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SENTULA MINING LIMITED - Closing announcement

Release Date: 12/12/2012 16:45
Code(s): SNU     PDF:  
Wrap Text
Closing announcement

SENTULA MINING LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1992/001973/06)
Share code: SNU ISIN: ZAE000107223
(“Sentula”)

ANNOUNCEMENT RELATING TO THE INTRODUCTION OF THEBE MINING RESOURCES
PROPRIETARY) LIMITED AS SENTULA’s STRATEGIC BLACK ECONOMIC EMPOWERMENT
PARTNER


Shareholders of Sentula (“Shareholders”) are referred to the announcement released on the Securities
Exchange News Service of the JSE Limited on Monday, 29 October 2012 and published in the press on
Tuesday, 30 October 2012, which sets out the terms of the proposed introduction of Thebe Mining
Resources (Proprietary) Limited (through its wholly-owned subsidiary, Main Street 1057 Proprietary
Limited) as Sentula’s Strategic Black Economic Empowerment Partner as a 40% shareholder in Sentula’s
existing empowerment consortium, Shanike Investments No 171 Proprietary Limited (RF) (“Transaction”).


Shareholders are advised that the conditions precedent to the Transaction have now been fulfilled and
accordingly the Transaction has been implemented in accordance with its terms.


Johannesburg
12 December 2012


Investment bank and transaction sponsor
The Standard Bank of South Africa Limited


Sponsor
Merchantec Capital


Attorneys and legal advisors
Edward Nathan Sonnenbergs Inc.


IR Advisors
College Hill


Financial advisor to the Anglo American Khula Mining Fund
Vunani Corporate Finance




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