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GOLD ONE INTERNATIONAL LIMITED - Compulsory Acquisition by BCX Gold Investment Holdings Limited

Release Date: 15/01/2014 07:05
Code(s): GDO     PDF:  
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Compulsory Acquisition by BCX Gold Investment Holdings Limited

Gold One International Limited
Registered in Western Australia under the Corporations Act, 2001 (Cth) with registration
number ACN: 094 265 746
(Registered in South Africa as an external company with registration number
2009/000032/10)
ISIN: AU000000GDO5
Share Code on the ASX/JSE: GDO
OTCQX International: GLDZY
("Gold One" or the “Company”)

Compulsory Acquisition by BCX Gold Investment Holdings Limited

Gold One shareholders (“Shareholders”) are referred to the announcement released on the
Stock Exchange News Service (“SENS”) of the JSE Limited (“JSE”) and submitted to the
Market Announcements Office of the Australian Securities Exchange (“ASX”) on Monday,
9 December 2013 (“Compulsory Acquisition Announcement”), in which it was advised that
BCX Gold Investment Holdings Limited (“BCX Gold”) had lodged a Compulsory Acquisition
Notice informing shareholders of its intention to exercise its rights pursuant to the
compulsory acquisition provisions under Chapter 6A of the Australian Corporations Act 2001
(“Act”), to acquire all of the Acquisition Shares against payment by BCX Gold to Gold One of
the Acquisition Consideration. Capitalised terms not defined in this announcement were
defined in the Compulsory Acquisition Announcement and should be read as so defined.

Shareholders are advised that the objection period closed on Monday, 13 January 2014.

Less than 10% of the remaining 9.97% Shareholders have objected and the Compulsory
Acquisition will continue to be implemented as was set out in the Compulsory Acquisition
Announcement.

BCX Gold will be required, to make payment to Gold One of the total Acquisition
Consideration, to be held in trust by Gold One for payment to Shareholders, pursuant to the
provisions of the Act. A further announcement will be made (“Payment Announcement”) and
correspondence regarding arrangements for payment will be sent to registered Shareholders
by Gold One on or about Friday, 24 January 2014, confirming that the total Acquisition
Consideration has been paid to Gold One and requesting Shareholders to return instructions
on how they require their pro rata Acquisition Consideration to be paid.

Payment will be made to Shareholders upon receipt of the required written instructions and
any further documentation requested from Shareholders or their respective CSDP,
stockbrokers or nominees who are the registered Shareholders of the Acquisition Shares
concerned.

Subsequent to the payment of the Acquisition Consideration by BCX Gold to Gold One and
the Acquisition Shares being registered in the name of BCX Gold, Gold One will be delisted
from both the ASX and the JSE.

Payment and delisting indicative timeline:

Event                                                      Day                Date 2014
Results of objections announced on SENS and ASX            Wednesday          15 January
Last day to trade to be entitled to payment                Thursday           16 January
Trade suspended on the ASX and the JSE                     Friday             17 January
Record Date                                                Thursday           23 January
Payment of Acquisition Consideration by BCX Gold to        Friday             24 January
Gold One
Letter sent to registered Shareholders        regarding Friday             24 January
payment arrangements
Delisting from the ASX and JSE                           Thursday          30 January

Note:
1.    Between the date of the last day to trade and the date of the Record Date no
      transfers of Acquisition Shares between the South African Register and the
      Australian Register will be permitted.
2.    Gold One will be delisted from the JSE once payment to dematerialized shareholders
      on the SA Register has been completed.

South African Exchange Control Regulations
The settlement of the Acquisition Consideration in respect of the Shares registered on the
SA Register will be effected subject to the South African Exchange Control Regulations .
This was dealt with in the Compulsory Acquisition Announcement and will be repeated in the
Payment Announcement.

15 January 2014

JSE Sponsor & Transaction Sponsor
Macquarie First South Capital (Pty) Limited

Date: 15/01/2014 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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