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Tue 13 Sep 2011, 16:27 TBX - Thabex Limited - Trading statement
TBX
TBX                                                                             
TBX - Thabex Limited - Trading statement                                        
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                                                    
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited, companies are         
required to publish a trading statement as soon as they are satisfied           
that a reasonable degree of certainty exists that the financial results         
for the period to be reported on will differ by 20% or more from the            
financial results for the previous corresponding period.                        
Shareholders are hereby advised that Thabex is currently finalising its         
results for the year ended 28 February 2011. Accordingly, a review of           
the financial results for the year ended 28 February 2011 by management,        
has indicated a loss per share of between 1.15 cents and 1.30 cents and         
headline loss per share of between 1.15 cents and 1.30 cents based on a         
weighted average number of shares in issue of 239 868 870 compared to a         
loss per share and headline loss per share of 0.63 cents and 2.21 cents,        
respectively, for the previous corresponding period                             
The financial information on which this trading statement is based has          
not been reviewed or reported on by the Company`s auditors.                     
The results for the year ended 28 February 2011 are expected to be              
released on SENS on                                                             
15 September 2011.                                                              
Johannesburg                                                                    
13 September 2011                                                               
Sponsor                                                                         
Merchantec Capital                                                              
Date: 13/09/2011 16:27:01 Produced by the JSE SENS Department.                  
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