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ARQ - Anooraq Resources Corporation - Anooraq announces implementation of Name

Release Date: 25/04/2012 14:00
Code(s): ARQ
Wrap Text

ARQ - Anooraq Resources Corporation - Anooraq announces implementation of Name Change 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") ANOORAQ ANNOUNCES IMPLEMENTATION OF NAME CHANGE Anooraq announces that it is proceeding with the implementation of its name change as previously approved by shareholders, from Anooraq Resources Corporation to Atlatsa Resources Corporation (the "Change of Name"). Anooraq is pleased to advise that the TSX Venture Exchange ("TSX-V") has accepted Anooraq`s application in respect of the Change of Name and authorized Anooraq to proceed with implementation of the Change of Name. The rationale for the Change of Name is to reflect the South African focus of the Company following the acquisition of Bokoni Platinum Mine concluded in July 2009. `Atlatsa` is an African word meaning `to make prosperous`. The Change of Name will be legally effective upon the filing of the notice of alteration with British Columbia Corporate Registry. Accordingly, a further announcement will be made as soon as filing has taken place, setting out the finalisation information. Salient dates and times for the Implementation of Change of Name The salient dates and times for the implementation of the Change of Name are set out below. 2012
File notice of amendment of the articles of incorporation of the Company to effect the Change of Name with British Columbia Corporate Registry Tuesday, 24 April
Certificate of amendment registered by British Columbia Corporate Registry Tuesday, 24 April Declaration information released on SENS (and filed with the Canadian Securities Administrators` System for Electronic Document Analysis and Retrieval Wednesday, 25 April ("Sedar")) Declaration information published in the South Thursday,26 April African press Finalisation data released on SENS and filed with the Canadian Securities Administrators` System Wednesday, 2 May Sedar Finalisation information published in the South Thursday, 3 May African press Last day to trade under the old name `Anooraq Friday, 11 May Resources Corporation` on the JSE, TSX-V and the NYSE Amex ("Amex") Trading under the new name `Atlatsa Resources Monday, 14 May Corporation` commences on the JSE, TSX-V and Amex under the symbol `ATL`, abbreviated name `ATLATSA`, and new ISIN:CA0494771029 from the commencement of trading on JSE record date for the Change of Name Friday, 18 May New share certificates reflecting the Change of Name posted by registered post, to South African certificated shareholders who have surrendered their documents of title on or before 12:00 Central Monday, 21 May African time ("CAT") on the record date (see note iii below) on or about Dematerialised South African Shareholders` accounts updated with the new name by their Central Securities Depository Participant or broker on Monday, 21 May
Notes: 1. The dates and times indicated in the table above are subject to change. Any such changes will be disseminated by news release and released on SENS, filed with Sedar and published in the South African press. 2. South African Shareholders will not be able to dematerialise or rematerialise securities in the name of Anooraq after Friday, 11 May 2012, and may only dematerialise their new certificates in the name of Atlatsa Resources Corporation from Monday, 21 May 2012. 3. Shareholders, other than South African certificated Shareholders, are not required to surrender their existing share certificates or take any other actions with respect to the Change of Name. South African certificated Shareholders who surrender their existing documents of title after 12:00 CAT on the record date will have their new share certificates mailed within five business days of receipt thereof by the South African transfer secretaries of the Company, being Computershare Investor Services (Pty) Limited, situated at ground floor, 70 Marshall Street, Johannesburg, 2001, by registered post, at the risk of the shareholders concerned. Johannesburg 25 April 2012 JSE Sponsor Macquarie First South Capital (Pty) Limited On behalf of Anooraq Joel Kesler Executive: Corporate Development Office: +27 11 779 6800 Mobile: +27 82 454 5556 Russell and Associates Charmane Russell Office: +27 11 880 3924 Mobile: +27 82 372 5816 Macquarie First South Capital Annerie Britz / Yvette Labuschagne / Melanie de Nysschen Office: +27 11 583 2000 The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. The NYSE Amex has neither approved nor disapproved the contents of this press release. This release includes certain statements that may be deemed "forward looking statements". All statements in this release, other than statements of historical facts, that address the Change of Name and events or developments that Anooraq expects are forward looking statements. Anooraq believes that such forward looking statements are based on reasonable assumptions, including assumptions that Anooraq will be able to engage a new chief financial officer within a reasonable period of time. Forward looking statements, however, are not guarantees of future performance and actual results or developments may differ materially from those in forward looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include delays in regulatory approval timing and other procedural matters relating to the Change of Name. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward looking statements. For further information on Anooraq, investors should review the Company`s annual report on Form 20-F filing with the United States Securities and Exchange Commission at www.sec.gov and available, together with the Company`s other disclosure documents, at www.sedar.com. Date: 25/04/2012 14:00:04 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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