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NORTHAM PLATINUM LIMITED - Northam receives section 102 consent for the acquisition of a portion of the Amandelbult mining right

Release Date: 25/08/2017 07:05
Code(s): NHM NHM002 NHM003     PDF:  
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Northam receives section 102 consent for the acquisition of a portion of the Amandelbult mining right

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
Debt issuer code: NHMI
Bond code: NHM002        Bond ISIN: ZAG000129024
Bond code: NHM003        Bond ISIN: ZAG000129032
(“Northam”)


NORTHAM RECEIVES SECTION 102 CONSENT FOR THE ACQUISITION OF A PORTION OF THE
AMANDELBULT MINING RIGHT


Northam shareholders are referred to the announcement released on 11 October 2016 in respect
of, inter alia, the acquisition by Northam of a portion of the Amandelbult mining right, contiguous
with the north western boundary of Northam’s Zondereinde mine, for a cash consideration of
R1 billion (the “transaction”).

Northam is pleased to announce that it has received consent from the Minister of Mineral
Resources in terms of section 102 of the Mineral and Petroleum Resources Development Act, No.
28 of 2002 for the resource acquisition. The section 102 consent fulfils one of the key conditions
precedent to the transaction.

Paul Dunne, Northam’s Chief Executive Officer, said “Northam is pleased to have achieved this
significant milestone and looks forward to concluding the transaction in due course.”

Johannesburg
25 August 2017

Corporate Advisor, Sponsor and Debt Sponsor: One Capital

Attorneys: Cliffe Dekker Hofmeyr Inc.

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