China Gold International Amends and Re-files its 2011 Annual Management’s Discussion and Analysis
16 Abril 2012 - 8:30AM
Business Wire
China Gold International Resources Corp. Ltd. (TSX:
CGG; HKEx: 2099) (the “Company”) announced today that it
has re-filed its Management's Discussion and Analysis (“MD&A”)
for the year ended December 31, 2011 to clarify disclosure
concerning its evaluation of internal controls over financial
reporting and disclosure controls and procedures.
The revised MD&A was re-filed as a result of a review by the
British Columbia Securities Commission and is now available at
www.sedar.com.
The revisions on page 25 of the 2011 MD&A clarify that the
Company’s Chief Executive Officer and Chief Financial Officer have
evaluated the effectiveness of the Company’s internal controls over
financial reporting (“ICFR”) and disclosure controls and procedures
(“DC&P”) and have concluded that the ICFR and DC&P were
effective as of December 31, 2011.
The disclosure in the original MD&A was not clear enough as
to the conclusions on the effectiveness of ICFR and DC&P made
by management. There is no other impact to the financial statements
or MD&A.
About China Gold International Resources Corp. Ltd.
China Gold International Resources Corp. Ltd. is based in
Vancouver, BC, Canada and operates both the CSH Gold Mine in Inner
Mongolia, and the Jiama Copper-Polymetallic Mine in Tibet
Autonomous Region of China. The Company’s objective is to continue
to build shareholder value by growing production at its current
mining operations, expanding its resource base, and aggressively
acquiring and developing new projects internationally. The Company
is listed on the Toronto Stock Exchange (TSX: CGG) and the Main
Board of The Stock Exchange of Hong Kong Limited (HKEx:2099).
Forward-looking statements
Certain statements made herein, and other statements relating to
matters that are not historical facts and statements of our
beliefs, intentions and expectations about developments, results
and events which will or may occur in the future, constitute
"forward-looking information" within the meaning of applicable
securities legislation. Forward-looking information and statements
are typically identified by words such as "anticipate", "could",
"should", "expect", "seek", "may", "intend", "likely", "plan",
"estimate", "will", "believe" and similar expressions suggesting
future outcomes or statements regarding an outlook. All such
forward-looking information and statements are based on certain
assumptions and analysis made by China Gold International Resources
Corp. Ltd.’s management in light of their experience and perception
of historical trends, current conditions and expected future
developments, as well as other factors management believes are
appropriate in the circumstances. These statements, however, are
subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from
those projected in the forward-looking information or statements.
Important factors that could cause actual results to differ from
these forward-looking statements include those described under the
heading “Risks and Uncertainties” elsewhere in the Company's
MD&A filed at www.SEDAR.com. The reader is cautioned not to
place undue reliance on forward-looking information or statements.
Except as required by law the Company does not assume the
obligation to revise or update these forward looking statements
after the date of this document or to revise them to reflect the
occurrence of future, unanticipated events.
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