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ARQ - Anooraq - Further Cautionary Announcement

Release Date: 28/06/2011 16:43
Code(s): ARQ
Wrap Text

ARQ - Anooraq - Further Cautionary Announcement Anooraq Resources Corporation (Incorporated in British Columbia, Canada) (Registration number 10022-2033) TSXV/JSE share code: ARQ AMEX share code: ANO ISIN: CA03633E1088 ("Anooraq") FURTHER CAUTIONARY ANNOUNCEMENT Shareholders of Anooraq ("Shareholders") are referred to the cautionary announcement dated 13 May 2011 relating to the discussions between Anooraq and Anglo Platinum Limited (the "Parties") surrounding a potential transaction between them. As stated in that announcement, the nature of these discussions surrounds the completion of a strategic review by the Parties of the assets and financing structures of, and relating to Bokoni Platinum Holdings (Pty) Limited, with a view to Anooraq effecting a restructuring and refinancing transaction in respect thereof. As these discussions remain ongoing, Shareholders are advised to continue to exercise caution when dealing in their Anooraq securities until a further announcement is made. Johannesburg 28 June 2011 JSE Sponsor Macquarie First South Advisers (Pty) Limited Issued on behalf of Anooraq Resources Corporation On behalf of Anooraq Joel Kesler Executive: Corporate Development Office: +27 11 779 6800 Mobile: +27 82 454 5556 Russell and Associates Charmane Russell Office: +27 11 880 3924 Mobile: +27 82 372 5816 Macquarie First South Advisers Natalie Di-Sante/ Annerie Britz/ Yvette Labuschagne/ Melanie de Nysschen Office: +27 11 583 2000 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The NYSE Amex has neither approved nor disapproved the contents of this press release. For further information on Anooraq, investors should review the Company`s annual Form 40-F filing with the United States Securities and Exchange Commission at www.sec.gov and home jurisdiction filings that are available at www.sedar.com. The Company`s Annual Report on Form 40-F, which includes its audited financial statements for the fiscal year ended December 31, 2010, was filed with the Securities and Exchange Commission on March 23, 2011 and is available at www.sec.gov. Shareholders have the ability to receive a hard copy of the Company`s complete audited financial statements free of charge upon request. Date: 28/06/2011 16:43:05 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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