SENS- Wednesday, 16 October 2013 |
TSX 201310160033A Further update in respect of the acquisition of Namaqualand Mines Trans Hex Group Limited (Incorporated in the Republic of South Africa) (Registration number: 1963/007579/06) Share code: TSX ISIN: ZAE000018552 ("Trans Hex" or "the Company") FURTHER UPDATE IN RESPECT OF THE ACQUISITION OF NAMAQUALAND MINES With reference to the proposed acquisition by Trans Hex's 50% held company, Emerald Panther Investments 78 (Pty) Limited of Namaqualand Mines ("NM") from De Beers Consolidated Mines Limited ("DBCM") and the cautionary announcement published on SENS on 10 October 2013: Shareholders are advised that discussions centered on resolving the only outstanding issue, viz. agreement between DBCM and the State regarding the State's 20 percent interest in NM, are continuing. Trans Hex and DBCM have agreed to extend their engagement for a further two weeks, i.e. until 30 October 2013. Further announcements will be made in due course and the necessary shareholder processes will be completed once the outstanding issue has been resolved. For and on behalf of the board Cape Town 16 October 2013 Transactional Attorneys to Trans Hex Bowman Gilfillan Attorneys Inc JSE Sponsor Sasfin Capital (A division of Sasfin Bank Limited) Date: 16/10/2013 03:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
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