Allied Gold Limited
ASX : ALD
AIM : AGLD
TSX : ALG

Allied Gold Limited

September 03, 2010 09:13 ET

Allied Gold Limited: ASX Price Query

TORONTO, ONTARIO--(Marketwire - Sept. 3, 2010) - Allied Gold Limited (TSX:ALG)(ASX:ALD)(AIM:AGLD) -

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRES.

The Company provided a response today to a Price Query raised by the Australian Stock Exchange (ASX).

The ASX noted that there had been a material change in the price and volume of trading in the Company's securities today on the ASX and sought clarification on whether the Company was aware of any specific information concerning it that had not been announced which, if known, could be an explanation for the recent increase in price or volume in trading in the Company's securities.

The Company responded and advised that there was no such information and confirmed that it was in compliance with ASX Listing Rule 3.1 pertaining to continuous disclosure.

Forward-Looking Statements

This press release contains forward-looking statements concerning the projects owned by Allied Gold. Statements concerning mineral reserves and resources may also be deemed to be forward-looking statements in that they involve estimates, based on certain assumptions, of the mineralisation that will be found if and when a deposit is developed and mined. Forward-looking statements are not statements of historical fact, and actual events or results may differ materially from those described in the forward-looking statements, as the result of a variety of risks, uncertainties and other factors, involved in the mining industry generally and the particular properties in which Allied has an interest, such as fluctuation in gold prices; uncertainties involved in interpreting drilling results and other tests; the uncertainty of financial projections and cost estimates; the possibility of cost overruns, accidents, strikes, delays and other problems in development projects, the uncertain availability of financing and uncertainties as to terms of any financings completed; uncertainties relating to environmental risks and government approvals, and possible political instability or changes in government policy in jurisdictions in which properties are located.

Forward-looking statements are based on management's beliefs, opinions and estimates as of the date they are made, and no obligation is assumed to update forward-looking statements if these beliefs, opinions or estimates should change or to reflect other future developments. 

Contact Information

  • Allied Gold Limited
    Simon Jemison
    Investors and Media (Aust)
    + 61 (0) 418 853 922
    or
    Allied Gold Limited
    Rebecca Greco
    Investors (North America)
    +1 416 839 8610
    or
    Allied Gold Limited
    David Simonson
    Merlin PR (UK)
    + 44 (0) 20 7726 8400