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PAN AFRICAN RESOURCES PLC - Response To Media Reports Regarding Pan Africans Participation In The Navachab Mine Disposal Process

Release Date: 18/10/2013 08:00
Code(s): PAN     PDF:  
Wrap Text
Response To Media Reports Regarding Pan African’s Participation In The Navachab Mine Disposal Process

Pan African Resources PLC
(‘Pan African’ or the ‘Company’)
Incorporated and registered in England and Wales under Companies Act 1985 with
registered number 3937466 on 25 February 2000
AIM: PAF/JSE: PAN
ISIN: GB0004300496

RESPONSE TO MEDIA REPORTS REGARDING PAN AFRICAN’S PARTICIPATION IN THE
NAVACHAB MINE DISPOSAL PROCESS

Pan African shareholders (“Shareholders”) are advised that certain reports have been published in
the media regarding Pan African’s participation in the disposal process by AngloGold Ashanti Limited
of its Navachab mine. There can be no certainty that such participation will result in any transaction
relating to Navachab.

In light of the above, Shareholders are advised that Pan African is not at a stage in any negotiations
for any asset or venture which would necessitate exercising caution when trading in the Company’s
securities. Announcements in this regard will be published if appropriate.

Rosebank

18 October 2013



Sponsor: One Capital

Enquiries

South Africa

                                                     UK

Pan African Resources                                Canaccord Genuity Limited – Nomad and Joint Broker

Mr Ron Holding                                       Andrew Chubb / Peter Stewart / Joe Weaving

Chief Executive Officer                              +44 (0) 20 7523 8350

+27 (0) 11 243 2900




Mr Cobus Loots

Finance Director

+27 (0) 11 305 8900
One Capital                                              finnCap Limited – Joint Broker

Sholto Simpson / Liezl Gildenhuys                        Elizabeth Johnson / Joanna Weaving

+27 (0) 11 550 5000                                      +44 (0) 20 7220 0500




Vestor Investor Relations                                St James’s Corporate Services Limited

Louise Brugman                                           Phil Dexter

+27 (0) 11 787 3015                                      +44 (0) 20 7796 8647

+27 83 504 1186

                                                         Gable Communications

                                                         Justine James

                                                         +44 (0) 20 7193 7463 / +44 (0) 7525 324431

For further information on Pan African, please visit the website at www.panafricanresources.com

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