Stockholm, July 19 2010 — NASDAQ OMX announces that trading in Central Asia
Gold AB (CAG) shares commenced today on the First North Premier segment at
NASDAQ OMX Stockholm. Central Asia Gold will belong to the Materials sector.
Companies in the First North Premier segment commit to follow the disclosure
rules of NASDAQ OMX Nordic main markets, and to apply International Financial
Reporting Standards (IFRS) for accounting and financial reports.
Central Asia Gold is the 14th company to list at NASDAQ OMX in Europe in 2010
and the 22nd company to move the trading of its shares from NGM to NASDAQ OMX.
Central Asia Gold is a Swedish mining company operating in Eastern Siberia,
Russia. Operations include production and exploration of gold. Central Asia
Gold AB's business idea is to become a medium size gold exploration and
production company in an international context. For more information visit:
www.centralasiagold.com.
Jenny Rosberg, Senior Vice President, NASDAQ OMX said, “We welcome Central Asia
Gold to our First North Premier segment, where they will comply with the very
same rules and regulations as our main market companies. This commitment
towards of transparency supports investor visibility and credibility, and also
helps gain the experience necessary for a move to the main market.”
Central Asia Gold's CEO, Preston Haskell commented, “We are excited about our
move to NASDAQ OMX and its First North Premier segment where we look forward to
enjoying increased liquidity and investor exposure. The Russian gold
exploration industry has great potential and now we aim to build the capital
strength needed to support continued growth.”
The First North Premier segment is available on NASDAQ OMX markets in
Stockholm, Copenhagen, Helsinki and Iceland. For more information about First
North Premier visit: www.nasdaqomx.com/listingcenter/firstnorth/premier.
About First North
First North is an alternative market, operated by the different exchanges
within NASDAQ OMX Nordic. It gives companies greater visibility and ease of
access to Northern Europe's largest pool of capital, combining the benefits of
being on-market with simplicity. This means that the companies admitted to
trading at First North are given the same possibilities as larger companies,
but with lighter regulations. First North does not have the legal status of an
EU-regulated market. Companies at First North are subject to the rules of First
North and not the legal requirements for admission to trading on a regulated
market. The risk in such an investment may be higher than on the main market.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers
trading, exchange technology and public company services across six continents,
with more than 3,600 listed companies. NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the
U.S. 144A sector. The company offers trading across multiple asset classes
including equities, derivatives, debt, commodities, structured products and
exchange-traded funds. NASDAQ OMX technology supports the operations of over 70
exchanges, clearing organizations and central securities depositories in more
than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow
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Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
NASDAQ OMX's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements. There can be no
assurance that the FSA will give the NASDAQ OMX applicant the authorization and
permissions which it seeks.
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NASDAQ OMX CONTACTS:
Carl Norell
+46 8 405 6639
carl.norell@nasdaqomx.com
