Resource Generation Limited - Rail Link Construction CommencesRelease Date: 18/07/2013 09:36:00 Code(s): RSG
Resource Generation Limited
Registered in Australia under the Corporations Act, 2001 (Cth) with registration number ACN: 059 950 337
Share Code on the ASX: RES
Share Code on the JSE: RSG
("Resgen" or the ?Company?)
Rail link construction commencement
Resource Generation has commenced activities in preparation for the construction of the
38 kilometre rail link to connect its Boikarabelo mine to the existing rail network.
Construction will entail the pad for the base of the construction camp, associated access
roads and further infrastructure for the mobilisation of site activities. This preparation
work is expected to assist the timely construction of the rail link.
Paul Jury, managing director, said: ?We see this as an important step towards facilitating
the total construction of the Boikarabelo mine. This start will also enable site operational
procedures to be tested and optimised prior to the start of full scale construction.
?We take this opportunity to remind shareholders that the 1 for 1 entitlement offer at
$0.22 per share closes on Tuesday, 23 July 2013.?
18 July 2013
Macquarie First South Capital (Proprietary) Limited
Paul Jury, Managing Director on (02) 9376 9000 or
Steve Matthews, Company Secretary on (02) 9376 9000
Anthony Tregoning (02) 8264 1000
Resource Generation is developing the Boikarabelo coal mine in the Waterberg
region of South Africa where there are probable reserves of 744.8 million tonnes of
coal on 35% of the tenements under its control. Stage 1 of the mine development
targets saleable coal production of 6 million tonnes per annum.
Resource Generation Limited (ACN 059 950 337) www.resgen.com.au
Level 12 Chifley Tower, 2 Chifley Square, Sydney NSW 2000
GPO Box 5490, Sydney NSW 2001. Phone +61 2 9376 9000 Fax +61 2 9376 9013
Date: 18/07/2013 09:36:00 Supplied by www.sharenet.co.za
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