SENTULA MINING LIMITED - Benicon Mining Disposal Fulfilment of Conditions Precedent

Benicon Mining Disposal – Fulfilment of Conditions Precedent

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


BENICON MINING DISPOSAL – FULFILMENT OF CONDITIONS PRECEDENT



Further to the announcements released on SENS on 28 February 2014, 14 April 2014, 16 May 2014, 27 May
2014 and 25 June 2014, and to the circular to shareholders of Sentula issued on 27 May 2014 (and using
the terms defined therein unless otherwise stated), shareholders are hereby advised that the Benicon Mining
Conditions Precedent have been fulfilled and that the Benicon Mining Disposal is now unconditional. The
parties to the Benicon Mining Sale Agreement have agreed in writing to extend the date on which Roan
makes payment of the Purchase Consideration, less the Deposit, to Sentula from the Benicon Mining
Disposal Closing Date to (i) on or about 6 February 2015 in respect of an amount of R5 000 000 (five million
rand) and (ii) 27 February 2015 in respect of the balance of the Purchase Consideration.


6 February 2015

Sponsor
Merchantec Capital

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