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SIM - Simmer & Jack Mines, Limited - Trading Statement

Release Date: 27/03/2012 12:30
Code(s): SIM
Wrap Text

SIM - Simmer & Jack Mines, Limited - Trading Statement Simmer & Jack Mines, Limited (Incorporated in the Republic of South Africa) (Registration number 1924/007778/06) Share code: SIM ISIN Code: ZAE000006722 ("Simmer and Jack Mines" or "the Group") TRADING STATEMENT Simmer and Jack Mines is currently finalising its interim results for the six months ended 31 December 2011. In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the period will differ by at least 20% from those for the previous corresponding period. Accordingly, shareholders are advised that the Group`s basic earnings per share and headline earnings per share are expected to be between 95% and 105% higher than the loss and headline loss per share of the six months ended 30 September 2010. The information on which this announcement is based has not been reviewed and reported on by Simmer and Jack Mines` auditors. The Group`s results for the six months ended 31 December 2011 are expected to be published on SENS on or about 29 March 2012. Johannesburg 27 March 2012 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27/03/2012 12:30:02 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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