Centerra Gold Comments on Media Reports Regarding Kumtor
TORONTO, ONTARIO -- May 12, 2008 - Centerra Gold Inc. (TSX: CG) reported that according to press reports today the Supreme Court of the Kyrgyz Republic has issued an order to the Government suspending certain of the Company's agreements and licenses in relation to the Kumtor Project, pending resolution of claims currently before the lower courts. According to the reports, the order was issued pursuant to an application to the Supreme Court by the vice-speaker of the Kyrgyz Parliament and in relation to earlier proceedings begun by the vice-speaker in a lower court against the Government, as previously reported on by the Company in its first quarter report. The Company is seeking further information and will seek clarification from the Government. The Company is not party to any of the proceedings, did not receive any notice of the application to the Supreme Court and has not received any official notice of the order. As the Company has previo
usly stated, disputes with respect to the project are subject to international arbitration.
About Centerra
Centerra is a growth-oriented, gold Company focused on acquiring, exploring, developing and operating gold properties primarily in Central Asia, the former Soviet Union and other emerging markets worldwide. Centerra is a leading North American-based gold producer and the largest Western-based gold producer in Central Asia and the former Soviet Union. Centerra's shares trade on the Toronto Stock Exchange under the symbol CG. The Company is based in Toronto, Canada.
Additional information
ADDITIONAL INFORMATION ON CENTERRA IS AVAILABLE ON SEDAR AT WWW.SEDAR.COM AND THE COMPANY'S WEBSITE AT WWW.CENTERRAGOLD.COM. 
CONTACT INFORMATION:
CENTERRA GOLD INC.
JOHN W. PEARSON
DIRECTOR, INVESTOR RELATIONS
(416) 204-1241
WEBSITE: WWW.CENTERRAGOLD.COM
RENMARK FINANCIAL COMMUNICATIONS INC.
HENRI PERRON : HPERRON@RENMARKFINANCIAL.COM
VICTORIA STEPANOVA : VSTEPANOVA@RENMARKFINANCIAL.COM
TEL. : (514) 939-3989
FAX : (514) 939-3717
WWW.RENMARKFINANCIAL.COM
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Centerra Gold Inc
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PRODUCTEUR |
CODE : CG.TO |
ISIN : CA1520061021 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Centerra Gold est une société de production minière d'or basée au Canada. Centerra Gold détient divers projets d'exploration in Russia. Ses principaux projets en production sont KUMTOR au Kirghizistan et BOROO en Mongolie, son principal projet en développement est GATSUURT en Mongolie et ses principaux projets en exploration sont AKARCA en Turquie et REN et KARA BELDYR in Russia. Centerra Gold est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,4 milliards CA$ (1,8 milliards US$, 1,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 24 octobre 2008 à 0,79 CA$, et son plus haut niveau récent le 21 avril 2023 à 9,99 CA$. Centerra Gold possède 291 280 000 actions en circulation. |