LionGold Corp. Ltd Provides Earnings Guidance for the Half Year Ended September 30, 2012
Year ended 30 September 2012. Based on a preliminary review of the Group's performance, the loss is mainly attributable to: professional and other related expenses incurred by the Group for due diligence investigations in the Group's corporate exercises, including acquisition of gold mining assets; exchange losses arising from a USD loan extended to a subsidiary; and fair value loss on derivative financial instruments and amortisation expenses related to the USD 23 million aggregate principal amount of 9% convertible bonds due 2015.