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GO LIFE INTERNATIONAL LIMITED - Renewal of Cautionary Announcement

Release Date: 18/03/2021 13:44
Code(s): GLI     PDF:  
Wrap Text
Renewal of Cautionary Announcement

GO LIFE INTERNATIONAL LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: 098177 C1/GBL)
Primary Listing SEM share code: GOLI.N0000
Secondary Listing JSE share code: GLI ISIN: MU0330N00004
(“the Company” or “Go Life”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the previous renewal of cautionary announcements, the last of which
was dated 4 February 2021, in which they were advised that:

1.     The properties held within Bon Healthcare Properties were disposed of by the liquidators of
       the Calitz Trust following the sequestration of the Calitz Trust, which still had the properties
       encumbered;
2.     that this has necessitated the full impairment of the Company’s largest asset and has resulted
       in the significant deterioration of the Company’s financial position; and
3.     that the Company is pursuing legal action in this matter and will look to recover and cancel
       the shares issued for this transaction.

There have been no further developments since the publication of the last cautionary
announcement and Go Life shareholders are accordingly advised to continue to exercise caution
when dealing in their securities until a further announcement is made.

Go Life has its primary listing on the Stock Exchange Mauritius and a secondary listing on the ALTx of
the JSE.

This notice is issued pursuant to SEM Listing Rule 11.3 and the Mauritian Securities Act 2005. The Board
of Directors of Go Life accepts full responsibility for the accuracy of the information contained in
this announcement.


For and on behalf of the board
Mauritius
18 March 2021

Executive Directors:                                                         Non-Executive Directors:
Mxolisi Motau                                                                 Mohamed Yusuf Sooklall
Mr Patrick Wysoczanski                                                                 Dr Peter Koll

JSE Sponsor:
AcaciaCap Advisors Proprietary Limited

Date: 18-03-2021 01:44:00
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