- Company history
- The history of Central Asia Gold AB
began in 2004.
The history of Central Asia Gold AB began in 2004. Via its Russian subsidiaries today owns Central Asia Gold AB a number of mineral licenses in Tardan, Kopto and Sivo in Eastern Russia.
On March, 29 2005 the Company was listed on the NGM Nordic Growth Market (NGM). In 2006, the Company acquired Kopylovskoye, Artelj Lena, Uzhunzhul and Kara-Beldyr deposits and later started gold production in the Tardan gold deposit.
In 2008 a collaboration with the Canadian gold mining company Centerra Gold was initiated regarding prospecting in the Kara-Beldyr license area. Following the Company’s strategic review, a decision was taken to merge with the Russian mining group NMC. Prior to merger, it was resolved at the Extraordinary General Meeting on December 22, 2008 to distribute the shares in the subsidiary Kopylovskoye AB. For each share held in Central Asia Gold shareholders received one share in Kopylovskoye AB.
In March 2009, a merger with the NMC group was completed via a share issue, that made Central Asia Gold the parent company of a large group of Russian gold producing subsidiaries. One of the previous owners of NMC, the American entrepreneur Preston Haskell, became the main shareholder of Central Asia Gold. A new management team with Preston Haskell as executive director was appointed.
Since July 19, 2010 the company is listed on the Swedish Stock exchange NASDAX OMX First North Premier, what is seen as a step towards the company’s ultimate goal to be listed on the Nasdax OMX main market.
SEK

