RNG / JCD - Randgold & Exploration Company / JCI Limited - Update To
RNG KRHT
RNG
RNG / JCD - Randgold & Exploration Company / JCI Limited - Update To
Shareholders
Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share code: RNG
ISIN: ZAE000008819 (Suspended)
NASDAQ trading symbol: RANGY (delisted)
ADR ticker symbol: RNG
("R&E" or "the Company")
JCI LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1894/000854/06
Share code: JCD & ISIN: ZAE0000039681 (Suspended)
("JCI")
Joint announcement by R&E and JCI
Shareholders update on Settlement negotiations
Shareholders are referred to the SENS announcement released on 22 July 2008
where R&E and JCI informed shareholders that a Memorandum of Understanding
("MOU") was signed between the parties. Amongst various conditions, the MOU
provided for a period of 21 days in which the companies were expected to sign a
full and final settlement agreement.
The parties have subsequently agreed to extend the 21 day period to 25 August
2008.
Shareholders will be kept informed of developments.
Johannesburg
19 August 2008
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 19/08/2008 15:53:05 Produced by the JSE SENS Department.
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