Go Back Email this Link to a friend


Keaton Energy Holdings Limited - Cautionary Announcement

Release Date: 29/09/2015 15:35:00      Code(s): KEH     
Keaton Energy Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011090/06)
JSE code: KEH & ISIN: ZAE000117420
("Keaton" or "the Company")


                               CAUTIONARY ANNOUNCEMENT



Keaton shareholders are advised that the Company has received an offer to acquire the entire
issued share capital and claims against Leeuw Mining and Exploration Proprietary Limited
(?LME?) and Amalahle Exploration Proprietary Limited (?AEP?) (collectively ?the KZN Assets?)
(?the Proposed Transaction?).

The KZN Assets consist of the operating Vaalkrantz Colliery (?Vaalkrantz?), the Koudelager Coal
Project (?Koudelager?), the Balgray Coal Project (?Balgray?) and the Mooiklip Coal Project
(?Mooiklip?). The Braakfontein Coal Project (?Braakfontein?), held under Leeuw Braakfontein
Colliery Proprietary Limited is specifically excluded from the Proposed Transaction.

The Proposed Transaction, if successfully concluded, may have an effect on the price at which
the Company's securities trade on the JSE Limited. Accordingly, Keaton shareholders are advised
to exercise caution when dealing in Keaton shares until a further announcement is made.



Johannesburg

29 September 2015

       Corporate advisor                                     Sponsor



     Qinisele Resources Proprietary Limited                  Investec Bank Ltd

Date: 29/09/2015 03:35:00 Supplied by www.sharenet.co.za                     
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.


                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.