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TRANS HEX GROUP LIMITED - Renewal of cautionary announcement relating to the acquisition of Namaqualand Mines

Release Date: 20/09/2012 07:05
Code(s): TSX     PDF:  
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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 prior cautionary announcements,
the last of which was released on SENS on 08 August 2012
wherein Trans Hex announced certain key amendments to the
original agreement with De Beers Consolidated Mines Limited
(“DBCM”) which 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
20 September 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: 20/09/2012 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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