09:51 AM EST - Sunridge Gold Corp. : reported that it has received updated values from the financial model for the Asmara Project Feasibility Study which increased the Base Case post-tax net present value from $345 million to $428 million. The increased numbers are based on the Company receiving clarity on the tax laws of Eritrea, specifically the application of historic expenditures and depreciation in the financial model. The pre-tax value of $692 million for the Study remains unchanged. The results of the Study were initially reported on May 28, 2013 and amended on August 21, 2013. Sunridge Gold Corp.
shares V.SGC are trading down $0.005 at $0.26.
