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CENTRAL RAND GOLD LIMITED - Iprop Dispute Update

Release Date: 05/06/2017 15:15:00      Code(s): CRD       PDF(s):  
Iprop Dispute Update

Central Rand Gold Limited
(Incorporated as a company with limited liability under the laws of Guernsey,
Company Number 45108)
(Incorporated as an external company with limited liability under the laws of South Africa,
Registration number 2007/019223/10)
ISIN: GG00B92NXM24
LSE share code: CRND JSE share code: CRD
(“Central Rand Gold” or the “Company”)


Iprop Dispute Update



iProp Dispute Update

Shareholders are referred to the announcements dated 17 May 2017 and 22 May 2017 (and using the
terms defined therein unless otherwise stated) pertaining to, inter alia, the iProp Dispute, and are hereby
advised that iProp has subsequently withdrawn the application, and each company will bear their own
legal costs.

The Company’s cash position remains challenging, and the directors of the Company (“Directors”)
continue to make every effort to secure financing solutions. The Directors are considering a number of
solutions, which may include the sale of the Company’s operating assets. The Company’s shares will
remain suspended for the time being pending further developments.

For further information, please contact:

Central Rand Gold                                                                    +27 (0) 87 310 4400
Lola Trollip

ZAI Corporate Finance Ltd - Nominated Adviser & Broker                              +44 (0) 20 7060 2220
John Treacy

Brandon Hill Capital Limited – Broker                                               +44 (0) 20 3463 5000
Jonathan Evans / Wei Jiao

Merchantec Capital - JSE Sponsor                                                     +27 (0) 11 325 6363
Monique Martinez / Marcel Goncalves



Johannesburg
5 June 2017


The information communicated in this announcement is inside information for the purposes of Article 7 of
Market Abuse Regulation 596/2014 ("MAR").

Date: 05/06/2017 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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