Severstal Announces Reorganization of Its Holdings in Crew Gold
OREANDA-NEWS. July 12, 2010. Severstal Gold N.V. and Bluecone Limited, subsidiaries of OAO Severstal (“Severstal”) (LSE: SVST; RTS: CHMF), are announcing that Bluecone Limited has transferred its shares of Crew Gold Corporation to Severstal Gold N.V. No change in beneficial ownership has occurred. Severstal continues to be the ultimate beneficial owner of such shares. An updated early warning report under applicable Canadian securities laws will be filed.
OAO Severstal is one of the world’s leading integrated steel and mining companies with listings in
Severstal’s Gold Mining division was established in 2007 and now includes a number of gold mining assets and gold exploration fields in