Nordgold to Apply to Cease to be a Reporting Issuer in Canada

AMSTERDAM, Netherlands, Nov. 7, 2013 /CNW/ - Nord Gold N.V. ("Nordgold" or the "Company", LSE: NORD), the internationally diversified, pure-play gold producer strategically focused on emerging markets, wishes to inform its Canadian resident shareholders that it intends to apply to the applicable securities regulatory authorities in Canada for a decision that the Company is no longer a reporting issuer in Canada.

If the decision is granted, the Company will no longer be a reporting issuer in any jurisdiction in Canada and, as a result, the Company will no longer be required to file financial statements and other continuous disclosure documents pursuant to Canadian securities laws. A decision permitting the Company to cease to be a reporting issuer in Canada will not affect the Company's listing on the London Stock Exchange (the "LSE") or its reporting obligations in the Netherlands or the United Kingdom. In this regard, Canadian resident shareholders will continue to have access to all financial statements and other continuous disclosure documents required to be filed by the Company under the laws of the Netherlands and the United Kingdom, as well as the rules of the LSE. Such documentation can be found on the Company's website at www.nordgold.com.

About Nordgold

Nordgold (LSE: NORD) is an international pure-play emerging-markets gold producer established in 2007 and publicly traded on the London Stock Exchange. Nordgold has expanded rapidly through acquisitions and organic investment, achieving a rate of growth unmatched in the industry during that period. In 2012, Nordgold's gold production was 717 Koz. The Company operates nine mines in Russia, Kazakhstan, Burkina Faso and Guinea. Nordgold has one development project, five advanced exploration projects and a diverse portfolio of early exploration projects and licenses in CIS, West Africa and French Guiana. Nordgold employs over 10,000 workers.

Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this press release, including any information as to Nordgold's estimates, strategy, projects, plans, prospects, future outlook, anticipated events or results or future financial or operating performance and production, may constitute "forward-looking information" within the meaning of Canadian securities laws. All statements, other than statements of historical fact, constitute forward-looking information. Forward-looking information can often, but not always, be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "predicts", "potential", "continue" or "believes", or variations (including negative variations) of such words, or statements that certain actions, events or results "may", "could", "would", "should", "might", "potential to", or "will" be taken, occur or be achieved or other similar expressions concerning matters that are not historical facts. The purpose of forward-looking information is to provide the reader with information about management's expectations and plans. Readers are cautioned that forward-looking statements are not guarantees of future performance. All forward-looking statements made or incorporated in this press release are qualified by these cautionary statements.

Actual performance or achievement could differ materially from that expressed in, or implied by, any forward-looking information in this press release and, accordingly, investors should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made, and Nordgold does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or realities after the date on which such statement is made or to reflect the occurrence of unanticipated events, except as required by applicable Canadian securities laws.

SOURCE Nord Gold N.V.