Vancouver, British Columbia -- (
Marketwire - Sept. 30, 2010) -
China Gold International Resources Corp. Ltd. (“CGG“) (TSX: CGG) announced today that ISS Proxy Advisory Services and Glass Lewis & Co., two leading, independent proxy advisory firms, have recommended that shareholders vote in favor of the resolution to approve CGG's purchase of 100% of Skyland Mining (Jiama Mine) from China National Gold Hong Kong and Rapid Result Investments Ltd. at the company's special meeting of shareholders on October 14, 2010.
Zhaoxue Sun, Chairman of CGG, commented, “We are delighted with the independent advisor recommendations, as it provides added confidence to shareholders regarding the Jiama transaction.“
The following toll-free telephone number for shareholder inquiries about the Special Meeting has been established, or shareholders can contact CGG investor relations: 1-877-304-0211. (assistance@laurelhill.com).
About China Gold International Resources Corp. Ltd.:
China Gold International Resources Corp. Ltd. is a mining company whose principal property is the CSH Gold Mine. The Company began producing gold at the CSH Gold Mine in July 2007. The Company's shares are listed on the TSX under the symbol “CGG“. China National Gold Group Corporation, a Chinese state-owned enterprise owns approximately 39% of China Gold International Resources Corp. Ltd. shares.
Forward-looking statements
Certain statements made herein, including 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 Canadian securities legislation and “forward-looking statements“ within the meaning of the “safe harbor“ provisions of the United States Private Securities Litigation Reform Act of 1995. 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 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.
For more information, please contact
China Gold International Resources Corp Ltd.
Frank Lagiglia
Investor Relations Manager
+1.778.668.9883
info@chinagoldintl.com
www.chinagoldintl.com
