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MIDDLE EAST DIAMOND RESOURCES LIMITED - Trading statement

Release Date: 14/11/2016 12:53
Code(s): MED     PDF:  
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Trading statement

MIDDLE EAST DIAMOND RESOURCES LIMITED
(formerly Sable Metals and Minerals Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2001/006539/06)
(JSE code: MED ISIN: ZAE000211876)
(“MEDR” or the “Company”)

Trading update

In terms of section 3.4(b) of the JSE Listings Requirements, companies are required to publish a
trading statement as soon as they are satisfied that a reasonable degree of certainty exists that
the financial results for the period will differ by at least 20% from the financial results for the
previous corresponding period.

The company is in the process of finalising its interim results for the period ended 31 August 2016
and MEDR advises shareholders that the loss and headline loss are expected to be between 0.25
and 0.45 cents per share compared to a loss and headline loss of 1.81 cents per share for the
comparable period equating to an improvement in the loss of between 75% to 86%.

The financial information on which this trading statement is based has not been reviewed or
reported on by the company`s auditors.

The results for the period ended 31 August 2016 are expected to be released by mid-November.

Johannesburg
14 November 2016


Sponsor
Exchange Sponsors

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