PNG Gold Corporation
TSX VENTURE : PGK

PNG Gold Corporation

June 21, 2011 09:11 ET

PNG Gold Corporation Graduates to Tier 2 Listing on TSX Venture Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2011) - PNG Gold Corporation (TSX VENTURE:PGK) -

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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

  • PNG Gold Corporation
    Dick Whittington
    President and Chief Executive Officer
    604 669 4899

    PNG Gold Corporation
    Neil MacRae
    Investor Relations Manager
    604 669 4899