Yukon-Nevada Gold Corp. (TSX:YNG) began trading on the Toronto Stock Exchange on Monday, June 25th 2007, replacing YGC Resources Ltd. (TSX:YGC) and on the Frankfurt Exchange under the symbol NG6.
Queenstake Resources Ltd. (AMEX:QEE) was de-listed at the close of trading on June 20th 2007 and Queenstake Resources Ltd. (TSX:QRL) was de-listed at the close of trading on June 25th 2007.
Under the agreed upon terms, shareholders of YGC Resources Ltd. will receive one common share of Yukon-Nevada Gold Corp. for each share of YGC held, and shareholders of Queenstake Resources Ltd. will receive one common share of Yukon-Nevada Gold Corp. for each ten shares of Queenstake held. Outstanding warrants and options in each company will be exchanged on the basis of the same ratio.
Shareholders of Queenstake Resources Ltd. will be receiving a Letter of Transmittal setting out the procedure to be followed in order for them to exchange their certificates representing Queenstake Shares for certificates representing shares of Yukon-Nevada Gold Corp.
Questions on stock transfer/ownership, change of address and lost certificates should be directed to: