ASR
ASR
ASR - Assore Limited - Termination of discussions and withdrawal of cautionary
Assore Limited
(Incorporated in the Republic of South Africa)
(Registration number 1950/037394/06)
Share code: ASR & ISIN: ZAE000017117
("Assore" or "the company")
TERMINATION OF DISCUSSIONS AND WITHDRAWAL OF CAUTIONARY
Further to the cautionary announcement released on 12 March 2008 ("the
cautionary announcement"), Assore shareholders are advised that the parties have
been unable to reach agreement on the suite of definitive agreements as
contemplated in the cautionary announcement, and the discussions in relation
thereto have accordingly been terminated.
All the parties remain committed to empowerment in the South African mining
industry. Assore will actively continue to explore various options that will
result in the company meeting the equity ownership targets specified under the
Socio-Economic Empowerment Charter for the South African Mining Industry.
As a result, the cautionary announcement is hereby withdrawn.
Illovo
Johannesburg
24 April 2008
Sponsor to Assore
Standard Bank
Date: 24/04/2008 17:19:00 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.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
