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Statement re. Press Comments

26th Jan 2010 09:41

RNS Number : 1228G
Allied Gold Limited
26 January 2010
 



FOR IMMEDIATE RELEASE 26 January 2010

Allied Gold limited

("Allied", "Allied Gold" or "the Company")

Media Release

ALLIED GOLD DENIES Allegations of Mercenaries

AT Simberi Gold PROJECT

Allied Gold Limited ("Allied Gold" or the "Company") (TSX:ALG; ASX:ALD; AIM:AGLD) notes and rejects outright the allegations against it in recent press publications in Papua New Guinea (and reported on Bloomberg) relating to the hiring of Fijian mercenaries in relation to the Company's operations at the Simberi Gold Project in Papua New Guinea.

These allegations are totally misinformed. While the Company has engaged certain contractors/employees to assist it with security at the Simberi Gold Project, none of these contractors/employees are mercenaries and all of the Company's employees and consultants are engaged under official PNG Government issued legal visas.

The Company's wholly-owned subsidiary, Simberi Gold Company, is authorised and has operated and continues to operate within the terms and conditions of its operating permits in PNG.

The Company has a policy of positively engaging with the various PNG Government departments and Ministers to ensure they receive the accurate and factual information that they require.

None of the ASX, TSX or London Stock Exchange plc has reviewed, and do not accept responsibility for, the adequacy or accuracy of this release.

For more information: 

 

Mark Caruso

Executive Chairman

T:+61 7 93252 5911

Roland Cornish

Beaumont Cornish Limited 

T: +44 (0) 20 7628 3396

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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