By Our Correspondent

Lagos (INVESTADVOCATE)-NewGold Gold Debenture Holders Tuesday said it has adopted a new Memorandum of Incorporation and to amend the Terms and Conditions of Gold Bullion Debentures have been passed.

This is coming on the heels of the special resolutions tabled at a meeting held on 1 March 2013.

According to the Notice to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate, the special resolutions and the Memorandum of Incorporation will be lodged with the Companies and Intellectual Properties Commission in due course.

Sponsor is Absa Bank Limited (acting through its Corporate and Investment Banking division.