PZG - Pamodzi Gold Limited - Status Of Fundraising And Cautionary Announcement
PZG
PZG
PZG - Pamodzi Gold Limited - Status Of Fundraising And Cautionary Announcement
Pamodzi Gold Limited
(Formerly Bema Gold SA (Proprietary) Limited)
(Incorporated in South Africa)
(Registration number 2002/013039/06)
Share code: PZG ISIN number: ZAE000088563
("Pamodzi Gold" or "the Company")
STATUS OF FUNDRAISING AND CAUTIONARY ANNOUNCEMENT
Further to the announcement released on SENS on 6 February 2009, shareholders
are advised that whilst the R200 million loan funding from the Industrial
Development Corporation of South Africa Limited was received by the Company in
late December 2008, Pamodzi Gold has not yet received a definitive timeline
regarding the receipt of the additional R200 million loan funding from Best Rock
Investments LLC ("Best Rock") arranged by Pamodzi Resources (Proprietary)
Limited ("Pamodzi Resources"). All of the conditions precedent for the
Best Rock / Pamodzi Resources loan have fulfilled.
Shareholders are advised to exercise caution when dealing in Pamodzi Gold shares
until a further announcement in this regard is made.
Bruma
18 February 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 18/02/2009 08:54:02 Produced by the JSE SENS Department.
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