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SABLE METALS & MINERAL LTD - Signing of agreement with the Sekutlobyane Landowners Association

Release Date: 13/10/2014 17:09
Code(s): SMM     PDF:  
Wrap Text
Signing of agreement with the Sekutlobyane Landowners Association

SABLE METALS AND MINERALS LIMITED
(formerly Sable Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2001/006539/06)
JSE share code: SMM ISIN: ZAE000185674
(“Sable”)


SIGNING OF AGREEMENT WITH THE SEKUTLOBYANE LANDOWNERS ASSOCIATION


Shareholders are advised that Great 1 Line Invest (Pty) Ltd (“the company”), a subsidiary of Sable has
signed a shareholder’s agreement (“the agreement”) with the Sekutlobyane Landowners Association on
Saturday, 11 October 2014.

The prospecting right with bulk sampling rights for Vanadium on Portion 3 of the Farm Uitvalgrond,
North West has become unconditional at the Department of Mineral Resources with the signing of this
agreement.

Sable is currently in the process of finalising the terms of delivery of the bulk sample for metallurgical
testing. The successful conclusion of the metallurgical testing on the bulk sample will likely lead to a
long-term ore supply contract.


13 October 2014


Sponsor
Java Capital

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