ATLATSA RESOURCES CORPORATION - Correction of press release announcing the financial results for the quarter ended June 30, 2018

Release Date: 15/08/2018 16:54
Code(s): ATL
 
Wrap Text
Correction of press release announcing the financial results for the quarter ended June 30, 2018

Atlatsa Resources Corporation
(Incorporated in British Columbia, Canada)
(Registration number 10022-2033)
TSX/JSE share code: ATL
ISIN: CA0494771029
(“Atlatsa” or the “Company”)

CORRECTION OF PRESS RELEASE ANNOUNCING THE FINANCIAL RESULTS FOR THE QUARTER
ENDED JUNE 30, 2018

August 15, 2018 Atlatsa Resources Corporation (“Atlatsa” or the “Company”) (TSX: ATL; JSE: ATL) hereby
refers shareholders to the press release announcing its operating and financial results for the quarter ended
June 30, 2018 published on August 14, 2018 (“Q2 2018 Results”). Shareholders are advised that the headline
and diluted headline loss per share (“HEPS”) information relating to the three months ended June 30, 2017 and
the six months ended June 30, 2017, both as disclosed under the “Financial Results – Quarter ended June 30,
2018 (“Q2”) 2018” heading as well as the total tax effects of adjustments (“Tax Adjustments”) for the six months
ended June 30, 2017, as disclosed under the “Reconciliation of headline loss attributable to Atlatsa shareholders”
heading, in the Q2 2018 Results, were incorrectly stated.

Shareholders are hereby advised to refer instead to the following HEPS and Tax Adjustment disclosure:

Financial Results – Quarter ended June 30, 2018 (“Q2”) 2018

                                             Three Months      Three Months       Six Months        Six Months
                                              ended June        ended June        ended June        ended June
                                               30, 2018          30, 2017          30, 2018          30, 2017
                                                $ million         $ million         $ million         $ million

 Headline and diluted headline loss per            (4)               (3)              (9)               (6)
 share – $ cents


Reconciliation of headline loss attributable to Atlatsa shareholders

                                             Three Months      Three Months       Six Months        Six Months
                                              ended June        ended June        ended June        ended June
                                               30, 2018          30, 2017          30, 2018          30, 2017
                                               $ million         $ million         $ million         $ million

Total tax effects of adjustments                   -               (7.4)               -               (7.5)
 


All other information contained in the Q2 2018 Results and the Company’s unaudited condensed consolidated
interim financial statements for the three and six months ended June 30, 2018 and the related Management’s
Discussion and Analysis of Financial Condition and Results of Operations filed on http:///www.sedar.com, copies
of which are also available at http://www.atlatsaresources.co.za/investors-and-media/financial-results-mdas
remains unchanged.


Queries:

On behalf of Atlatsa
Joel Kesler
Chief Commercial Officer
Office: +27 10 286 1166
Email: Joel@atlatsa.com

JSE Sponsor:
One Capital Sponsor Services Proprietary Limited
Taryn Carter
Office: +27 11 550 5000
Email: sponsor@onecapital.co.za

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