Russia's Nord Gold to increase free float to over 30 percent on LSE

MOSCOW (Reuters) - Russian gold miner Nord Gold said on Monday its board had approved an increase in the company's free float to more than 30 percent on the London Stock Exchange.

The approval came as part of Nord Gold's capital markets strategic initiative, the company said in a statement, without providing further details.

(Reporting by Lidia Kelly, editing by Elizabeth Piper)