To view the PDF file, sign up for a MySharenet subscription.

UNION ATLANTIC MINERALS LIMITED - JSE Directive on Lifting of Suspension

Release Date: 29/08/2019 14:45
Code(s): UAT     PDF:  
Wrap Text
JSE Directive on Lifting of Suspension

Union Atlantic Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/001940/06)
Share code: UAT ISIN: ZAE000254314
(“UNION ATLANTIC MINERALS, UAT or the Company”)



                          JSE Directive on Lifting of Suspension


The Board of the Company is pleased to advise shareholders that the JSE has consented to lift
the suspension of trading in the securities of UAT subject to the completion of the placing and
issue of 194,367,163 shares of UAT for cash under the existing General Authority for a
minimum consideration of R5.8 million (five million eight hundred thousand rand).

Theo Botoulas, Chief Executive Officer of the Company, commented: “The executive
management and Board of the Company are grateful to all professional consultants and
stakeholders who have made a positive contribution in creating a future for UAT in the minerals
space as the only listed Junior Explorer and Developer on the JSE. We intend making a positive
contribution to the rejuvenation of the junior mining sector in South Africa and to creating
value for all shareholders and stakeholders as more fully described in our Integrated Report
2018. The initial capital we intend to raise will be used to complete further studies on the
Rozynenbosch and Renosterkop projects, as well as for general working capital purposes”.

Additional details pertaining to UAT can be found on the Company’s website
www.unionatlanticminerals.com

Centurion
29 August 2019
Sponsor and Corporate Adviser
River Group

Media and investor relations
James Duncan
jamesmairduncan@gmail.com
+27 11 849 4161
+27 70 336 4011

Date: 29/08/2019 02:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story