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Market update and renewal of cautionary announcement
Atlatsa Resources Corporation
(previously Anooraq Resources Corporation)
(Incorporated in British Columbia, Canada)
(Registration number 10022-2033)
TSXV/JSE share code: ATL
NYSE MKT share code: ATL
ISIN: CA0494771029
(”Atlatsa” or the “Company”)
MARKET UPDATE AND RENEWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders of Atlatsa are referred to the announcements released on the
Securities Exchange News Service on 2 February 2012, 3 May 2012, 14 June
2012 and 27 July 2012 respectively, relating to the agreement of the key
terms in respect of a transaction to restructure, recapitalize and
refinance Atlatsa and the Bokoni group of companies (“Bokoni group”) (the
“Restructure Plan”).
Shareholders are advised that Atlatsa and Anglo American Platinum Limited
have made progress with the Bokoni Platinum Mines’ (“Bokoni”) operational
review initiated in Q2 2012, as well as the definitive agreements relating
to the Restructure Plan.
Once all definitive agreements have been finalized the Company will
publish the financial effects of the Restructure Plan and post its
circular to shareholders seeking necessary approvals for its
implementation.
A further announcement will be released on the Securities Exchange News
Service, filed on SEDAR and EDGAR, and published in the South African
press, as soon as the financial effects have been finalized, and the
definitive transaction agreements have been executed.
Shareholders are advised to continue exercising caution when dealing in
the Company’s securities until a full announcement is made.
Johannesburg
7 September 2012
JSE Sponsor
Macquarie First South Capital (Pty) Limited
Issued on behalf of Atlatsa Resources Corporation
On behalf of Atlatsa
Joel Kesler
Executive: Corporate Development
Office: +27 11 779 6800
Mobile: +27 82 454 5556
Russell and Associates
Charmane Russell
Office: +27 11 880 3924
Mobile: +27 82 372 5816
Macquarie First South Capital
Annerie Britz/ Yvette Labuschagne
Office: +27 11 583 2000
Date: 07/09/2012 03:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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