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Bullboard - Stock Discussion Forum Yukon Nevada Gold Corp T.YNG

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Yukon-Nevada Gold Corp. Seeks Advice for US Listin
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Post by arthur7440 on Feb 16, 2011 8:39am

Yukon-Nevada Gold Corp. Seeks Advice for US Listin

Yukon-Nevada Gold Corp. Seeks Advice for US Listing

cnw






VANCOUVER, Feb. 16 /CNW/ - Yukon-Nevada Gold Corp.'s (TSX: YNG) (Frankfurt Xetra Exchange: NG6) (the "Company" or "YNG") Board of Directors has resolved to pursue a
listing of the Company's shares on a United States stock exchange. The
Company is seeking advice and examining options and requirements for
listing on various US exchanges.


The primary benefits of listing on a US exchange are increased liquidity
in the trading of the stock, increased access to a larger range of US
investors and the elimination of additional trading fees for US
investors trading on a Canadian exchange.


Robert Baldock, President & CEO stated, "In response to the growth of
the Company and investment and interest from US based investors, we
feel that this is the next step to provide visibility to a broader base
of investors. A US listing will complement both our TSX listing and our
German listing."


The Company will remain listed on the TSX under the symbol YNG. The
listing on the Frankfurt Xetra Exchange under the symbol NG6 would
continue also.


Yukon-Nevada Gold Corp. is a North American gold producer in the
business of discovering, developing and operating gold deposits. The
Company holds a diverse portfolio of gold, silver, zinc and copper
properties in the Yukon Territory and British Columbia in Canada and in
Nevada in the United States. The Company's focus has been on the
acquisition and development of late stage development and operating
properties with gold as the primary target. Continued growth will occur
by increasing or initiating production from the Company's existing
properties.


If you would like to receive press releases via email please contact nicole@yngc.ca and specify "Yukon-Nevada Gold Corp. releases" in the subject line.


The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.


WARNING: The Company relies upon litigation protection for
"forward-looking" statements.


This news release does not constitute an offer to sell or a solicitation
of an offer to buy any of the securities in the United States. The
securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act")
or any state securities laws and may not be offered or sold within the
United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.




For further information:

Yukon-Nevada Gold Corp. Richard Moritz Senior Director, Institutional Investor Relations Tel: (604) 688-9427 Email: rmoritz@yngc.ca

Nicole Sanches Investor Relations Manager Tel: (604) 688-9427 ext 224 Email: nicole@yngc.ca www.yukon-nevadagold.com CHF Investor Relations Jeanny So Director of Operations Tel: (416) 868-1079 ext. 225 Email: jeanny@chfir.com www.chfir.com

Axino AG Wolfgang Seybold President and CEO Tel: +49 711 25 35 92 40 Email: wolfgang.seybold@axino.de www.axino.de/

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Comment by TimeBuilder on Feb 16, 2011 4:08pm
Let's ALL hope that another reverse split is just not ONE of the requirements. LOLRegards to all patient longs, TimeBuilder
Comment by aristoenigma on Feb 16, 2011 4:49pm
Hi TimeBuilder. I ambetting there is good news in the works and a US listing will be inhand before long without a consolidation. This US listing seek is what I have been waiting for to justify buyingmore at this level. I don't think a reverse split is going to berequired to meet the US listing requirements. Fingers crossed that all the warrants get exercised and the enterprise gets bigger.
Comment by arthur7440 on Feb 16, 2011 4:53pm
  My Thoughts also Let's ALL hope that another reverse split is just not ONE of the requirements. LOL  At one time to get on the New York AMEX   you had ro have at least a $4.00 stock,
Comment by downer27 on Feb 16, 2011 5:29pm
A lot of "high-finance" type things have happened in past year or so:Dickson and Baldock got about 25 MILLION stock options (not a typographical error!)BNP was looking at extending debt financing (guess that one fell through)early incentive of 10s of millions of warrantsUS stock listing pursuitnew discount for exercising warrants of 18% in the works (that were essentially FREE warrants ...more  
Comment by aristoenigma on Feb 16, 2011 5:42pm
Artie, I hope that the $7.00 you needed some time ago is still achievable. Without a rollback. As for the riches that would bestow on certain folks per Downer's note well I have seen other companies' CEOs and COOs get mega wealthy for doing dramatic turnarounds. Even when they there was some "culpa" in the originating downturn. If we recover sufficiently to feel good about it ...more  
Comment by downer27 on Feb 16, 2011 5:50pm
aristoshow me the "dramatic turnaround"driving a co into the ground and getting saved by giving up 40% of the company for next to nothing and continuing to lose money quarter after quarter does NOT qualify
Comment by aristoenigma on Feb 16, 2011 6:26pm
I don't disagree with what you say. But I am hoping like Artie to see some thing a lot higher. That would qualify as a dramatic turnaround. Two cents to today doesn't mean anything by a certain standard.
Comment by arthur7440 on Feb 16, 2011 7:28pm
 It Will Take Time, But Lets Hope They Get The NewYork Listing.  Until Then This Should  Move Too  Over A Buck Or Two
Comment by arthur7440 on Feb 16, 2011 8:27pm
 Hi downer, We have not got the listing yet, and as I posted before,=====================================================================================We Might Have problems Here    LOL ; reputation of its management; historical record and pattern of growth; financial integrity; future outlook Company's board of directors must agree to abide by the corporate ...more  
Comment by arthur7440 on Feb 17, 2011 10:51am
  This is Amazing?  Here it is amost 11,am and YNG has not moved up  on the yesterday news, and only 60.064 trades,               I guess there is very little trust left with management,   Maybe if? we get the AMEX listing it might move.
Comment by arthur7440 on Feb 17, 2011 11:50am
 I see i spoke to soon,,,,,lets hope it keeps moving up 
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