PZG
PZG
PZG - Pamodzi Gold Limited - Judicial Management Appointment
Pamodzi Gold Limited
Registration number 2002/013039/06
(Incorporated in the Republic of South Africa)
(Previously Bema Gold SA (Proprietary) Limited)
ISIN: ZAE000088563 & JSE Code: PZG
("the Company")
JUDICIAL MANAGEMENT APPOINTMENT
Shareholders are advised that management of the Company applied to the North
Gauteng High Court in Pretoria on 1 April 2009, to place Pamodzi Gold East Rand
(Proprietary) Limited and Pamodzi Gold Free State (Proprietary) Limited under
provisional judicial management, which orders were granted with a return date of
26 May 2009.
The reason for the applications was to provide the Company with time to resolve
the current funding constraints without having to deal with vexatious
liquidation applications.
Judicial Managers will be appointed by the Court on Friday 3 April and
shareholders will be informed through a release on SENS as soon as the
appointment has been made.
Bruma
2 April 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 02/04/2009 13:55:01 Produced by the JSE SENS Department.
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