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Section 102 Consent
CHROMETCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/026265/06)
Share code: CMO
ISIN Code: ZAE000070249
(“Chrometco” or “the Company”)
SECTION 102 CONSENT
Shareholders are referred to the circular dated 2 October
2012 regarding the acquisition by Chrometco of drill data,
drill core and abandonment of prospecting right in favour of
Chrometco by NKWE Platinum (South Africa) Proprietary Limited
(“NKWE”) and Realm Resources Limited (“Realm”) (“the
Transaction”).
Chrometco is pleased to announce that it has received a
letter from the Department of Mineral Resources granting
consent in terms of section 102 of the Mineral and Petroleum
Resources Development Act No 28 of 2002 to include PGMs, base
and other metals to the existing mining right for Chrome over
the remainder portion of Rooderand.
This is a major milestone towards the completion of the
Transaction. The amendment to the mining right can proceed,
which will conclude the Transaction and result in the issue
of 70 million Chrometco shares to Nkwe and Realm jointly.
Shareholders will be kept informed of progress in this
regard.
14 September 2015
Johannesburg
Designated advisor
PSG Capital Proprietary Limited
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