SAM - Samroc - Results Of General Meeting - Acquisition Of Oil Concessions
SAM
SAM
SAM - Samroc - Results Of General Meeting - Acquisition Of Oil Concessions
By Samroc
SA MINERAL RESOURCES CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
Share code: SAM
ISIN: ZAE000110029
("Samroc"")
RESULTS OF GENERAL MEETING - ACQUISITION OF OIL CONCESSIONS BY SAMROC
Shareholders are referred to the circular to Samroc shareholders dated 24
October 2008 relating , inter alia, to the acquisition by Samroc of certain oil
concessions in the Democratic Republic of Congo ("DRC"), an issue of Samroc
shares to the oil concession vendors; the introduction of a share option scheme,
the granting of share options to non-executive directors, a change of Samroc`s
name to SacOil Holdings Limited and the transfer of its listing to the "Mining -
Integrated Oil and Gas" sector of the JSE Limited list ("the transactions") and
are advised that at a general meeting of Samroc shareholders held on 21 November
2008, all the ordinary and special resolutions relating to the transactions were
approved by the requisite majority of Samroc shareholders.
A further announcement will be made by not later than 4 December 2008 confirming
the salient dates relating to the change of name.
Shareholders are reminded that the acquisition of the DRC oil concessions
remains subject to the fulfilment, by not later than 31 December 2008, of the
outstanding suspensive condition that the President of the DRC issue an
Ordinance or equivalent authorisation of the relevant Production Sharing
Agreements in respect of the DRC Oil Concessions.
Midrand
27 November 2008
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 27/11/2008 12:51:02 Produced by the JSE SENS Department.
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