SABLE PLATINUM LIMITED - Trading Statement

Trading Statement

SABLE PLATINUM LIMITED
(formerly New Corpcapital Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2001/006539/06)
JSE share Code: SLP ISIN: ZAE000167961
(“Sable Platinum” or “the company”)


TRADING STATEMENT


In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading
statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for
the period to be reported upon next will differ by at least 20% from the financial results for the previous
corresponding period.

Shareholders are referred to the circular dated 11 September 2012 wherein Sable Platinum Holdings (Pty) Ltd
(“SPH”) was acquired by the company (then New Corpcapital Limited) (“the acquisition”). The acquisition
which comprised a reverse listing of SPH into the company in terms of the Listings Requirements of the JSE
Limited, marked a change in strategy of the company from realising group assets to investing in several
exploration projects, situated mainly on the Western Limb of the Bushveld Igneous Complex.

As a result of this change in strategy, the company as enlarged by the acquisition (“the group”) has increased
expenditure with a resulting increase in the group’s loss and headline loss per share as the group executes this
strategy.

Additionally, the company changed its year-end from 31 August to 28 February (effective from 28 February
2013).

Accordingly, shareholders are advised that, for the year ended 28 February 2013 (based on anticipated
consolidated group results) the group (comprising the company, SPH and their subsidiaries) anticipates the
loss per share to be between 5% and 15% higher than the previous corresponding period and the headline loss
per share to be between 5% and 15% higher than the previous corresponding period. The previous
corresponding period relates to the year ended 28 February 2012 (based on audited consolidated group results
for SPH and its subsidiaries only).

The financial results for the year ended 28 February 2013 will be released on SENS on or about 31 May 2013.


21 May 2013


Sponsor
Javacapital
Date: 21/05/2013 03:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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