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MINE RESTORATION INVESTMENTS LIMITED - Renewal of cautionary announcement

Release Date: 22/02/2016 16:52
Code(s): MRI     PDF:  
Wrap Text
Renewal of cautionary announcement

 MINE RESTORATIONS INVESTMENTS LIMITED
 Incorporated in the Republic of South Africa
 (Registration No. 1987/004821/06)
 Share Code: MRI
 ISIN Code: ZAE000164562
 ("MRI" or “the Company”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the detailed cautionary announcement released on SENS on Tuesday,
1 September 2015, in which MRI disclosed indicative terms of the acquisition of approximately 39.2%
of the issued share capital of Iron Mineral Beneficiation Services Proprietary Limited (“IMBS”) (“the
IMBS Acquisition”), and the renewal thereof on Wednesday, 25 November 2015.

Shareholders are advised that, due to delays in the commissioning of IMBS’s Phalaborwa plant, the
Company is engaging with the shareholders of IMBS regarding the potential restructuring of the IMBS
Acquisition. Accordingly, shareholders are advised to continue to exercise caution when dealing in
MRI’s securities until a further announcement is made.


Rosebank

22 February 2016


Designated Advisor to MRI
Questco (Pty) Ltd

Date: 22/02/2016 04:52:00 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.

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