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SCL - SACOIL Holdings Limited - Extension of agreements - Acquisition of

Release Date: 08/02/2010 12:36
Code(s): SCL
Wrap Text

SCL - SACOIL Holdings Limited - Extension of agreements - Acquisition of Democratic Republic of Congo Oil concessions SACOIL HOLDINGS LIMITED (formerly SA Mineral Resources Corporation Limited) (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) Share code: SCL ISIN: ZAE000127460 ("SacOil" or "the company") EXTENSION OF AGREEMENTS - ACQUISITION OF DEMOCRATIC REPUBLIC OF CONGO OIL CONCESSIONS Further to the circular dated 24 October 2008, shareholders are advised that the agreements in relation to the acquisition of the DRC oil concessions by the company have been extended to 8 March 2010. This is the last material outstanding suspensive condition to the acquisition of the oil concessions. Midrand 8 February 2010 Sponsor SASFIN CAPITAL A division of Sasfin Bank Limited Date: 08/02/2010 12:36:13 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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