Atlatsa announcement - media release Atlatsa Resources Corporation (Incorporated in British Columbia, Canada) (Registration number 10022-2033) TSX/JSE share code: ATL NYSE MKT share code: ATL ISIN: CA0494771029 (“Atlatsa” or the “Company”) ATLATSA ANNOUNCEMENT July 1, 2015, Atlatsa refers shareholders to Section 1.11 “Liquidity” of the Management’s Discussion and Analysis of Financial Condition and Results of Operations and note 2 “Going Concern” of the Consolidated Financial Statements for the year ended December 31, 2014 filed on SEDAR and EDGAR. On November 10, 2014, a letter of support was received from Anglo American Platinum Limited (“Anglo Platinum”) to provide financial support up to a maximum of CAD$42.4 million (ZAR422.0 million) to March 31, 2016, in the event of unforeseen circumstances not within the Company’s control that may result in Bokoni Platinum Mines Proprietary Limited (“Bokoni Mine”) not meeting its planned cash forecasts (“letter of support”). The letter of support was subject to certain terms and conditions, certain of which were to be met by June 30, 2015. Further to various interactions between Atlatsa, Anglo Platinum and the Department of Mineral Resources, South Africa, the Company advises that the following conditions to the letter of support have not been met within their prescribed time frame: - Definitive agreements in respect of the purchase by Rustenburg Platinum Mines Limited of at least a further 25% in the Kwanda North prospecting rights and at least 60% in the Central Block prospecting rights, have not been executed; and - Given the depressed price of Atlatsa shares and potential dilution to existing shareholders as a result of the share subscription, Atlatsa executives have been restricted from subscribing for CAD$6.0 million (ZAR60 million) of equity in Atlatsa. Atlatsa remains in discussions with Anglo Platinum surrounding the future sustainability of Bokoni Mine as well as potential alternative financial support for the Company, having regard to current challenges within the South African platinum industry. On behalf of Atlatsa Prudence Lebina Head of Investor Relations Office: +27 11 779 6800 Email: PrudenceL@atlatsa.com JSE Sponsor: One Capital Sponsor Services Proprietary Limited Kathy Saunders Office: +27 11 550 5010 Russell and Associates Pam McLeod Office: +27 11 880 3924 Email: pam@rair.co.za Date: 01/07/2015 02:00:00 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.