SIM - Simmer & Jack Mines, Limited - Change to the board of directors

SIM - Simmer & Jack Mines, Limited - Change to the board of directors           
Simmer & Jack Mines, Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1924/007778/06)                                            
Share code: SIM                                                                 
ISIN Code: ZAE000006722                                                         
("Simmers" or "the company")                                                    
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with the JSE Limited ("JSE") Listings Requirements, the following 
information is disclosed:                                                       
Shareholders are referred to the announcement released on the Securities        
Exchange News Service ("SENS") on 09 June 2011, relating to the fulfillment of  
all conditions to the proposed reverse acquisition by Village Main Reef Limited 
("Village") of Simmers, and the salient dates in relation to the unbundling by  
Simmers of the Village shares to the Simmers shareholders. All Simmers          
shareholders have now received their Village shares. As communicated, Simmers   
will be classified as a cash company and remain listed on the JSE.              
Due to the curtailed nature of the operations at Simmers, the following         
directors have tendered their resignations as directors of the company with     
effect from 27 June 2011, Mr David Brown; Mr Ralph Havenstein; Mrs Bulelwa      
(Baba) Njenje; Mr Nick Segal; Mrs Namane Magau; Mr Stuart Murray and Mr Bernard 
Swanepoel, who also resign as Chairman. The Simmers board will comprise of Mr   
Valence Watson who has been appointed as the non-executive Chairman with effect 
from 27 June 2011, Mr Marius Saaiman; Mr Guy Moretti and Mr James Faircliffe. Mr
Saaiman will remain the chief financial officer of Simmers until the completion 
of the annual financial statements, which statements have to be completed by the
end of September 2011. The board thanks all the directors for their substantial 
contribution to Simmers during a very difficult period in the company`s history.
Johannesburg                                                                    
27 June 2011                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 27/06/2011 12:00:04 Supplied by www.sharenet.co.za                     
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