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Tue 28 Jun 2011, 16:43 ARQ - Anooraq - Further Cautionary Announcement
ARQ
ARQ                                                                             
ARQ - Anooraq - Further Cautionary Announcement                                 
Anooraq Resources Corporation                                                   
(Incorporated in British Columbia, Canada)                                      
(Registration number 10022-2033)                                                
TSXV/JSE share code: ARQ                                                        
AMEX share code: ANO                                                            
ISIN: CA03633E1088                                                              
("Anooraq")                                                                     
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders of Anooraq ("Shareholders") are referred to the cautionary         
announcement dated 13 May 2011 relating to the discussions between Anooraq and  
Anglo Platinum Limited (the "Parties") surrounding a potential transaction      
between them. As stated in that announcement, the nature of these discussions   
surrounds the completion of a strategic review by the Parties of the assets and 
financing structures of, and relating to Bokoni Platinum Holdings (Pty) Limited,
with a view to Anooraq effecting a restructuring and refinancing transaction in 
respect thereof.                                                                
As these discussions remain ongoing, Shareholders are advised to continue to    
exercise caution when dealing in their Anooraq securities until a further       
announcement is made.                                                           
Johannesburg                                                                    
28 June 2011                                                                    
JSE Sponsor                                                                     
Macquarie First South Advisers (Pty) Limited                                    
Issued on behalf of Anooraq Resources Corporation                               
On behalf of Anooraq                                                            
Joel Kesler                                                                     
Executive: Corporate Development                                                
Office: +27 11 779 6800                                                         
Mobile: +27 82 454 5556                                                         
Russell and Associates                                                          
Charmane Russell                                                                
Office: +27 11 880 3924                                                         
Mobile: +27 82 372 5816                                                         
Macquarie First South Advisers                                                  
Natalie Di-Sante/ Annerie Britz/ Yvette Labuschagne/                            
Melanie de Nysschen                                                             
Office: +27 11 583 2000                                                         
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that  
term is defined in policies of the TSX Venture Exchange) accepts responsibility 
for the adequacy or accuracy of this release.    The NYSE Amex has neither      
approved nor disapproved the contents of this press release.                    
For further information on Anooraq, investors should review the Company`s annual
Form 40-F filing with the United States Securities and Exchange Commission at   
www.sec.gov and home jurisdiction filings that are available at www.sedar.com.  
The Company`s Annual Report on Form 40-F, which includes its audited financial  
statements for the fiscal year ended December 31, 2010, was filed with the      
Securities and Exchange Commission on March 23, 2011 and is available at        
www.sec.gov. Shareholders have the ability to receive a hard copy of the        
Company`s complete audited financial statements free of charge upon request.    
Date: 28/06/2011 16:43:05 Produced by the JSE SENS Department.                  
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information disseminated through SENS.                                          
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