GGM
GGM
GGM - Goliath Gold Mining Limited - Trading statement
GOLIATH GOLD MINING LIMITED
(Formerly White Water Resources Limited)
Incorporated in the Republic of South Africa
(Registration number 1933/004523/06)
Share code: GGM ISIN: ZAE000154753
("Goliath Gold" or "the Company")
TRADING STATEMENT
The annual report released on 24 June 2011 reported that the ordinary share
capital of Goliath Gold was consolidated on 13 May 2011 in the ratio of one new
Goliath Gold ordinary share for every ten Goliath Gold ordinary shares held.
A review of the financial results for the six months ended 30 September 2011 by
the Board has indicated that the earnings per share and headline earnings per
share post consolidation are expected to be between 6.39 cents and 6.57 cents,
compared to the loss per share pre consolidation of 0.86 cents (8.63 cents loss
per share post consolidation) and the headline loss per share pre consolidation
of 0.86 cents (8.57 cents loss per share post consolidation) for the six months
ended 30 September 2010.
Accordingly, in terms of the Listings Requirements of JSE Limited, the Company
is required to publish this trading statement as the Board is reasonably certain
that the financial results for the period to be reported on will differ by more
than 20% from that of 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. Goliath Gold`s financial
results are expected to be released on SENS on or about 30 November 2011.
Johannesburg
7 November 2011
Sponsor
Merchantec Capital
Date: 07/11/2011 08:37:01 Produced by the JSE SENS Department.
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