ATLATSA RESOURCES CORPORATION - Wage agreement reached at teh Bokoni Mine

Wage agreement reached at teh Bokoni Mine

Atlatsa Resources Corporation
(Incorporated in British Columbia, Canada)
(Registration number 10022-2033)
TSX/JSE share code: ATL
NYSE MKT share code: ATL
ISIN: CA0494771029
(”Atlatsa” or the “Company”)

WAGE AGREEMENT REACHED AT THE BOKONI MINE

August 20, 2014, Johannesburg: Atlatsa Resources Corporation (“Atlatsa” or
the “Company”) (TSX, NYSE MKT, JSE: ATL)is pleased to announce that
Bokoni Platinum Mines (Proprietary) Limited (“Bokoni Mine”) has reached a
two-year      wage    agreement       with    its    recognised  labour union bodies,    the
National Union of Mineworkers (“NUM”), Togetherness Amalgamated Workers
Union of South Africa (“TAWUSA”) and United Association of South Africa
(“UASA”) in relation to their respective members employed at the Bokoni
Mine. The agreement is effective from 1 July 2014 until 30 June 2016, and
will    be    applied      to   all   employees      within     the    respective     bargaining and
operational units at Bokoni Mine.


The wage agreement has been aligned to recent wage settlements in the
South African platinum group metals industry. It includes an increase to
employees’ basic rate of pay which is above the South African consumer
price    index       inflation        rate,   together  with    productivity-linked          bonus
incentives, medical, housing and travel allowances.


Harold Motaung, Chief Executive Officer of Atlatsa, said, “We are pleased
with    the    constructive       and    respectful         manner    in    which   the   Bokoni    Mine
management       and       labour      unions       progressed        and    concluded      the     wage
negotiations.        The    finalisation        of    the    wage     agreement     supports      labour
stability at the mine and bodes well for our ongoing working relationship
with our employees, labour unions and broader stakeholder groups.”


Atlatsa further advises that the Bokoni Mine had no industrial unrest
during the wage negotiation process.
Johannesburg
20 August 2014

JSE Sponsor
Macquarie First South Capital (Pty) Limited


Issued on behalf of Atlatsa Resources Corporation

On behalf of Atlatsa

Prudence Lebina
Head:Investor Relations
Office: +27 11 779 6800

JSE Sponsor
Macquarie First South Capital
Annerie Britz
Office: +27 11 583 2000

Date: 20/08/2014 02:18:00 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.