| Fri 30 Jul 2010, 14:18 | | TBX - Thabex Limited - Relocation of head office and Kolo Kimberlite project |
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TBX
TBX
TBX - Thabex Limited - Relocation of head office and Kolo Kimberlite project
update
Thabex Limited
Incorporated in the Republic of South Africa
(Registration number 1988/000763/06)
Share code: TBX ISIN: ZAE000013686
("Thabex" or "the Company")
Young Lions Exploring Africa
RELOCATION OF HEAD OFFICE AND KOLO KIMBERLITE PROJECT UPDATE
Relocation of Head Office
Shareholders of Thabex are advised that with effect from 1 August 2010, the
Company`s Johannesburg-based head office will be relocated from Ground Floor,
Kiepersol House, Stonemill Office Park, 300 Acacia Road, Darrenwood,
Randburg, to more spacious offices located on-site at the Company`s Monastery
Mine.
The Monastery Mine is located approximately 13 kilometres southwest of the
town of Marquard in the Free State Province. A detailed map and GPS
coordinates will be posted on Thabex`s website, www.thabex.com.
Kolo Kimberlite Project
Shareholders are referred to the SENS announcement dated 22 June 2010 wherein
they were advised that an application in the High Court of Lesotho had been
served on 17 June 2010 on several respondents including Thabex, Angel
Diamonds (Proprietary) Limited, a 60.09% subsidiary of Thabex ("Angel
Diamonds") and Mantle Diamonds Limited ("Mantle Diamonds"), seeking an urgent
interdict to challenge the shareholding of Thabex in Angel Diamonds in terms
of a shareholders agreement which was terminated on 8 September 2009, when
Mantle Diamonds became a 13.33% shareholder in Angel Diamonds. The Case (Case
No: CIV/APN/333/2010), which was to be heard in the High Court of Lesotho on
26 July 2010, has been postponed to 30 August 2010.
Shareholders will be informed in due course of any further developments
regarding the resolution of the above matter, as well as the expected date of
publication of the Company`s February 2010 year end results.
Johannesburg
30 July 2010
Sponsor
Merchantec Capital
Date: 30/07/2010 14:18:01 Produced by the JSE SENS Department.
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