Randgold Resources Ld
02 December 2002
For immediate release
For further information call:
(CEO) Mark Bristow +44 779 775 2288
(CFO) Roger Williams +44 779 771 9660
RANDGOLD RESOURCES CHANGES
NASDAQ SYMBOL TO 'GOLD'
New York, 2 December 2002 - Randgold Resources has changed its Nasdaq trading
symbol from RRUS to GOLD with effect from 3 December 2002, the company announced
today. It had staked a claim to the sought-after symbol, then not yet
available, at the time of its listing in July this year.
Since the listing, the company's share price has increased by more than 30%,
making it one of this year's top-performing newcomers to Nasdaq. Just under 3
million of its shares have traded on Nasdaq over that period. Chief executive Dr
Mark Bristow said these figures showed the Nasdaq listing and the related IPO
had achieved the company's objectives of improving its rating and enhancing
Randgold Resources has gold mining and exploration interests in West Africa. It
is incorporated in Jersey in the Channel Islands and has its primary listing on
the London Stock Exchange, where its ordinary shares' trading symbol remains
RRS. The ADR code in London will now also change from RRUS.L to GOLD.L.
Issued on behalf of Randgold Resources Limited by du Plessis Associates.
dPA contact Kathy du Plessis on Tel: 27(11) 728 4701, mobile: (0)83 266 5847 or
Statements made in this release with respect to Randgold Resources' current
plans, estimates, strategies and beliefs and other statements that are not
historical facts are forward-looking statements about the future performance of
Randgold Resources. These statements are based on management's assumptions and
beliefs in light of the information currently available to it. Randgold
Resources cautions you that a number of important risks and uncertainties could
cause actual results to differ materially from those discussed in the
forward-looking statements, and therefore you should not place undue reliance on
them. The potential risks and uncertainties include, among others, risks
associated with: fluctuations in the market price of gold, gold production at
Morila, estimates of reserves and mine life and liabilities arising from the
closure of Syama. Randgold Resources assumes no obligation to update
information in this release.
This information is provided by RNS
The company news service from the London Stock Exchange