26th Mar 2009 09:35
Norseman Gold plc / Epic: NGL / Index: AIM / Sector: Mining & Exploration
Norseman Gold plc ("Norseman" or the "Company")
Settlement of purchase of convertible notes
As announced in the half yearly report, Norseman Gold plc is pleased to advise that it has settled the transaction to purchase the outstanding A$15.0 million convertible loan notes for a discounted value of A$10.0 million. The Company is now debt free (other than finance leases taken out in respect of underground mining equipment which have a book value of A$6.8 million).
For further information visit www.norsemangoldplc.com or contact:
David Steinepreis Norseman Gold Plc Tel: 61 (0) 89 420 9300
Barry Cahill Norseman Gold Plc Tel: 61 (0) 89 473 2200
Guy Wilkes Ocean Equities Ltd Tel: 020 7786 4370
Olly Cairns Blue Oar Securities Plc Tel: +61 (0) 8 6430 1631
Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477
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