VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2011) - PNG Gold Corporation (TSX VENTURE:PGK) -
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES
PNG Gold Corporation's (the 'Company' or 'PGK') is pleased to announce that the TSX Venture Exchange has issued its Final Exchange Bulletin in respect of the Reverse Takeover transaction described in the Company's Filing Statement dated April 29, 2011 and filed on SEDAR at www.sedar.com . As a result, the Company has met the requirements to be listed as a TSX Venture Tier 2 Company and effective at market open Tuesday, June 21, 2011, the Company's listing will transfer from NEX to TSX Venture Tier 2 and the trading symbol for the Company will change from PGK.H to PGK.
About PNG Gold Corporation
PNG Gold Corporation is the new name of International Silver Ridge Resources Inc., after completion of its business combination with NMC Mining Corp. completed on June 7th, 2011. PNG Gold holds a 50% interest in the Imwauna and Sehulea properties on Normanby Island, Milne Bay Province, Papua New Guinea, and an option to acquire the remaining 50%. PNG Gold trades on the TSX Venture Exchange under the symbol PGK. PNG Gold's mission is to become the premier exploration and development company in Papua New Guinea.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Dick Whittington
President and Chief Executive Officer
604 669 4899
PNG Gold Corporation
Neil MacRae
Investor Relations Manager
604 669 4899