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TSX - Trans Hex Group Limited - Renewal of cautionary announcement relating to

Release Date: 28/05/2012 07:05
Code(s): TSX
Wrap Text

TSX - Trans Hex Group Limited - Renewal of cautionary announcement relating to the acquisition of Namaqualand Mines Trans Hex Group Limited (Incorporated in the Republic of South Africa) (Registration number: 1963/007579/06) Share code: TSX ISIN: ZAE000018552 ("Trans Hex" or "the Company") RENEWAL OF CAUTIONARY ANNOUNCEMENT RELATING TO THE ACQUISITION OF NAMAQUALAND MINES Shareholders are referred to the cautionary announcements, dated 6 May 2011, 21 June 2011, 2 August 2011, 13 September 2011, 26 October 2011, 7 December 2011, 23 January 2012, 5 March 2012 and 16 April 2012 wherein Trans Hex announced that an agreement with De Beers Consolidated Mines Limited ("DBCM") had been signed in terms of which, and subject to certain conditions precedent, its 50% held joint-venture company, Emerald Panther Investments 78 (Proprietary) Limited, will acquire assets and liabilities relating to Namaqualand Mines, a division of DBCM ("the Proposed Transaction"). Shareholders are advised that Trans Hex is currently finalising certain aspects of the Proposed Transaction and therefore shareholders should continue to exercise caution when dealing in the Company`s securities until a full terms announcement is made. For and on behalf of the board Cape Town 28 May 2012 Transactional Advisor QuestCo (Pty) Limited Transactional Sponsor QuestCo (Pty) Limited Transactional Attorneys to Trans Hex Bowman Gilfillan Attorneys Inc JSE Sponsor Sasfin Capital (A division of Sasfin Bank Limited) Date: 28/05/2012 07:05:02 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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