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SIMMER AND JACK MINES LIMITED - Trading Statement

Release Date: 06/09/2012 17:00
Code(s): SIM     PDF:  
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Trading Statement

Simmer & Jack Mines, Limited
(Incorporated in the Republic of South Africa)
(Registration number 1924/007778/06)
Share code: SIM
ISIN: ZAE000006722
("Simmers" or “the Company”)

TRADING STATEMENT

Simmers is currently finalising its results for the year ended 30
June 2012, which should be released on SENS before the end of
September 2012.

In this regard, shareholders are advised that the headline loss
will be between 0.40 and 0.50 cents per share. The headline loss
for the 15 month period to 30 June 2011 (“previous period”) was
91.06 cents per share. Earnings for the year ended 30 June 2012
are expected to be between 1.40 and 1.70 cents per share, compared
to a loss of 190.88 cents per share in the previous period.

Earnings per share are largely attributable to the successfully
completed sale of the last remaining asset, Transvaal Gold Mining
Estates, as reported on previously.

The forecast financial information on which this trading statement
is based has not been reviewed and reported on by the Company’s
external auditors.

Rivonia
6 September 2012

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 06/09/2012 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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