Go Back Email this Link to a friend


Keaton Energy Holdings Limited - Withdrawal Of Sterkfontein Project Coal Reserve Estimate

Release Date: 08/10/2015 17:00:00      Code(s): KEH     
KEATON ENERGY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/011090/06)
ISIN: ZAE000117420
JSE share code: KEH
(?Keaton Energy? or ?the Company?)

Withdrawal of Sterkfontein Project Coal Reserve Estimate

Keaton Energy would like to inform shareholders of the following: Keaton Energy has withdrawn the
Sterkfontein Coal Reserve estimate for 2013 and 2014 as this estimate was originally based on the
results of an independent Concept Study conducted for the project. In accordance with the SAMREC
Code, an appropriate assessment to a minimum of a Pre-Feasibility Study for a project must have
been carried out. The Sterkfontein Coal Reserve estimate has therefore been withdrawn until such
time as the Concept Study is upgraded to a minimum of Pre-Feasibility study.

The Sterkfontein Coal Resource estimate remains unaffected as published in the Competent Person?s
Report (?CPR?) compiled for the two transactions announced on SENS on 17 July and 4 September
2015 and which has been approved by the JSE Reader?s Panel.

This CPR is available on the Company?s website http://www.keatonenergy.co.za/

Johannesburg
8 October 2015

Sponsor
Investec Bank Limited

Date: 08/10/2015 05:00:00 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.