AGLD Allied Gold

 

TIDMAGLD 
 
RNS Number : 6209E 
Allied Gold Limited 
23 December 2009 
 

FOR IMMEDIATE RELEASE                                                        23 
December 2009 
 
 
allied gold limited 
 
 
("Allied", "Allied Gold" or "the Company") 
 
 
The following announcement as released on the ASX today and is set out for your 
information: 
 
 
ALLIED GOLD LIMITED SUBSIDIARY COMMENCES DAMAGES CLAIM AGAINST INTERMET 
ENGINEERS (PTY) LTD AND MR GARRY THOMAS 
 
 
Allied Gold Limited advises that its wholly owned subsidiary Simberi Gold 
Company Ltd ("SGC") has commenced legal recovery action against Intermet 
Engineers (Pty ) Ltd ("Intermet") and Mr Garry Thomas, a former director of 
Intermet, in respect to breaches of a contract entered into between Simberi and 
Intermet whereby Intermet were contracted to design, procure and manage the 
construction of gold processing and related facilities for the Simberi Oxide 
Gold Project located on Simberi Island in Papua New Guinea. 
The agreement contained a number of express terms relevant to specific 
performance of the agreement and the successful delivery of the throughput 
pursuant to the design and specifications of the plant. 
Simberi claims that Intermet is in breach of the express and implied terms of 
the contract and Intermet and Mr Garry Thomas have engaged in false, misleading 
and deceptive conduct. 
By reason of the breaches of the express and implied terms of the agreement, 
Simberi has suffered loss and damage and accordingly has now lodged a claim in 
The Supreme Court of Western Australia for damages which is estimated to be not 
less than AUD$12 million in total as well as damages for contraventions of the 
Trade Practices Act, Fair Trading Act, interest and costs. 
 
 
For further information, contact: 
 
 
Allied Gold Limited 
Mark Caruso 
Executive Chairman 
T:+61 8 93533638 
 
 
Frank Terranova 
Chief Financial Officer 
T: +61 7 3252 5911 
M: +61 448 187 557 
E: fterranova@alliedgold.com.au 
 
 
Peter Torre 
Company Secretary 
T: +61 8 9287 4604 
E: peter@torrecorporate.com.au 
 
 
Beaumont Cornish Limited 
 
 
Roland Cornish 
Beaumont Cornish Limited 
T: +44 (0) 20 7628 3396 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCKXLBLKLBEFBF 
 

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