| Wed 25 Apr 2012, 14:00 | | ARQ - Anooraq Resources Corporation - Anooraq announces implementation of Name |
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ARQ
ARQ
ARQ - Anooraq Resources Corporation - Anooraq announces implementation of Name
Change
Anooraq Resources Corporation
(Incorporated in British Columbia, Canada)
(Registration number 10022-2033)
TSXV/JSE share code: ARQ
NYSE AMEX share code: ANO
ISIN: CA03633E1088
("Anooraq" or the "Company")
ANOORAQ ANNOUNCES IMPLEMENTATION OF NAME CHANGE
Anooraq announces that it is proceeding with the implementation of its name
change as previously approved by shareholders, from Anooraq Resources
Corporation to Atlatsa Resources Corporation (the "Change of Name").
Anooraq is pleased to advise that the TSX Venture Exchange ("TSX-V") has
accepted Anooraq`s application in respect of the Change of Name and authorized
Anooraq to proceed with implementation of the Change of Name.
The rationale for the Change of Name is to reflect the South African focus of
the Company following the acquisition of Bokoni Platinum Mine concluded in July
2009. `Atlatsa` is an African word meaning `to make prosperous`.
The Change of Name will be legally effective upon the filing of the notice of
alteration with British Columbia Corporate Registry. Accordingly, a further
announcement will be made as soon as filing has taken place, setting out the
finalisation information.
Salient dates and times for the Implementation of Change of Name
The salient dates and times for the implementation of the Change of Name are set
out below.
2012
File notice of amendment of the articles of
incorporation of the Company to effect the Change
of Name with British Columbia Corporate Registry Tuesday, 24 April
Certificate of amendment registered by British
Columbia Corporate Registry Tuesday, 24 April
Declaration information released on SENS (and filed
with the Canadian Securities Administrators` System
for Electronic Document Analysis and Retrieval Wednesday, 25 April
("Sedar"))
Declaration information published in the South Thursday,26 April
African press
Finalisation data released on SENS and filed with
the Canadian Securities Administrators` System Wednesday, 2 May
Sedar
Finalisation information published in the South Thursday, 3 May
African press
Last day to trade under the old name `Anooraq Friday, 11 May
Resources Corporation` on the JSE, TSX-V and the
NYSE Amex ("Amex")
Trading under the new name `Atlatsa Resources Monday, 14 May
Corporation` commences on the JSE, TSX-V and Amex
under the symbol `ATL`, abbreviated name `ATLATSA`,
and new ISIN:CA0494771029 from the commencement of
trading on
JSE record date for the Change of Name Friday, 18 May
New share certificates reflecting the Change of
Name posted by registered post, to South African
certificated shareholders who have surrendered
their documents of title on or before 12:00 Central Monday, 21 May
African time ("CAT") on the record date (see note
iii below) on or about
Dematerialised South African Shareholders` accounts
updated with the new name by their Central
Securities Depository Participant or broker on Monday, 21 May
Notes:
1. The dates and times indicated in the table above are subject to change. Any
such changes will be disseminated by news release and released on SENS,
filed with Sedar and published in the South African press.
2. South African Shareholders will not be able to dematerialise or
rematerialise securities in the name of Anooraq after Friday, 11 May 2012,
and may only dematerialise their new certificates in the name of Atlatsa
Resources Corporation from Monday, 21 May 2012.
3. Shareholders, other than South African certificated Shareholders, are not
required to surrender their existing share certificates or take any other
actions with respect to the Change of Name. South African certificated
Shareholders who surrender their existing documents of title after 12:00
CAT on the record date will have their new share certificates mailed within
five business days of receipt thereof by the South African transfer
secretaries of the Company, being Computershare Investor Services (Pty)
Limited, situated at ground floor, 70 Marshall Street, Johannesburg, 2001,
by registered post, at the risk of the shareholders concerned.
Johannesburg
25 April 2012
JSE Sponsor
Macquarie First South Capital (Pty) Limited
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 Capital
Annerie Britz / Yvette Labuschagne / Melanie de Nysschen
Office: +27 11 583 2000
The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release. The NYSE Amex has neither approved nor disapproved
the contents of this press release.
This release includes certain statements that may be deemed "forward looking
statements". All statements in this release, other than statements of historical
facts, that address the Change of Name and events or developments that Anooraq
expects are forward looking statements. Anooraq believes that such forward
looking statements are based on reasonable assumptions, including assumptions
that Anooraq will be able to engage a new chief financial officer within a
reasonable period of time. Forward looking statements, however, are not
guarantees of future performance and actual results or developments may differ
materially from those in forward looking statements. Factors that could cause
actual results to differ materially from those in forward looking statements
include delays in regulatory approval timing and other procedural matters
relating to the Change of Name. Investors are cautioned that any such statements
are not guarantees of future performance and those actual results or
developments may differ materially from those projected in the forward looking
statements. For further information on Anooraq, investors should review the
Company`s annual report on Form 20-F filing with the United States Securities
and Exchange Commission at www.sec.gov and available, together with the
Company`s other disclosure documents, at www.sedar.com.
Date: 25/04/2012 14:00:04 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
