Randgold & Exploration company ltd
(Incorporated in the Republic of South Africa)
(Registration Number: 1992/005642/06)
Sharecode: RNG
ISIN: ZAE000008819
(R&E or the company)

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by more than 20% from those of the previous corresponding period.

Shareholders are hereby advised that a reasonable degree of certainty exists that the Company expects to report a loss and headline loss per share of between 11.09 cents per share and 12.61 cents per share for the six months ended 30 June 2018 compared to a loss and headline loss per share of 15.13 cents for the six months ended 30 June 2017, being a decrease in the loss of between 16.7% and 26.7% per share.

The reason for the decrease in the loss and headline loss per share in the current reporting period is mainly a result of a decrease in legal and consulting fees.

The information contained in this trading statement has not been reviewed or reported on by the Company's external auditors. R&E expects to release its financial results for the six months ended 30 June 2018 on or about 28 August 2018.

24 August 2018
Johannesburg
Sponsor
PSG Capital

Attachments

  • Original document
  • Permalink

Disclaimer

Randgold and Exploration Company Limited published this content on 24 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 August 2018 11:36:06 UTC