Nord Gold N.V. (LSE:NORD) acquired a further 8.19% stake in OJSC Buryatzoloto (MICEX:BRZL) from six minority shareholders for $4.3 million in stock on December 19, 2014. Under the terms of the agreement, Nord Gold N.V. (LSE:NORD) issued approximately 2.88 million newly-issued GDRs as consideration for the acquisition of 0.58 million shares of OJSC Buryatzoloto. Peter Ogden and James Devas of Maitland acted as the PR advisor for Nord Gold N.V.

Nord Gold N.V. (LSE:NORD) completed the acquisition of a further 8.19% stake in OJSC Buryatzoloto (MICEX:BRZL) from six minority shareholders on December 19, 2014.