BRIEF-Centerra Gold reports search of Kumtor Gold Co's Bishkek office

Thu Apr 28, 2016 12:34pm EDT
 
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April 28 (Reuters) - Centerra Gold Inc:

* Centerra Gold reports search of Kumtor Gold Company's Bishkek office

* Kyrgyz Republic government has recently indicated to Centerra its dissatisfaction with current arrangements governing co, Kumtor project

* No negotiations with Kyrgyz Republic government have to date taken place

* Kyrgyz Republic government has very recently indicated to co dissatisfaction with current arrangements governing Centerra and Kumtor project

* Search by Kyrgyz prosecutor was to collect documents relevant to criminal case relating to alleged financial violations by Kumtor

* Says alleged financial violations by co's KGC unit are in connection with past inter corporate transactions between KGC and Centerra

* Says mine operations remain unaffected by Kyrgyz gpo's action

* Inability to successfully resolve all matters would have material adverse impact on company's future cash flows, earnings,financial condition Source text for Eikon: Further company coverage: