TAW - Tawana Resources NL - Unusual trading clarification
TAW
TAW
TAW - Tawana Resources NL - Unusual trading clarification
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")
Unusual Trading Clarification
Tawana Resources (TAW) advises that it has established that the unusually large
volume of its shares traded on the ASX today was due to the sale of
approximately 5.2 million Tawana shares as a result of the Opes Prime Group
Limited (Opes) realisation process.
The Directors of Tawana have established that these shares were originally held
by a group of investors which had exposure to Opes. Directors have been advised
that there are no further Tawana shares held by the receivers and managers of
Opes.
The Directors further advise that none of their Tawana share holdings are
subject to margin lending facilities.
Tawana has no association with Opes.
Contact:
Wolf Marx
Tel: +61 (0)3 98635222
Mob: +61 (0)428 398446
Email:wolf.marx@tawana.com.au
3 April 2008
Sponsor to TawanaPricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 03/04/2008 08:54:37 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
