PZG - Pamodzi Gold Limited - Update on Funding Process

Release Date: 17/09/2009 15:13
Code(s): PZG
 
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PZG - Pamodzi Gold Limited - Update on Funding Process Pamodzi Gold Limited (Incorporated in the Republic of South Africa) (Registration number 2002/013039/06) Share code: PZG ISIN: ZAE000088563 ("Pamodzi Gold" or "the group") UPDATE ON FUNDING PROCESS Following the sanction of the court of the sale of the Pamodzi Gold Free State assets to Harmony Gold Mining Company Limited yesterday, shareholders are advised that, without the Free State assets, a viable funding solution with the China-Africa Development Fund ("CADF") will not be possible. Accordingly, discussions with the CADF have ceased. Further announcements regarding the future of Pamodzi Gold will be released in due course. Bruma 17 September 2009 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 17/09/2009 15:13:02 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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