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Change of Nominated Advisor and Broker

31 May 2019 07:43

31 May 2019

China Nonferrous Gold Limited

(“CNG” or the “Company”)

Change of Nominated Advisor and Broker

China Nonferrous Gold Limited 中国有色黄金有限公司 (AIM: CNG), the mineral exploration and mining company currently mining the Pakrut gold project in the Republic of Tajikistan, is pleased to announce that the Company has appointed WH Ireland Limited as Nominated Adviser and Broker with immediate effect.

The Company would also like to take this opportunity to thank Investec Bank plc and its team for their long support and contribution as Nomad.

For further information please visit the Company’s website (www.cnfgold.com) or contact:

China Nonferrous Gold Limited

Yu Lixian, Managing Director

Tel: +86 10 8442 6681

WH Ireland Limited (NOMAD & Broker)

Katy Mitchell, James Sinclair-Ford

Tel: +44 (0)207 220 1666

Blytheweigh (PR)

Tim Blythe, Camilla Horsfall

Tel: +44 (0)20 7138 3224

Project Summary

The Pakrut gold project, of which CNG has 100 per cent ownership, is situated in Tajikistan approximately 120km northeast of the capital city Dushanbe. Pakrut is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and Western China, and which hosts a number of multi-million ounce gold deposits.

CNG is currently in a commissioning phase with mining contractors on site finalising constructing of the mine, plant, tailings dam and refinery.

About Tajikistan

Tajikistan is a secular republic located in Central Asia. The country is a member of the Commonwealth of Independent States and the Shanghai Cooperation Organisation. Tajikistan hosts numerous operating precious metal mines as well as the largest aluminium smelter in Central Asia. CNG's management team has extensive experience in the mining industry in Tajikistan.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190530005968/en/

Copyright Business Wire 2019

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