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ARQ - Anooraq - Further Cautionary Announcement

Release Date: 15/03/2012 16:00
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 NYSE AMEX share code: ANO ISIN: CA03633E1088 ("Anooraq" or the "Company") FURTHER CAUTIONARY ANNOUNCEMENT Shareholders of Anooraq are referred to the announcement released on the Securities Exchange News Service on 2 February 2012, relating to the agreement of the key terms in respect of a transaction to restructure, recapitalise and refinance Anooraq and the Bokoni group of companies ("Bokoni group") (the "Transaction"), by the boards of directors of Anglo American Platinum Limited, a 79% held subsidiary of Anglo American plc, and Anooraq. Shareholders are advised that the financial effects of the Transaction are still being determined and may have a material effect on the price of Anooraq securities. Accordingly, Anooraq shareholders are advised to continue exercising caution when dealing in Anooraq securities until a further announcement is made. A further announcement will be released on the Securities Exchange News Service, filed on SEDAR and EDGAR, and published in the South African press as soon as the definitive agreements have been signed and the financial effects have been finalised. Johannesburg 15 March 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 Date: 15/03/2012 16:00:01 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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