| Wed 17 Dec 2008, 15:30 | | GBG - Great Basin Gold Trades On the New NYSE Alternext Exchange |
|
GBG
GBG
GBG - Great Basin Gold Trades On the New NYSE Alternext Exchange
GREAT BASIN GOLD LIMITED
(INCORPORATED IN CANADA AND REGISTERED AS AN EXTERNAL COMPANY IN SOUTH AFRICA)
(REGISTRATION NO. 2006/021304/10)
SHARE CODE: GBG & ISIN NUMBER: CA3901241057
("Great Basin Gold" or the "Company")
GREAT BASIN GOLD TRADES ON THE NEW NYSE ALTERNEXT EXCHANGE
December 17, 2008, Vancouver, BC - Great Basin Gold Ltd. (TSX, NYSE Alternext,
JSE: GBG) announced today that it will be trading on the new NYSE Alternext
Exchange.
With the acquisition of the American Exchange (AMEX) by the NYSE, the ensuing
merger has resulted in a new exchange and trading platform. The new exchange
will be known as the NYSE Alternext.
On December 1, 2008 all NYSE Alternext US stocks began trading on the New York
Stock Exchange`s next generation market model which is now located on the NYSE`s
trading floor.
In addition, the former AMEX specialists have joined the NYSE Specialists, who
are now called Designated Market Makers (DMM), and are utilizing the new trading
technology. It is anticipated that there will be an increase in market share and
greater participation by the DMMs in Alternext stocks, just as it was witnessed
with NYSE Stocks.
Furthermore, Great Basin Gold is taking the opportunity to reestablish and
update the trading symbol used in the United States. To date, Great Basin Gold
has been identified in the American marketplace and on the AMEX with the symbol
of GBN. In order to simplify the process and facilitate continuity across the
board, the Company requested and was allocated the symbol "GBG". This will
create a uniform and consistent basis for all investors worldwide. The Company
currently trades on the Toronto Stock Exchange (TSX) and the Johannesburg Stock
Exchange (JSE) as GBG.
For additional details on Great Basin Gold Ltd. and its gold properties, please
visit the Company`s website at www.grtbasin.com or contact Investor Services:
Tsholo Serunye in South Africa 27 (0)11 301 1800
Michael Curlook in North America 1-888-633-9332
Barbara Cano at Breakstone Group in the USA 646-452-2334
No regulatory authority has approved or disapproved the information contained in
this news release.
Date: 17/12/2008 15:30:20 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
