Financial Statements and MDA for the Quarter and Six Months Ended
June 30, 2009
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ DATE: August 17, 2009TRADING SYMBOLS; TORONTO AND OSLO - CRUN E W S R E L E A S EFinancial Statements and MDA for the Quarter and SixMonths Ended June 30, 2009LONDON, United Kingdom, August 17, 2009 - Crew GoldCorporation ("Crew" or "the Company") (TSE & OSE: CRU)Please find attached the following:-Interim Consolidated Financial StatementsQuarter and Six Months ended June 30, 2009 (Unaudited)Management's Discussion and Analysis of FinancialCondition and Results of OperationsFor the Quarter and Six Months ended June 30, 2009Certificate of Interim FilingsWilliam LeClairInterim CEOSafe Harbour StatementCertain statements contained herein that are notstatements of historical fact, may constitute forward-looking statements and are made pursuant toapplicable and relevant national legislation(including the Safe-Harbour provisions of the UnitedStates Private Securities Litigation Reform Act of1995) in countries where Crew is conducting businessand/or investor relations. Forward-lookingstatements, include, but are not limited to thosewith respect to (1) the price of gold, (2) theestimation of mineral reserves and resources, (3) therealization of mineral reserves estimates, (4) thetiming and amount of estimated future success ofexploration activities, (5) the timing and amount ofproduction estimates, (6) targeted production cashcosts and forecasted cash reserves, (7) Crews hedgingpractices, (8) currency fluctuations, (9)requirements for additional capital, (10) governmentregulation of mining operations, (11) environmentalrisk, (12) title disputes or claims limitations oninsurance coverage, (13) the timing and possibleoutcome of pending litigation, (14) the timing andterms of Crews proposed rights offering (15) expectedcost reductions, and (16) the expected futurecapacity and success of the LEFA mine and itsexpansion potential. Often, but not always, forward-looking statements can be identified by the use ofwords such as plans, expects, does not expect, isexpected, targets, budget, estimates, forecasts,intends, anticipates or does not anticipate, orbelieves, or equivalents or variation, includingnegative variation, of such words and phrases, orstate that certain actions, events or results, may,could, would, might or will be taken, occur or beachieved.Forward-looking statements involve known and unknownrisks, uncertainties and other factors that couldcause the actual results of the Company to bematerially different from the historical results orfrom any future results expressed or implied by suchforward-looking statements. Such risks anduncertainties include, among others, (1) the actualresults of current exploration activities, (2)conclusions of economic evaluations, (3) changes inproject parameters as plans continue to be refined,(4) possible variations in grade and ore densities orrecovery rates, (5) failure of plant, equipment orprocesses to operate as anticipated, (6) accidents,labour disputes and other risks of the miningindustry, (7) delays in obtaining governmentapprovals or financing or in completion ofdevelopment or construction activities, and (8) risksand uncertainties existing in world capital marketsgenerally. Although Crew has attempted to identifyimportant factors that could cause actual events orresults to differ from those described in forward-looking statements contained herein, there can be noassurance that the forward-looking statements willprove to be accurate as actual results and futureevents could differ materially from those anticipatedin such statements.The material factors and assumptions used to developforward-looking statements which may be incorrect,include, but are not limited to, (1) there being nosignificant disruptions affecting operations, whetherdue to labour disruptions, supply disruptions, damageto equipment or otherwise, (2) continued development,operation and production at LEFA and Maco consistentwith our current expectations, (3) foreign exchangerates among the currencies the Crew does business inbeing approximately consistent with current levels,(4) certain price assumptions for gold, (5) pricesfor electricity, fuel oil and other key suppliesremaining consistent with current levels, (6)production forecasts meeting expectations, (7) theaccuracy of our current mineral reserve and mineralresource estimates, and (8) materials and labourcosts increasing on a basis consistent with Crewsexpectations.Except as may be required by applicable law or stockexchange regulation, the Company undertakes noobligation to update publicly or release anyrevisions to these forward-looking statements toreflect events or circumstances after the date ofthis document or to reflect the occurrence ofunanticipated events. Accordingly, readers should notplace undue reliance on forward-looking statements.Cautionary Note to US investors The United StatesSecurities and Exchange Commission permits US miningcompanies, in their filings with the SEC, to discloseonly those mineral deposits that a company caneconomically and legally extract or produce. We usecertain terms in this document, such as measured,indicated, and inferred resources, which the SECguidelines strictly prohibit US registered companiesfrom including in their filings with the SEC. USInvestors are urged to consider closely thedisclosure from the SECs website athttp://www.sec.gov/edgar.shtml.http://hugin.info/90/R/1335103/317189.pdfhttp://hugin.info/90/R/1335103/317190.pdfhttp://hugin.info/90/R/1335103/317191.pdf --- End of Message ---Crew Gold CorporationAbbey House, Wellington Way, Weybridge Surrey United KingdomWKN: 226534105 ; ISIN: CA2265344028; ;
Datum: 17.08.2009 - 08:50 Uhr
Sprache: Deutsch
News-ID 4770
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 257 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Financial Statements and MDA for the Quarter and Six Months Ended
June 30, 2009"
steht unter der journalistisch-redaktionellen Verantwortung von
Crew Gold Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
