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ASR - Assore Limited - Termination of discussions and withdrawal of cautionary

Release Date: 24/04/2008 17:19
Code(s): ASR
Wrap Text

ASR - Assore Limited - Termination of discussions and withdrawal of cautionary Assore Limited (Incorporated in the Republic of South Africa) (Registration number 1950/037394/06) Share code: ASR & ISIN: ZAE000017117 ("Assore" or "the company") TERMINATION OF DISCUSSIONS AND WITHDRAWAL OF CAUTIONARY Further to the cautionary announcement released on 12 March 2008 ("the cautionary announcement"), Assore shareholders are advised that the parties have been unable to reach agreement on the suite of definitive agreements as contemplated in the cautionary announcement, and the discussions in relation thereto have accordingly been terminated. All the parties remain committed to empowerment in the South African mining industry. Assore will actively continue to explore various options that will result in the company meeting the equity ownership targets specified under the Socio-Economic Empowerment Charter for the South African Mining Industry. As a result, the cautionary announcement is hereby withdrawn. Illovo Johannesburg 24 April 2008 Sponsor to Assore Standard Bank Date: 24/04/2008 17:19:00 Supplied by www.sharenet.co.za 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.

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