| Tue 1 Nov 2011, 7:05 | | GDO - Gold One International Limited - Gold One Not Bidding for Blyvoor Mine |
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GDO
GDO
GDO - Gold One International Limited - Gold One Not Bidding for Blyvoor Mine
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
ISIN: AU000000GDO5
OTCQX International: GLDZY
("Gold One" or the "company")
Gold One Not Bidding for Blyvoor Mine
Gold One wishes to clarify that it is not bidding for any stake in DRDGold
Limited`s Blyvoor Mine, as was incorrectly reported by the South African Sunday
Times Business Times weekly newspaper in an article titled "Rand gold price
boosts Blyvoor bids", published in print and online on 29 October, 2011. Gold
One has not submitted any proposal to acquire any stake in the Blyvoor Mine
whatsoever and has no intention of making any such bid in the foreseeable
future.
ENDS
Issued by Gold One International Limited
www.gold1.co.za
Parktown, Johannesburg
01 November 2011
JSE Sponsor
Macquarie First South Capital (Pty) Limited
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
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
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 1,500 people. 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
809,324,408 shares
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.
Date: 01/11/2011 07:05:45 Produced by the JSE SENS Department.
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