ATLATSA RESOURCES CORPORATION - Unprotected industrial action at Bokoni Platinum mines

Unprotected industrial action at Bokoni Platinum mines

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


UNPROTECTED INDUSTRIAL ACTION AT BOKONI PLATINUM MINES


Atlatsa Resources Corporation confirms that employees at the Bokoni Platinum Mines (“Bokoni”), a joint venture
with Anglo American Platinum Ltd, in Limpopo Province have embarked on unprotected industrial
action, with effect from this morning, Monday, 1 October 2012. Attendance at the mine is currently
below 20%.


The mine’s representative unions – NUM, TAWUSA and UASA – have tried to address all of their
members unsuccessfully.


Bokoni has an existing agreement in place regarding conditions of employment, including wages,
effective up until 30 June, 2013. Bokoni management has indicated that it will not negotiate any issues
outside of formal bargaining structures and encourages employees to work through these channels.


Management continues to engage in constructive dialogue with employee representatives, the
authorities and other stakeholders with a view to maintaining peace and resolving the industrial action.


Bokoni has advised of its intention to apply for an interdict on Tuesday 2 October, 2012 at 14h00 in the
Labour Court concerning unlawful and/or unprotected conduct and/or industrial action in terms of
section 68 (2) of the Labour Relations Act. The no work, no pay principle will apply for as long as the
unprotected industrial action continues to take place.


Further updates will be made in due course.

Johannesburg
1 October 2012

JSE Sponsor
Macquarie First South Capital (Pty) Limited

Issued on behalf of Atlatsa Resources Corporation 

For further information:

                                                                 Russell and Associates                 Macquarie First South Capital

Joel Kesler, Chief Commercial Officer                            Charmane Russell                       Annerie Britz / Yvette Labuschagne

Office: +27 11 779 6800                                          Office: +27 11 880 3924                Office: +27 11 583 2000

Mobile: +27 82 454 5556                                          Mobile: +27 82 3725816


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