for responding to the actions of Kyrgyz Republic courts and state authorities.
CG.TO: 6.94 (+0.04)
Centerra Gold Delivers Notice of Arbitration to Kyrgyz Republic Government
Marketwire Canada - Mon May 30, 9:23PM CDT
TORONTO, ON--(Marketwired - May 30, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company" reports that it has delivered a notice of arbitration (the "Notice" to the Kyrgyz Republic Government in connection with certain ongoing disputes relating to the Kumtor Project. These include: (i) each of the environmental claims brought by the Kyrgyz Republic State Inspectorate Office for Environmental and Technical Safety ("SIETS" and the State Agency for Environment Protection and Forestry ("SAEPF"; (ii) the claims of the Kyrgyz Republic General Prosecutor's Office seeking to unwind a U.S.$200 million inter-corporate dividend paid by Kumtor Gold Company ("KGC" to Centerra in December 2013 and the related search of KGC's Bishkek office; and (iii) the withholding of environmental approvals of Kumtor's 2016 annual mine plan as well as the withholding of certain key operating and environmental permits required for Kumtor's operations. Under the 2009 Restated Investment Agreement, the arbitration will be determined by a single arbitrator. Centerra has proposed the name of an arbitrator and, failing agreement, will apply to the Permanent Court of Arbitration in The Hague, the Netherlands to appoint an arbitrator. The arbitration proceedings will be held at Stockholm, Sweden and will be conducted under the UNCITRAL rules of arbitration and the governing law will be the law of the State of New York.
CG.TO: 6.94 (+0.04)
Centerra Gold Provides Update on Kyrgyz Republic Environmental Claims
Marketwired - Wed May 25, 2:35PM CDT
TORONTO, ON--(Marketwired - May 25, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company" reports that the Bishkek Inter-District Court in the Kyrgyz Republic today ruled against Kumtor Operating Company ("KOC", Centerra's wholly-owned subsidiary, on an environmental claim brought by the State Inspectorate Office for Environmental and Technical Safety of the Kyrgyz Republic ("SIETS" and awarded damages of 6,698,878,290 Kyrgyz soms (approximately U.S.$98.4 million). SIETS alleged that the placement of waste rock on Kumtor's waste dumps is subject to tariffs that are normally applicable to industrial or domestic waste. The Inter-District Court's ruling today followed a ruling yesterday against KOC in a claim brought by SIETS in relation to unrecorded wastes from Kumtor's effluent and sewage treatment plants which awarded 663,839 Kyrgyz soms (approximately U.S.$10,000). Centerra and KOC strongly dispute the SIETS claims and will appeal both decisions to the Bishkek City Court and, if necessary, to the Kyrgyz Republic Supreme Court. Centerra and KOC have expressly reserved their rights to refer such disputes to international arbitration.
CG.TO: 6.94 (+0.04)
Centerra Gold Announces Election of Directors
Marketwire Canada - Tue May 17, 1:44PM CDT
TORONTO, ON--(Marketwired - May 17, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company" announced that the eleven nominees listed in the management information circular for the 2016 Annual Meeting of Shareholders (the "Meeting" held earlier today were elected as directors of Centerra. The vote for director nominees was conducted by ballot. 211,931,501 shares were voted at the Meeting, representing 87.57% of Centerra's issued and outstanding common shares. The detailed results of the vote are set out below:
CG.TO: 6.94 (+0.04)
Centerra Gold Announces Quarterly Dividend of C$0.04 Per Share
Marketwired - Tue May 03, 4:57PM CDT
Centerra Gold Inc. (TSX: CG) announced today that its Board of Directors has authorized a quarterly dividend of C$0.04 per common share or C$9,680,377 (approximately US$7.6 million at the current exchange rate). The dividend of C$0.04 per common share is payable on June 2, 2016 to shareholders of record on May 19, 2016. The ex-dividend date will be May 17, 2016.
CG.TO: 6.94 (+0.04)
Centerra Gold 2016 First Quarter Results
Marketwired - Tue May 03, 4:52PM CDT
Centerra Gold Inc. (TSX: CG)
CG.TO: 6.94 (+0.04)
Leading Independent Advisory Firms ISS and Glass Lewis Recommend That Shareholders of Centerra Gold Inc. Vote for All Director Nominees and Resolutions at the Annual Meeting of Shareholders
Marketwired - Tue May 03, 1:25PM CDT
Centerra Gold Inc. ("Centerra" or the "Company" (TSX: CG) is pleased to announce that both Institutional Shareholder Services Inc. ("ISS" and Glass Lewis and Co., LLC ("Glass Lewis", two leading independent proxy advisory firms, have recommended that shareholders of Centerra Gold Inc. vote FOR all of the nominees for director to the board and FOR the appointment of KPMG LLP as auditors for the Company at the annual meeting of shareholders to be held on May 17, 2016 (the "Meeting".
CG.TO: 6.94 (+0.04)
IIROC Trade Resumption - Centerra Gold Inc.
Newsfile Corp - Thu Apr 28, 11:21AM CDT
Trading resumes in:
Centerra Gold Reports Search of Kumtor Gold Company's Bishkek Office
Marketwired - Thu Apr 28, 11:13AM CDT
Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company" reports that the Kyrgyz Republic General Prosecutor's Office ("GPO" and other state law enforcement agencies conducted a search at the Bishkek offices of Kumtor Gold Company ("KGC", Centerra's wholly-owned, Kyrgyz Republic subsidiary, on the afternoon of Thursday, April 28. According to a news release issued by the GPO, the purpose of the search appears to be to collect documents relevant to a criminal case relating to alleged financial violations by KGC in connection with past inter-corporate transactions between KGC and Centerra. Mine operations remain unaffected by the GPO's action.
CG.TO: 6.94 (+0.04)
CORRECTION FROM SOURCE: IIROC Trade Halt - Centerra Gold Inc.
Newsfile Corp - Thu Apr 28, 8:49AM CDT
The following issues have been halted by IIROC:
Stans Energy to Seek Definition of Kyrgyz Assets in Ontario Court of Justice
Filing Services Canada XHTML - Mon Apr 11, 12:54PM CDT
HRE.VN: 0.020 (unch), CG.TO: 6.94 (+0.04)
Centerra Provides Update on Kyrgyz Republic Legal Proceedings and Restrictive Measures Against Kumtor and Its Personnel
Marketwired - Mon Jun 06, 5:00AM CDT
TORONTO, ON--(Marketwired - June 06, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company"
is providing an update on Kyrgyz Republic legal proceedings and restrictive measures imposed by Kyrgyz Republic courts and state authorities on Centerra's Kyrgyz Republic subsidiaries and senior management personnel. Such measures, together with other actions taken by Kyrgyz Republic courts and state authorities previously reported on by the Company, are clear breaches of the agreements governing the Kumtor Project and, in aggregate, threaten to deprive Centerra of its fundamental rights to exercise effective management control over, and enjoy the economic benefits of ownership of, the Kumtor Project. As previously announced, Centerra has initiated international arbitration proceedings to challenge the Kyrgyz Republic's claims and actions. The Company is also evaluating the full range of additional options for responding to the actions of Kyrgyz Republic courts and state authorities. CG.TO: 6.94 (+0.04)
Centerra Gold Delivers Notice of Arbitration to Kyrgyz Republic Government
Marketwire Canada - Mon May 30, 9:23PM CDT
TORONTO, ON--(Marketwired - May 30, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company"
reports that it has delivered a notice of arbitration (the "Notice" to the Kyrgyz Republic Government in connection with certain ongoing disputes relating to the Kumtor Project. These include: (i) each of the environmental claims brought by the Kyrgyz Republic State Inspectorate Office for Environmental and Technical Safety ("SIETS" and the State Agency for Environment Protection and Forestry ("SAEPF"; (ii) the claims of the Kyrgyz Republic General Prosecutor's Office seeking to unwind a U.S.$200 million inter-corporate dividend paid by Kumtor Gold Company ("KGC" to Centerra in December 2013 and the related search of KGC's Bishkek office; and (iii) the withholding of environmental approvals of Kumtor's 2016 annual mine plan as well as the withholding of certain key operating and environmental permits required for Kumtor's operations. Under the 2009 Restated Investment Agreement, the arbitration will be determined by a single arbitrator. Centerra has proposed the name of an arbitrator and, failing agreement, will apply to the Permanent Court of Arbitration in The Hague, the Netherlands to appoint an arbitrator. The arbitration proceedings will be held at Stockholm, Sweden and will be conducted under the UNCITRAL rules of arbitration and the governing law will be the law of the State of New York. CG.TO: 6.94 (+0.04)
Centerra Gold Provides Update on Kyrgyz Republic Environmental Claims
Marketwired - Wed May 25, 2:35PM CDT
TORONTO, ON--(Marketwired - May 25, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company"
reports that the Bishkek Inter-District Court in the Kyrgyz Republic today ruled against Kumtor Operating Company ("KOC", Centerra's wholly-owned subsidiary, on an environmental claim brought by the State Inspectorate Office for Environmental and Technical Safety of the Kyrgyz Republic ("SIETS" and awarded damages of 6,698,878,290 Kyrgyz soms (approximately U.S.$98.4 million). SIETS alleged that the placement of waste rock on Kumtor's waste dumps is subject to tariffs that are normally applicable to industrial or domestic waste. The Inter-District Court's ruling today followed a ruling yesterday against KOC in a claim brought by SIETS in relation to unrecorded wastes from Kumtor's effluent and sewage treatment plants which awarded 663,839 Kyrgyz soms (approximately U.S.$10,000). Centerra and KOC strongly dispute the SIETS claims and will appeal both decisions to the Bishkek City Court and, if necessary, to the Kyrgyz Republic Supreme Court. Centerra and KOC have expressly reserved their rights to refer such disputes to international arbitration. CG.TO: 6.94 (+0.04)
Centerra Gold Announces Election of Directors
Marketwire Canada - Tue May 17, 1:44PM CDT
TORONTO, ON--(Marketwired - May 17, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company"
announced that the eleven nominees listed in the management information circular for the 2016 Annual Meeting of Shareholders (the "Meeting" held earlier today were elected as directors of Centerra. The vote for director nominees was conducted by ballot. 211,931,501 shares were voted at the Meeting, representing 87.57% of Centerra's issued and outstanding common shares. The detailed results of the vote are set out below: CG.TO: 6.94 (+0.04)
Centerra Gold Announces Quarterly Dividend of C$0.04 Per Share
Marketwired - Tue May 03, 4:57PM CDT
Centerra Gold Inc. (TSX: CG) announced today that its Board of Directors has authorized a quarterly dividend of C$0.04 per common share or C$9,680,377 (approximately US$7.6 million at the current exchange rate). The dividend of C$0.04 per common share is payable on June 2, 2016 to shareholders of record on May 19, 2016. The ex-dividend date will be May 17, 2016.
CG.TO: 6.94 (+0.04)
Centerra Gold 2016 First Quarter Results
Marketwired - Tue May 03, 4:52PM CDT
Centerra Gold Inc. (TSX: CG)
CG.TO: 6.94 (+0.04)
Leading Independent Advisory Firms ISS and Glass Lewis Recommend That Shareholders of Centerra Gold Inc. Vote for All Director Nominees and Resolutions at the Annual Meeting of Shareholders
Marketwired - Tue May 03, 1:25PM CDT
Centerra Gold Inc. ("Centerra" or the "Company"
(TSX: CG) is pleased to announce that both Institutional Shareholder Services Inc. ("ISS" and Glass Lewis and Co., LLC ("Glass Lewis", two leading independent proxy advisory firms, have recommended that shareholders of Centerra Gold Inc. vote FOR all of the nominees for director to the board and FOR the appointment of KPMG LLP as auditors for the Company at the annual meeting of shareholders to be held on May 17, 2016 (the "Meeting". CG.TO: 6.94 (+0.04)
IIROC Trade Resumption - Centerra Gold Inc.
Newsfile Corp - Thu Apr 28, 11:21AM CDT
Trading resumes in:
Centerra Gold Reports Search of Kumtor Gold Company's Bishkek Office
Marketwired - Thu Apr 28, 11:13AM CDT
Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company"
reports that the Kyrgyz Republic General Prosecutor's Office ("GPO" and other state law enforcement agencies conducted a search at the Bishkek offices of Kumtor Gold Company ("KGC", Centerra's wholly-owned, Kyrgyz Republic subsidiary, on the afternoon of Thursday, April 28. According to a news release issued by the GPO, the purpose of the search appears to be to collect documents relevant to a criminal case relating to alleged financial violations by KGC in connection with past inter-corporate transactions between KGC and Centerra. Mine operations remain unaffected by the GPO's action. CG.TO: 6.94 (+0.04)
CORRECTION FROM SOURCE: IIROC Trade Halt - Centerra Gold Inc.
Newsfile Corp - Thu Apr 28, 8:49AM CDT
The following issues have been halted by IIROC:
Stans Energy to Seek Definition of Kyrgyz Assets in Ontario Court of Justice
Filing Services Canada XHTML - Mon Apr 11, 12:54PM CDT
HRE.VN: 0.020 (unch), CG.TO: 6.94 (+0.04)
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