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Provider: Thomson Reuters Stock Report

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Norton Gold Fields Limited Announces Further Details On Off-Market Takeover Offer From Zijin Mining Group Co Ltd's Subsidiary; Appoints Non-Executive Chairman of the Board

Friday, 3 Aug 2012 01:54am EDT 

Norton Gold Fields Limited (Norton) announced that Jinyu (H.K.) International Mining Company Limited (Jinyu), a wholly-owned subsidiary of Zijin Mining Group Co Ltd (Zijin), has confirmed to the Company that it has received acceptances for its off-market takeover for Norton such that the Zijin group has a relevant interest in more than 50% of the Norton shares (including the Zijin group's pre-existing 16.98% shareholding). Norton also announced that it has appointed Mr. Jinghe Chen as Non-Executive Chairman of the Board, replacing Mr. Tim Prowse, who will remain in the Company's Board as Non-Executive Director. 

Company Quote

-0.015 -12.00%
17 Apr 2014