Stockholm, 2011-11-23 12:58 CET (GLOBE NEWSWIRE) --
· Consolidated total income for the reporting period amounted to MSEK 163.2 (MSEK 179.5) and to MSEK 67.9 (MSEK 105.1) for the third quarter.
· Total production from current production units during January-September 2011 was 315 kg (424 kg) of which 143 kg (243 kg) was produced in the third quarter.
· The amount of gold produced from hard rock gold mining operations during January-September 2011 was 258 kg (231 kg) of which 106 kg (135 kg) was produced in the third quarter.
· EBITDA for the period January-September 2011was MSEK –17.5 (MSEK 24.1) and for the third quarter MSEK 6.2 (MSEK 16.6).
· The net result, after tax and non-controlling interest, was MSEK -56.7 (MSEK -22.7) for the reporting period and MSEK -27.4 (MSEK –11.3) for the third quarter.
· Earnings per share for the period January-September 2011 was SEK -3.34 (SEK -6.87) and SEK -1.51 (SEK -1.79) for the third quarter.
· During the reporting period, all shares in the alluvial producing subsidiary LLC Artelj Lena was sold in two tranches for a total consideration of MRUB 100, approx. MSEK 22.
· A directed new share issuance of MSEK 28 to a limited number of selected qualified investors was completed on July 28.
Lars Guldstrand, Chairman of the Board of Central Asia Gold AB,
phone +46 70 528 8181, E-mail: lars.guldstrand@centralasiagold.se
Preston Haskell, CEO of Central Asia Gold AB, phone +46 76 890 5549
E-mail: preston.haskell@centralasiagold.se
