| Wed 10 Aug 2011, 7:05 | | GDO - Gold One International Limited - Posting of transaction documents in |
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GDO
GDO
GDO - Gold One International Limited - Posting of transaction documents in
respect of the A$0.55 per share cash offer
Gold One International 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
OTCQX International: GLDZY
ISIN: AU000000GDO5
("Gold One" or the "company")
POSTING OF TRANSACTION DOCUMENTS IN RESPECT OF THE A$0.55 PER SHARE CASH OFFER
Further to the announcement released by Gold One on Wednesday, 03 August 2011,
Gold One shareholders ("Shareholders") are advised that the Bidder`s Statement,
Target`s Statement and Notice of Meeting and the Explanatory Memorandum
(collectively, the "Transaction Documents") relating to the A$0.55 per Gold One
share ("Share") cash offer ("Offer") and minimum A$150 million capital injection
into Gold One (collectively the "Transaction") by a consortium of Chinese
investors (the "Consortium") acting through a special purpose vehicle, BCX Gold
Investment Holdings Limited ("BCX Gold"), were posted to Shareholders on Monday,
08 August 2011.
BCX Gold has provided the notice required by Section 633(1) Item 8 of the
Australian Corporations Act 2001 (Cth), regarding completion of the dispatch of
its Bidder`s Statement, to ASX Limited (see Annexure A hereto).
Shareholders are reminded that the Transaction Documents are also available for
download from the company`s website at www.gold1.co.za and from the ASX Limited
website at www.asx.com.au.
The board of directors of Gold One fully supports the Transaction and recommends
that Shareholders VOTE IN FAVOUR of the resolution to issue Shares to BCX Gold,
in the absence of a superior proposal. Furthermore, the board of directors of
Gold One recommends that Shareholders who wish to realise, in whole or in part,
their investment in Gold One for cash, ACCEPT THE OFFER (in whole or in part),
after the general meeting (provided that Shareholder approval is obtained) and
in the absence of a superior proposal.
For the detailed timetable relating to the Transaction, Shareholders are
referred to the announcement released on Wednesday, 03 August 2011.
ENDS
Parktown, Johannesburg
10 August 2011
JSE Sponsor
MACQUARIE FIRST SOUTH CAPITAL (PTY) LIMITED
Issued by Gold One International Limited
www.gold1.co.za
For further information contact:
On behalf of Gold One:
Neal Froneman
President and CEO
+27 11 726 1047 (office)
+27 83 628 0226 (mobile)
neal.froneman@gold1.co.za
Mark Wheatley
Chairman
+61 2 9963 6400 (office)
+61 417 688 539 (mobile) mark.wheatley@gold1.com.au
Ilja Graulich
Investor Relations
+27 11 726 1047 (office)
+27 83 604 0820 (mobile)
ilja.graulich@gold1.co.za
Carol Smith
Investor Relations
+27 11 726 1047 (office)
+27 82 338 2228 (mobile)
carol.smith@gold1.co.za
Derek Besier
Farrington National Sydney
+61 2 9332 4448 (office)
+61 421 768 224 (mobile)
derek.besier@farrington.com.au
Sean Chilvers
Macquarie Capital
+27 11 583 2283 (office)
+27 83 280 4101 (mobile) sean.chilvers@macquarie.com
Grey Egerton-Warburton
Hartleys
+61 8 9268 2851 (office)
+61 417 355 165 (mobile) grey_warburton@hartleys.com.au
On behalf of the Consortium:
Clement Kwong
Long March Capital
+86 108 515 1966 (office)
+86 1860 218 9000 (mobile) clement@longmarchcapital.com
Craig Forbes
Rand Merchant Bank
+27 11 282 1156 (office)
+27 72 237 2001 (mobile) craig.forbes@rmb.co.za
About Gold One
Gold One is a gold producer listed on the financial markets operated by the ASX
Limited and the JSE Limited, issuer code GDO. Its flagship operation is the
newly built shallow Modder East mine on the East Rand, some 30 kilometres from
Johannesburg.
Modder East is the first new mine to be built in the region in 28 years and
distinguishes itself from most of the other gold mines in South Africa owing to
its shallow nature (300 metres to 500 metres below surface). To date Modder East
has provided direct employment opportunities for over 1 100 people. Gold One
also owns the nearby existing Sub Nigel mine, which is used primarily as a
training centre in the build-up of Modder East to full production. Gold One`s
other projects and targets include Ventersburg in the Free State Goldfields, the
Tulo concession in Mozambique and the Etendeka greenfield project in Namibia.
Gold One has an issued share capital of 808,990,251 shares.
About the Consortium
The members of the Consortium are established and based in the People`s Republic
of China (PRC). The Consortium is led principally by Baiyin Non-Ferrous Group Co
Ltd, which is a Gansu-based resources smelting and extraction company with a
history of more than 50 years in China. China Africa Development Fund is
primarily a financial investor, and its parent, the China Development Bank
Corporation is also interested in exploring opportunities for follow-on debt and
acquisition financing arising from an investment in Gold One. Long March Capital
Limited is a privately-held investment manager based in Beijing and focussed on
the transactional management of resources investments by Chinese capital abroad.
Long March Capital Limited co-invests in transactions such as the investment in
Gold One, which will be made through co-managed PRC-based and offshore
investment vehicles. CITIC Kingview Capital Management Co. Ltd is an investment
management company, established in 2007, and held jointly by CITIC Group, CITIC
Trust and CITIC Capital, which focuses on the management of Chinese corporate
and individual capital investing in various sectors including real estate,
private equity, pre-IPOs and resources.
This news release does not constitute investment advice. Neither this news
release nor the information contained in it constitutes an offer, invitation,
solicitation or recommendation in relation to the purchase or sale of securities
in any jurisdiction.
This announcement is not for distribution, directly or indirectly, in or into
the United States and does not constitute or form part of an offer or
solicitation to acquire any securities of Gold One in the United States.
Annexure A
QUOTE
BCX GOLD INVESTMENT HOLDINGS LIMITED
COMPANY NUMBER 1615265
NOTICE REQUIRED BY SECTION 633(1) ITEM 8 OF THE CORPORATIONS ACT 2001 (Cwlth)
TO: ASX Limited
BCX Gold Investment Holdings Limited (a company incorporated in the British
Virgin Islands with company number 1615265) gives notice under section 633(1)
Item 8 of the Corporations Act that it has today completed the despatch of its
bidder`s statement ("Bidders Statement") relating to its off-market takeover bid
for all of the ordinary shares in Gold One International Limited (ABN 35 094 265
746) ("Gold One") ("Offer"), as required by section 633(1) Item 6 of the
Corporations Act. The Offer is dated 8 August 2011.
A copy of the Bidder`s Statement as despatched to shareholders of Gold One was
sent to ASX Limited on 3 August 2011 and is available on the ASX website.
Date: 8 August 2011
Signed by SUN Long on behalf of BCX Gold Investment Holdings Limited.
Signed
SUN Long
Sole Director
UNQUOTE
Date: 10/08/2011 07:05:01 Produced by the JSE SENS Department.
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