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ARQ - Anooraq - Operations resume at Bokoni

Release Date: 20/02/2012 15:14
Code(s): ARQ
Wrap Text

ARQ - Anooraq - Operations resume at Bokoni Anooraq Resources Corporation (Incorporated in British Columbia, Canada) (Registration number 10022-2033) TSXV/JSE share code: ARQ NYSE AMEX share code: ANO ISIN: CA03633E1088 ("Anooraq" or the "Company") Operations resume at Bokoni Further to the announcement made on 15 February 2012, Anooraq Resources Corporation confirms that the Section 54 safety stoppage notice at Bokoni Platinum Mines was uplifted on Friday, 17 February 2012 and operations have resumed. Johannesburg 20 February 2012 JSE Sponsor Macquarie First South Capital (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 Nicola Taylor Office: +27 11 880 3924 Mobile: +27 82 927 8957 Macquarie First South Capital 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. Cautionary and forward-looking information This document contains "forward-looking statements" that were based on Anooraq`s expectations, estimates and projections as of the dates as of which those statements were made, including statements relating to the Bokoni Group transaction and anticipated financial or operational performance. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "may", "will", "outlook", "anticipate", "project", "target", "believe", "estimate", "expect", "intend", "should" and similar expressions. Anooraq believes that such forward-looking statements are based on material factors and reasonable assumptions, including the following assumptions: that the Bokini Group transaction will receive the necessary regulatory approvals and complete in a timely manner. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company`s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These include but are not limited to uncertainties related to the completion of the Bokoni Group restructure and refinancing in a timely manner, if at all; and risk that the necessary regulatory and other approvals for the Bokini Group transaction will not be received in a timing manner. For further information on Anooraq, investors should review the Company`s annual Form 40-F filing with the United States Securities and Exchange Commission www.sec.gov and annual information form for the year ended December 31, 2010 and other disclosure documents that are available on SEDAR at www.sedar.com. Date: 20/02/2012 15:14:01 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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