YBA - Yomhlaba Resources Limited - Commencement of
YBA
YBA
YBA - Yomhlaba Resources Limited - Commencement of trade in the company`s shares
Yomhlaba Resources Limited
(which is to be renamed South African Coal Mining Holdings Limited)
Registration number 1994/009012/06
Share code: YBA
ISIN code: ZAE000060281
("the company")
Commencement of trade in the company`s shares
The company wishes to advise that JSE Limited ("the JSE") has agreed that trade
may commence in the shares of the company on the Main Board with effect from
Tuesday 31 July 2007.
In terms of various transactions, including the restructuring of the company`s
balance sheet, the empowerment transaction in terms of which control of the
company passes to Royal Bafokeng Capital (Pty) Limited and the acquisition of
two operating coal mines (collectively, "the transactions"), the company will be
issuing additional shares. The only remaining formality to be completed, prior
to the JSE agreeing to list these shares, is the lodgement of the mining right
which has been granted to and notarially executed in the name of Umlabu Colliery
(Pty) Limited. The company expects this to happen on or before 1 August 2007.
On that date, an abridged pre-listing statement will be published and the shares
to be issued in respect of the transactions will be listed the following day.
Pretoria
30 July 2007
Sponsor
BDO QuestCo
Date: 30/07/2007 15:27:01 Produced by the JSE SENS Department.
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