Resources Corp. Ltd.
______ Tel: 604-609-0598 Fax: 604-688-0598 E-mail: [email protected] , www.chinagoldintl.com Suite 1030, One Bentall Centre 505 Burrard Street, Box 31 Vancouver, BC Canada V7X 1M5
China Gold International Amends and Re-files its 2011 Annual Management’s Discussion and Analysis
Vancouver, British Columbia, April 16, 2012 - China Gold International Resources Corp.
Ltd. (TSX: CGG; HKEx: 2099 ) (the “ Company ”) announced today that it has re-filed its Management's Discussion and Analysis (“MD&A”) for t he year ended December 31, 2011 to clarify disclosure concerning its evaluation of internal controls over financial reporting and disclosure controls and procedures.
The revised MD&A was re-filed as a result of a revi ew by the British Columbia Securities Commission and is now available at www.sedar.com .
The revisions on page 25 of the 2011 MD&A clarify t hat the Company’s Chief Executive Officer and Chief Financial Officer have evaluated the effectiveness of the Company’s internal controls over financial reporting (“ICFR”) and disclosure controls and procedures (“DC&P”) and have concluded that the ICFR and DC&P were effective as of December 31, 2011.
The disclosure in the original MD&A was not clear e nough as to the conclusions on the effectiveness of ICFR and DC&P made by management. There is no other impact to the financial statements or MD&A.
About China Gold International Resources Corp. Ltd.
China Gold International Resources Corp. Ltd. is ba sed in Vancouver, BC, Canada and operates both the CSH Gold Mine in Inner Mongolia, and the Jiama Copper-Polymetallic Mine in Tibet Autonomous Region of China. The Compa ny’s objective is to continue to build shareholder value by growing production at it s current mining operations, expanding its resource base, and aggressively acquiring and d eveloping new projects internationally.
The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEx: 2099).
For additional information:
Stefanie Makagon: Investor Relations Manager
Tel: +1.604.695 5032 +86.10.5635.3938 Email: [email protected] Website: www.chinagoldintl.com
China Gold International
Resources Corp. Ltd.
______ Tel: 604-609-0598 Fax: 604-688-0598 E-mail: [email protected] , www.chinagoldintl.com 2Suite 1030, One Bentall Centre 505 Burrard Street, Box 31 Vancouver, BC Canada V7X 1M5
Forward-looking statements
Certain statements made herein, and other statement s relating to matters that are not historical facts and statements of our beliefs, intentions and expectati ons about developments, results and events which wi ll or may occur in the future, constitute "forward-lookin g information" within the meaning of applicable sec urities legislation. Forward-looking information and statem ents are typically identified by words such as "ant icipate", "could", "should", "expect", "seek", "may", "intend ", "likely", "plan", "estimate", "will", "believe" and similar expressions suggesting future outcomes or statement s regarding an outlook. All such forward-looking information and statements are based on certain ass umptions and analysis made by China Gold International Resources Corp. Ltd.’s management in light of their experience and perception of histori cal trends, current conditions and expected future deve lopments, as well as other factors management belie ves are appropriate in the circumstances. These stateme nts, however, are subject to a variety of risks and uncertainties and other factors that could cause ac tual events or results to differ materially from th ose projected in the forward-looking information or sta tements. Important factors that could cause actual results to differ from these forward-looking statements inc lude those described under the heading “Risks and Uncertainties” elsewhere in the Company's MD&A file d at www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Compa ny does not assume the obligation to revise or update these forward looking statements after the date of this document or to revise them to reflect the occurrence of future, unanticipated events.