Update on Approval of Plan of Arrangement

Update on Approval of Plan of Arrangement

ID: 49633

(Thomson Reuters ONE) -
Crew Gold Corporation /
Update on Approval of Plan of Arrangement
Processed and transmitted by Thomson Reuters.
The issuer is solely responsible for the content of this announcement.

December 13, 2010

Update on Approval of Plan of Arrangement



LONDON, United Kingdom: Crew Gold Corporation ("Crew") (TSX, OSE: CRU) announces
that the application for a Final Order approving the arrangement of Crew has
been adjourned to 2:00 PM (Pacific Time) on Wednesday, December 15, 2010
pursuant to an order of Justice L. F. Gower of the Supreme Court of Yukon made
December 10, 2010.

Safe Harbour Statement

Certain statements contained herein that are not statements of historical fact,
may constitute forward-looking statements and are made pursuant to applicable
and relevant national legislation (including the Safe-Harbour provisions of the
United States Private Securities Litigation Reform Act of 1995) in countries
where Crew is conducting business and/or investor relations. Forward-looking
statements, include, but are not limited to those with respect to the timing of
the common share consolidation.

Forward-looking statements involve known and unknown risks, uncertainties and
other factors that could cause the actual results of the Company to be
materially different from the historical results or from any future results
expressed or implied by such forward-looking statements. Although Crew has
attempted to identify important factors that could cause actual events or
results to differ from those described in forward-looking statements contained
herein, there can be no assurance that the forward-looking statements will prove
to be accurate as actual results and future events could differ materially from




those anticipated in such statements.  The material factors and assumptions used
to develop forward-looking statements which may be incorrect, include, but are
not limited to, current estimates of the timing of the closing of the
transaction.

Except as may be required by applicable law or stock exchange regulation, the
Company undertakes no obligation to update publicly or release any revisions to
these forward-looking statements to reflect events or circumstances after the
date of this document or to reflect the occurrence of unanticipated events.
Accordingly, readers should not place undue reliance on forward-looking
statements.


--- End of Message ---

Crew Gold Corporation
Abbey House, Wellington Way, Weybridge Surrey United Kingdom


Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;


Update on Approval Plan of Arrangement:
http://hugin.info/90/R/1471581/408347.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Crew Gold Corporation via Thomson Reuters ONE

[HUG#1471581]


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Bereitgestellt von Benutzer: hugin
Datum: 13.12.2010 - 07:45 Uhr
Sprache: Deutsch
News-ID 49633
Anzahl Zeichen: 3668

contact information:
Town:

Surrey



Kategorie:

Business News



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