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Update on interim interdict on the environmental authorisation of the Makhado Project
Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU000000CZA6
JSE/ASX/AIM share code: CZA
("CoAL or the "Company" or the "Group")
ANNOUNCEMENT 09 DECEMBER 2015
UDPATE ON INTERIM INTERDICT ON THE ENVIRONMENTAL AUTHORISATION OF THE MAKHADO
PROJECT
In December 2014, an interim court interdict was issued against the Environmental Authorisation for
the Makhado Project.
CoAL launched a counter- application in March 2015 to set the interdict aside. On Thursday,
3 December 2015, this matter was heard in the North Gauteng High Court. After hearing argument
from counsel from both parties, judgment was reserved and the matter postponed to consider the
papers filed and arguments made.
Judgement was handed down on Tuesday 8 December 2015 on two matters, firstly being the
condition to compel CoAL to conduct a Strategic Regional Impact Assessment and secondly a
review of the Environmental Authorisation. The condition compelling CoAL to conduct a Strategic
Regional Impact Assessment has been set aside. The interim interdict against the Environmental
Authorisation remains in place pending the review of the authorisation.
Based on the interim nature of the interdict, and various other factors, we do not believe that it will
delay our timeline regarding the commencement of the construction in H2 2016.
CoAL will study the judgment in detail, and will review its various options available.
For more information contact:
David Brown Chief Executive Officer Coal of Africa +27 10 003 8000
De Wet Schutte Chief Financial Officer Coal of Africa +27 10 003 8000
Celeste Riekert Investor Relations Coal of Africa +27 10 003 8000
Tony Bevan Company Secretary Endeavour Corporate Services +61 08 9316 9100
Company advisors:
Jos Simson/Emily Fenton Financial PR (United Kingdom) Tavistock +44 20 7920 3150
Matthew Armitt/Ross Allister Nominated Adviser Peel Hunt LLP +44 20 7418 8900
Charmane Russell/Jane Kamau Financial PR (South Africa) Russell & Associates +27 11 880 3924 or
+27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL’s key projects include the Vele
Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL’s Makhado Project (coking and thermal coal).
AU: Coal of Africa Limited, Suite 8, 7 The Esplanade, Mount Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9316 5475
ZA: South Block, Summercon Office Park, Cnr Rockery Lane and Sunset Avenue, Lonehill, 2191, Tel: +27 10 003 8000 Fax: +27 11 388 8333 Email: adminza@coalofafrica.com
Bernard R. Pryor – Chairman, David H. Brown – Chief Executive Officer,
Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla ,Thabo F Mosololi, Rudolph H. Torlage
Date: 09/12/2015 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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