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ANGLOGOLD ASHANTI ANNOUNCES A TWO-WEEK EXTENSION TO TRANS-SIBERIAN GOLD

Release Date: 18/04/2005 10:42
Code(s): ANG
Wrap Text

ANGLOGOLD ASHANTI ANNOUNCES A TWO-WEEK EXTENSION TO TRANS-SIBERIAN GOLD SUBSCRIPTION AGREEMENT ANGLOGOLD ASHANTI ANNOUNCES TWO-WEEK EXTENSION TO TRANS-SIBERIAN GOLD SUBSCRIPTION AGREEMENT AngloGold Ashanti Limited (formerly AngloGold Limited) Incorporated in the Republic of South Africa Registration Number: 1944/017354/06) ISIN Number:ZAE000043485 JSE Share Code: ANG ("AngloGold Ashanti/Company") TW0-WEEK EXTENSION TO TRANS-SIBERIAN GOLD SUBSCRIPTION AGREEMENT On 23 December 2004, AngloGold Ashanti Limited ("AGA") announced that the deadline for the second subscription for new ordinary shares in Trans-Siberian Gold plc ("TSG") had been extended to 15 April 2005 and that the second subscription would no longer be conditional on TSG entering a binding agreement to implement project financing for the Asacha gold mine development in Kamchatka, far east Russia. Instead, TSG and AGA agreed that the second subscription would be conditional on a revised implementation plan and financing plan for the Asacha project being unanimously agreed by the TSG Board and any regulatory filings in the Russian Federation necessary for the revised implementation plan having been made. Whilst good progress has been made in satisfying the conditions to the second subscription, certain issues remain outstanding and in order to allow for their resolution the deadline for the second subscription has been extended until 29 April 2005. ends Johannesburg 18 April 2005 Date: 18/04/2005 10:42:29 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department