here's another RNS, buses eh4 Jul 2011 11:11
Norseman Gold Plc ('Norseman Gold' or 'the Company')
Norseman Gold Enters Into Gold Off-Take Agreement With Exp T1 Ltd, A Member Of The Red Kite Group
Norseman Gold, the AIM-listed and ASX-listed Australian gold production company is pleased to announce that it has entered into a gold off-take agreement with EXP T1 Ltd ('EXP'), a subsidiary of RK Mine Finance Trust 1, a member of the Red Kite group of funds ('Red Kite').
Under the terms of the off-take agreement, Norseman Gold's wholly owned subsidiary, Central Norseman Gold Corporation Limited ('CNGC'), will supply Red Kite with its gold production up to a total of 300,000 ounces. The off-take agreement includes market pricing and is based on Australian dollars thereby removing any foreign currency exposure to the Norseman Gold project.