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SIBANYE GOLD LIMITED - Sibanye-Stillwaters indirect holding in Aldebaran following completion of the Altar transaction

Release Date: 05/11/2018 16:04
Code(s): SGL     PDF:  
Wrap Text
Sibanye-Stillwater’s indirect holding in Aldebaran following completion of the Altar transaction

Sibanye Gold Limited
Trading as Sibanye-Stillwater
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye-Stillwater” or “the Group” or “the Company”)

Sibanye-Stillwater’s indirect holding in Aldebaran following completion of the Altar
transaction

Johannesburg, 5 November 2018. Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) is
pleased to advise that subsequent to the closure of the Altar transaction on 25 October
2018, the common shares of Aldebaran were listed and commenced trading on the TSX
Venture Exchange (TSXV) on 2 November 2018 under the ticker symbol "ALDE".

As previously announced on 26 October 2018, it now holds 19.9% or 15,449,555 shares in
Aldebaran through its subsidiary (Sibanye Canada LLC) and has received US$15 million
in cash.

For the full release which are being disseminated on the TSXV please refer to
https://www.sibanyestillwater.com/investors/transactions/altar.

Ends.

Contacts:

Email: ir@sibanyestillwater.com

James Wellsted
Head of Investor Relations
+27 (0) 83 453 4014

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

FORWARD LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of the “safe harbour”
provisions of the United States Private Securities Litigation Reform Act of 1995. All statements
other than statements of historical fact included in this announcement may be forward-looking
statements. Forward-looking statements may be identified by the use of words such as “will”,
“would”, “expect”, “may”, “could” “believe”, “anticipate”, “target”, “estimate” and words of
similar meaning. These forward-looking statements, including among others, those relating to
our future business prospects, financial positions, ability to reduce debt leverage, business
strategies, plans and objectives of management for future operations and the anticipated benefits
and synergies of transactions, are necessarily estimates reflecting the best judgement of our
senior management. Readers are cautioned not to place undue reliance on such statements. Forward
looking statements involve a number of known and unknown risks, uncertainties and other factors,
many of which are difficult to predict and generally beyond the control of Sibanye-Stillwater
that could cause Sibanye-Stillwater’s actual results and outcomes to be materially different
from historical results or from any future results expressed or implied by such forward-looking
statements. As a consequence, these forward-looking statements should be considered in light of
various important factors, including those set forth in the Group’s Annual Integrated Report
and Annual Financial Report, published on 30 March 2018, and the Group’s Annual Report on Form
20-F filed by Sibanye-Stillwater with the Securities and Exchange Commission on 2 April 2018
(SEC File no. 001-35785). These forward-looking statements speak only as of the date of this
announcement. Sibanye-Stillwater expressly disclaims any obligation or undertaking to update or
revise these forward-looking statements, save as required by applicable law.

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