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Centerra Gold extends first Longstop Date under Strategic Agreement with Government of Kyrgyz Republic

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Global Mining Review,

Canadian-based gold mining company Centerra Gold Inc. (Centerra) has agreed with the Government of the Kyrgyz Republic to further extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion (Strategic Agreement) previously entered into with the Government of the Kyrgyz Republic on 11 September 2017. The First Longstop Date is the date by which all conditions precedent to the completion of the Strategic Agreement are required to be satisfied and it has been further extended by agreement of all the parties from 24 August 2018 to 2 November 2018.

The company is reportedly continuing to work with the Government of the Kyrgyz Republic to ensure the satisfaction of the remaining conditions precedent to completion of the Strategic Agreement, including the termination of certain legal proceedings and receipt of finalised land use certificates.

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