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ATLATSA RESOURCES CORPORATION - Atlatsa announces delay in filing of unaudited interim financial statements

Release Date: 14/08/2015 14:45
Code(s): ATL     PDF:  
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Atlatsa announces delay in filing of unaudited interim financial statements

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 ANNOUNCES DELAY IN FILING OF UNAUDITED INTERIM FINANCIAL STATEMENTS

August 14, 2015 – Atlatsa Resources Corporation (“Atlatsa” or the “Company”) (TSX: ATL; JSE: ATL)
announced today that, due to the uncertainties surrounding its operations, financial condition and the state of
commodity markets, it is not in a position, by today’s deadline, to file its unaudited interim financial statements
for the three and six months ended June 30, 2015 (“Financial Statements”) and the related management’s
discussion and analysis (“MD&A”) and related Chief Executive Officer and Chief Financial Officer certificates.
At this time it is uncertain as to when the Company will be able to finalize its Financial Statements and related
disclosures.

Atlatsa remains in discussions with Anglo American Platinum Limited 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. As previously disclosed in Section 1.11 “Liquidity” of
the MD&A of Financial Condition and Results of Operations for the year ended December 31, 2014 and note 2
“Going Concern” of the Consolidated Financial Statements for the year ended December 31, 2014 filed on
SEDAR and EDGAR, significant doubt remains regarding the Company's ability to continue as a going
concern. No assurances can be given that the issues being faced by the Company will be resolved.

The Company has made and the British Columbia Securities Commission, as principal regulator for the
Company, has approved an application under National Policy 12-203 – Cease Trade Orders for Continuous
Disclosure Defaults (“NP 12-203”) requesting that a management cease trade order be imposed in respect of
this late filing rather than an issuer cease trade order. The issuance of a management cease trade order generally
does not affect the ability of persons who have not been directors, officers or insiders of the Company to trade
in their securities. The British Columbia Securities Commission will issue the management cease trade order on
Monday, August 17, 2015.

The Company confirms that it will satisfy the provisions of the alternative information guidelines under NP 12-
203 by issuing bi-weekly default status reports in the form of news releases for so long as it remains in default
of the filing requirements to file its Financial Statements and MD&A within the prescribed period of time. The
Company confirms that there is no other material information relating to its affairs that has not been generally
disclosed.


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 / Taryn Carter
Office: +27 11 550 5000

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