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Firestone reiterates take no action following further extension of time for despatch of its Target’s Statement
About Firestone Energy
Firestone Energy Limited is an
FIRESTONE ENERGY LIMITED
(Incorporated in Australia)
(Registration number ABN 058 436 794)
Share code on the JSE Limited: FSE
Share code on the ASX: FSE
ISIN: AU000000FSE6
(SA company registration number 2008/023973/10)
("FSE" or "the Company")
independent, Australian exploration and
development company listed on the
Australian Stock Exchange Ltd (ASX) and
Firestone reiterates take no action following further extension of time for the Johannesburg Stock Exchange (JSE).
despatch of its Target’s Statement Firestone Energy has entered into a Joint
Venture with Sekoko Resources (Pty) Ltd
through which Firestone Energy has
acquired the right to 60% participation
Firestone Energy Limited (ASX/JSE: FSE) (the “Company” or “Firestone”) has interests in the Waterberg Coal Project
reaffirmed its advice to shareholders to TAKE NO ACTION on the proposed off- located in Lephalale area, Limpopo Province,
market takeover offer from Range River Gold Limited (ASX: RNG) (“Offer”) until South Africa.
they have received and considered the Target’s Statement.
The first stage of the project is to develop the
Firestone advises that the Australian Securities and Investments Commission will Smitspan mine which has a substantial
grant Firestone relief to amend the timetable for despatching its Target’s measured thermal coal resource and to
develop the Vetleegte mine which is a
Statement to Firestone shareholders. The formal instrument of relief is expected
substantial metallurgical coal deposit.
to be issued on Monday 11 March 2013. In accordance with the relief, the
Target’s Statement in response to the Offer must now be sent to Firestone Firestone Energy is committed to becoming a
shareholders no later than Tuesday 26 March 2013, under the revised statutory profitable independent coal and energy
timetable. producer at its projects in South Africa,
thereby making a substantial contribution to
FSE has been advised by RNG that RNG has committed to re-address the the social and economic development of the
conditions of its Offer and where possible, waive and/or clarify the conditions to Lephalale area and South Africa.
enable FSE shareholders to better understand the conditionality of the Offer and Corporate Details
that RNG is re-evaluating the quantum of the Offer. ASX: FSE
JSE: FSE
All Firestone announcements are available on the Company’s website Issued Capital:
on www.firestoneenergy.com.au and via www.asx.com.au. 3,549 million ordinary shares
Major Shareholders:
Shareholders can also receive further information on the Offer by calling the Sekoko Resources (Pty) Ltd
Firestone shareholder information line on: 1800 643 977 or for international calls Linc Energy Ltd
BBY Nominees Pty Ltd
+61 2 8256 3363. Bell Potter Nominees Ltd
Yours sincerely, Directors and Officers
Non Executive Directors:
Mr Tim Tebeila (Chairman)
David Perkins (Deputy Chairman)
Dr Pius Kasolo
David Knox Ben Mphahlele
Chief Executive Officer Kobus Terblanche
www.firestoneenergy.com.au Oren Zohar
Jack James
Tel: Australia (+61 08 9287 4600)
South Africa (+27 11 706 3548) Officers:
Mr David Knox CEO
Johannesburg Ms Amanda Matthee CFO
8 March 2013 Mr Jerry Monzu Company Secretary
Sponsor Contact:
River Group Suite B9, 431 Roberts Road
Subiaco, Western Australia 6008
Tel: +61 (08) 9287 4600
Date: 08/03/2013 09:03:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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