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TAW - Tawana - Slight Delay In South African Listing Of Rights Offer

Release Date: 20/01/2010 15:44:23      Code(s): TAW
TAW - Tawana - Slight Delay In South African Listing Of Rights Offer            
                   Shares On JSE                                                
Tawana Resources NL                                                             
(Incorporated in Australia)                                                     
(Registration number ACN 085 166 721)                                           
Share code on the JSE Limited: TAW                                              
ISIN: AU000000TAW7                                                              
Share code on the Australian Stock Exchange Limited: TAW                        
ISIN: AU000000TAW7                                                              
("Tawana" or "the Company")                                                     
Slight Delay In South African Listing Of Rights Offer Shares On JSE             
Shareholders are referred to the offer document dated 29 December 2009 wherein  
it stated that the rights offer shares would be issued and listed on the JSE    
from 21 January 2010.                                                           
Shareholders who have subscribed to the one for one pro rate non-renounceable   
rights offer are advised that in compliance with the relevant Foreign Exchange  
Control Regulations a spreadsheet of all acceptees has been submitted to the    
South African Reserve Bank for final approval.  Only on receipt of the          
spreadsheet duly endorsed by the Bank may the shares be issued and listed. The  
directors have been advised that this process may take a few more days          
necessitating a revision of the announced issue and listing date of 21 January  
2010.  We anticipate this date to be within the next 7 days, and will make a    
further announcement in due course.                                             
20 January 2010                                                                 
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 20/01/2010 15:44:23 Supplied by www.sharenet.co.za                     
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