GDO - Gold One International Limited - Notice of status of conditions

GDO - Gold One International Limited - Notice of status of conditions           
Gold One International Limited                                                  
Registered in Western Australia under the Corporations Act, 2001 (Cth) with     
registration number ACN: 094 265 746                                            
(Registered in South Africa as an external company with registration number     
2009/000032/10)                                                                 
ISIN: AU000000GDO5                                                              
Share Code on the ASX/JSE: GDO                                                  
OTCQX International: GLDZY                                                      
("Gold One" or the "company")                                                   
NOTICE OF STATUS OF CONDITIONS                                                  
A substantial holder of Gold On, today, 01 December 2011, submitted to the      
Australian Securities Exchange ("ASX") the following - "Notice of status of     
conditions".                                                                    
QUOTE                                                                           
NOTICE OF STATUS OF CONDITIONS                                                  
    a)   In relation to the offer ("Offer") made pursuant to the Bidder`s       
         Statement dated 3 August 2011 ("Bidder`s Statement") by BCX Gold       
         Investment Holdings Limited (a company incorporated in the             
British Virgin Islands with Company number 1615265) ("BCX Gold"),      
         BCX Gold gives notice pursuant to section 630(3) of the                
         Corporations Act 2001 (Cwlth) that the Offer is free from all          
         conditions set out in Appendix 2 of the Bidder`s Statement:            
i.   as stated in various Notices of Fulfilment of Conditions          
              under section 630(4) of the Corporations Act dated 7              
              September 2011, 25 October 2011 and 25 November 2011, each        
              of the Conditions set out in paragraphs (a) (Gold One             
Shareholders` Resolution), (c) (foreign investment approval)      

              and (e) (regulatory approvals) respectively in Appendix 2 of      
              the Bidder`s Statement have been fulfilled; and                   
                                                                                
ii.  as stated in the Notice to free Offer from Conditions under       
              section 650F of the Corporations Act 2001 dated 25 November       
              2011, it has freed the Offer and any takeover contract            
              arising from acceptance of such Offer from all other              
Conditions in Appendix 2 of the Bidder`s Statement;               

    b)   so far as BCX Gold is aware (based on confirmation obtained from       
         Gold One International Limited), except for the Conditions set         
         out in paragraphs (a), (c) and (e) in Appendix 2 of the Bidder`s       
Statement, at the time of giving this notice, the Conditions to        
         the Offer were not fulfilled (although BCX Gold has freed the          
         Offer from all Conditions in Appendix 2 of the Bidder`s                
         Statement);                                                            
c)   as at the date of this notice, BCX Gold`s voting power in Gold         
         One International Limited is 23.109% comprising 198,748,941 Gold       
         One Shares out of a total of 860,068,371 Gold One Shares               
         presently on issue.                                                    
Dated: 1 December 2011                                                          
Signed by SUN Long on behalf of BCX Gold Investment Holdings Limited.           
Signed                                                                          
Sun Long                                                                        
Director                                                                        
Johannesburg                                                                    
01 December 2011                                                                
JSE Sponsor                                                                     
Macquarie First South Capital (Pty) Limited                                     
Date: 01/12/2011 10:06:06 Supplied by www.sharenet.co.za                     
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