PZG - Pamodzi Gold Limited - Update on Funding Process
PZG
PZG
PZG - Pamodzi Gold Limited - Update on Funding Process
Pamodzi Gold Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/013039/06)
Share code: PZG
ISIN: ZAE000088563
("Pamodzi Gold" or "the group")
UPDATE ON FUNDING PROCESS
Following the sanction of the court of the sale of the Pamodzi Gold Free State
assets to Harmony Gold Mining Company Limited yesterday, shareholders are
advised that, without the Free State assets, a viable funding solution with the
China-Africa Development Fund ("CADF") will not be possible. Accordingly,
discussions with the CADF have ceased. Further announcements regarding the
future of Pamodzi Gold will be released in due course.
Bruma
17 September 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 17/09/2009 15:13:02 Produced by the JSE SENS Department.
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