| Fri 7 May 2010, 11:31 | | GDO - Gold One International Limited - Potential effects of Australian resource |
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GDO
GDO
GDO - Gold One International Limited - Potential effects of Australian resource
super profit tax
Gold One International Limited
(Previously BMA Gold Limited)
Registered in Western Australia under the Corporations Act, 2001 (Cth)
Registration number ACN: 094 265 746
Registered as an external company in the Republic of South Africa
Registration number: 2009/000032/10
Share code on the ASX/JSE: GDO
ISIN: AU000000GDO5
OTCQX International: GLDZY
("Gold One" or the "company")
POTENTIAL EFFECTS OF AUSTRALIAN RESOURCE SUPER PROFIT TAX
Gold One notes that further to the announcement by the Australian Government on
3 May 2010, the company has received queries from shareholders as to the
potential effects of the proposed Resource Super Profit Tax (`RSPT`). The
underlying intention of the RSPT is the levying of tax on profits arising from
the exploitation of non-renewable resources located in Australia. Gold One, due
to the company not having any operational projects in Australia, does not expect
to have increased taxation charges as a result of the RSPT. Shareholders will be
kept informed about any potential changes should they arise once the new RSPT
has been implemented.
Issued by Gold One International Limited
Website : www.gold1.com.au
For further information contact:
Neal Froneman Ilja Graulich Carol Smith
President and CEO VP: Corporate Affairs Investor Relations
+27 11 726 1047 (office) +27 11 726 1047 (office) +27 11 726 1047 (office)
+27 83 628 0226 (mobile) +27 83 604 0820 (mobile) +27 82 338 2228 (mobile)
neal.froneman@gold1.co.za ilja.graulich@gold1.co.za carol.smith@gold1.co.za
Parktown, Johannesburg
7 May 2010
Sponsor
Macquarie First South Advisers (Pty) Limited
About Gold One:
Gold One International Limited is a gold producer listed on the financial
markets operated by ASX Limited (the Australian Securities Exchange) and JSE
Limited (the Johannesburg Stock Exchange), issuer code `GDO`. Its flagship
operation is the newly built shallow Modder East mine on the East Rand, some 30
kilometres from Johannesburg; Gold One also owns the nearby existing Sub Nigel
mine, which is used primarily as a training centre in the build-up of the Modder
mine to full production. Its other projects and targets include Ventersburg and
Bothaville, both in the Free State goldfields, the Tulo concession in Mozambique
and the Etendeka greenfields project in Namibia. Gold One has an issued share
capital of 805,747,835 shares.
Date: 07/05/2010 11:31:01 Produced by the JSE SENS Department.
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