Nov 20 2010
China Gold International Resources Corp. Ltd. (TSX:CGG) confirmed today that it has filed on Sedar a final prospectus, in respect of the previously announced global offering of 53,660,000 of its common shares concurrent with the Company's public listing of Common Shares on The Stock Exchange of Hong Kong.
Under the Global Offering the Company has also agreed to grant the Joint Lead Managers an overallotment option (the "Over-allotment Option") to purchase that number of additional Common Shares equal to up to 15% of the Common Shares issued under the Global Offering. The Common Shares offered under the Global Offering will be issued in reliance of an exemption order issued by the British Columbia Securities Commission. The Common Shares are not qualified for sale in Canada, or to persons ordinarily resident in Canada, nor may they be offered or sold in Canada, directly or indirectly.
The Global Offering will be comprised of both a public offering in Hong Kong and an international private placement and will be offered through Citigroup Global Markets Asia Limited and BOC International as joint book runners and joint lead managers of the Global Offering (together, the "Joint Lead Managers"). All Common Shares of the Company will be tradable on the TSX and the HKSE upon completion of the Global Offering.
This news release has been prepared for publication outside the United States.
Source: China Gold International Resources Corp.