China Gold International Joins Hang Seng Composite Index
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/07/11 -- China Gold International Resources Corp. Ltd. ('China Gold International' or the 'Company'), (TSX: CGG)(HK: 2099), is pleased to announce today that the Company has been added to the Hang Seng Composite Index, as well as its sub-indexes, Hang Seng Industry Index and Hang Seng Composite Size Index, effective today.
Mr. Sun Zhaoxue, Chairman of China Gold International, stated 'the Hang Seng Composite Index is an important benchmark index in the global capital markets and we are honored to be selected. This development reflects the Company's recent growth and outstanding operating performance. We believe that this development will be well received by investors, and will further enhance our presence in the global capital market.'
The Hang Seng Composite Index is a comprehensive development market benchmark that covers approximately 90% of the total market capitalization of companies listed on the Main Board of the HKSE, as at December 31st 2010, there are approximately 370 listings in the Hang Seng Composite Index.
About China Gold International Resources Corp. Ltd
China Gold International is the overseas flagship company of China National Gold Group Corporation. The Company owns and operates the CSH Gold Mine in Inner Mongolia, China and the Jiama Copper Pollymetallic Mine in Tibet, and has an exclusive mandate to develop the mining business of the China Gold Group internationally. The Company is dual-listed on the Toronto Stock Exchange and the HKSE.
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.
Contacts:
China Gold International Resources Corp. Ltd.
Frank Lagiglia
Investor Relations Manager
1.778.668.9883
info-chinagoldintl@chinagoldintl.com
www.chinagoldintl.com