Canaccord Genuity acts as Rule 3 Financial Adviser to Trans-Siberian Gold Plc on its £108m takeover by Horvik Limited

Canaccord Genuity’s Corporate Broking team is pleased toannounce it has acted as Rule 3 Financial Adviser to Trans-Siberian Gold Plc (the “Company” or “TSG”) on its £108mtakeover by Horvik Limited.

TSG is a leading gold producer, developer and explorer in Russia,focused on low cost, high grade mining operations and stable goldproduction from its 100% owned Asacha Gold Mine in Far EastRussia. The Company also holds the licence for the developmentand exploration of the Rodnikova deposit, one of the largest goldfields in South Kamchatka.