SABLE METALS & MINERAL LTD - Update in respect of the specific issue of shares for cash

Update in respect of the specific issue of shares for cash

SABLE METALS AND MINERALS LIMITED
(formerly Sable Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2001/006539/06)
JSE share code: SMM    ISIN: ZAE000185674
(“Sable”)


UPDATE IN RESPECT OF THE SPECIFIC ISSUE OF SHARES FOR CASH

Shareholders are referred to the announcement released on SENS on Wednesday, 4 June 2014 wherein
shareholders were, inter alia, advised that a circular (the “circular”) would be posted to Sable shareholders
containing full details of the funding arrangement concluded by Sable in terms of which a minimum of
18 518 519 Sable shares are to be issued to and subscribed for by Botha Schabort (or a third party nominated by
Botha Schabort) for a cash consideration of R10 000 000.

Shareholders are advised that due to unforeseen delays, Sable will not be able to post the circular to Sable
shareholders within the 60 day time period prescribed under the JSE Listings Requirements. It is anticipated that
the circular will be posted to Sable shareholders before the end of September 2014.

A further announcement will be released on SENS once the circular has been posted to Sable shareholders.


5 August 2014


Sponsor
Java Capital

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