Highlights
- The research report underpins a prospective
Northgold valuation ofSEK18.50 /sh, based on the average enterprise value (“EV”) per resource ounce (“oz”) for Orior’s selected comparable peer group, applied to Northgold’s mineral resources. - Increased mineral resources at Kopsa, and the results of the geophysics survey highlight significant development potential.
- New CEO appointed to drive growth.
Please note that the opinions, estimates or forecasts concerning
About
For additional information, please contact the CEO
Email: ir@northgoldab.com
Website: www.northgoldab.com
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About
Forward-looking statements
This announcement may contain certain forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “intends”, “estimate”, “will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies, and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies, and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this communication speak only as at its date and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm or release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.
The information, estimates, and forward-looking statements contained in this announcement are valid only as of the date of this announcement and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or publish any adjustments regarding any forward-looking statements to reflect events that occur or circumstances that arise regarding the content of this notice.
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