China Gold International Amends and Re-files its 2011 Annual Management′s Discussion and Analysis
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.
China Gold International Resources Corp. Ltd.
Stefanie
Makagon: Investor Relations Manager
+1.604.695 5032
+86.10.8413.5708
stefaniem@chinagoldintl.com
www.chinagoldintl.com