Sharenet Sites 
Sharenet Sites
GDO - Gold One International Limited - Gold One and First Uranium extend date to execute definitive agreements for sale of Ezulwini Mine 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") GOLD ONE AND FIRST URANIUM EXTEND DATE TO EXECUTE DEFINITIVE AGREEMENTS FOR SALE OF EZULWINI MINE Gold One and First Uranium Corporation ("First Uranium") have extended the date that the parties will enter into definitive transaction agreements regarding Gold One`s acquisition of the Ezuwlini Mine to on or before 23 March 2012. On 2 March 2012, Gold One announced that it had entered into a binding letter agreement with First Uranium to acquire 100% of the issued shares of, and all shareholders` claims against, Ezulwini Mining Company (Pty) Limited ("EMC") held by First Uranium`s wholly-owned subsidiary First Uranium Limited (Cyprus) ("FUL"), for a total consideration of US$ 70 million (ZAR 539.7 million*) (the "Letter Agreement"). It was then announced that the parties would enter into definitive transaction agreements on or before 16 March 2012. The Letter Agreement is subject to a number of conditions precedent, including that parties enter into definitive transaction agreements on or before the extended date of 23 March 2012. *Based upon the exchange rate on the date the Letter Agreement from Gold One was tabled: ZAR 7.71 : USD 1. Johannesburg 19 March 2012 Transaction Sponsor and JSE Sponsor: Macquarie First South Capital (Proprietary) Limited For and on behalf of Gold One: Corporate Advisor: Qinisele Resources (Proprietary) Limited Australian Corporate Advisor: Hartleys Limited South African Legal Advisor: Edward Nathan Sonnenbergs Australian Legal Counsel: Ashurst Australia END Issued by Gold One International Limited www.gold1.co.za Neal Froneman President and CEO +27 11 726 1047 (office) +27 83 628 0226 (mobile) neal.froneman@gold1.co.za Grant Stuart Investor Relations +27 10 591 5219 (office) +27 82 602 5992 (mobile) grant.stuart@gold1.co.za Carol Smith Investor Relations +27 11 726 1047 (office) +27 82 338 2228 (mobile) carol.smith@gold1.co.za Derek Besier Farrington National Sydney +61 2 9332 4448 (office) +61 421 768 224 (mobile) derek.besier@farrington.com.au About Gold One Gold One is a dual listed mid-tier mining group with gold operations and gold and uranium prospects across Southern Africa. Gold One remains focused on developing and mining low technical risk, high margin precious metal resources in diversified jurisdictions. The company`s flagship Modder East gold mine, commissioned in 2009, distinguishes itself from most other gold mines in South Africa owing to its shallow nature (300 to 500 metres below surface) and continues to ramp up production, having produced 123,179 ounces in 2011. At the beginning of 2012, the group expanded further with the acquisition of Rand Uranium (Pty) Limited consisting of the Cooke Underground Operations and the Randfontein Surface Operations located in the West Rand, 30 kilometres from Johannesburg. The Cooke underground operations continue to deliver in line with expectations and are currently the subject of a turnaround intervention. Through Gold One`s purchase of Rand Uranium (Pty) Limited, the group has also acquired one of the world`s most advanced uranium projects, which envisages recovering uranium, gold and sulphur from the Cooke Tailings Dam and underground ores. The Gold One group is majority-owned by a consortium comprising Baiyin Non- Ferrous Group Co. Limited, the China-Africa Development Fund, and Long March Capital Limited and has an issued share capital of 1,415,302,711 shares. This news release does not constitute investment advice. Neither this news release nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of securities in any jurisdiction. Date: 19/03/2012 15:53:40 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.
