Sharenet Sites 
Sharenet Sites
Granting of General Authorisation of Water Use
BAUBA PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/004649/06)
Share code: BAU ISIN: ZAE000145686
(“Bauba” or “the Company”)
GRANTING OF GENERAL AUTHORISATION OF WATER USE
Introduction
Further to the acquisition of chrome assets and the granting of the mining permit in 2014, the board of
directors of Bauba is pleased to announce that the Department Water and Sanitation has granted Bauba’s
major subsidiary, Bauba A Hlabirwa Mining Investments Proprietary Limited, a General Authorisation of
water use on the Farm Moeijelijk 412KS and accordingly, the last legislative condition to commence full scale
mining operations has been fulfilled.
Operational Impact
Initial site establishment has already been conducted and detailed planning of the open cast mining
operation was finalised in anticipation of the approval of the General Authorisation. This approval, together
with the Small Scale Mining Permit received in November 2014, allows for approximately 240 000 metric
tonnes of run of mine chrome ore to be mined at a planned 20 000 metric tonnes per month at full
production. It is expected that the first chrome production will occur before the end of this month.
An application for a long-term Mining Right in respect of chrome on the farm Moeijelijk has already been
submitted to the Department of Mineral Resources.
Chief Executive Officer of Bauba, Syd Caddy, commented: “I am very pleased to announce the fulfilment of
the legislative conditions for the commencement of mining operations as this positions the Company to
immediately start in all earnest to pursue its objective of becoming both a cash generating chrome producer
and exploration company. This positively distinguishes Bauba from many of its peers in that its current
platinum/PGM exploration program will become substantially self-funded, thereby avoiding early dilution of
shareholder value.”
This announcement includes certain forward-looking statements and forward-looking information. All
statements other than statements of historical fact included in this announcement including, without
limitation, statements regarding future plans and objectives of Bauba, are forward-looking statements (or
forward-looking information) that involve various risks, assumptions and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual values, results and future events could
differ materially from those anticipated in such statements.
Any forward-looking information in this announcement speaks only at the time of issue and there can be no
assurance that such statements will prove to be accurate as actual values, results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Bauba does not undertake to update any forward-looking statements
that are included herein, or revise any changes in events, conditions or circumstances on which any such
statement is based, except in accordance with applicable securities laws and JSE Listings Requirements.
Johannesburg
23 February 2015
Sponsor
Merchantec Capital
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