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Fri 15 Jun 2012, 8:00 TBX - Thabex Limited - Update to shareholders
TBX
TBX                                                                             
TBX - Thabex Limited - Update to shareholders                                   
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                                                    
UPDATE TO SHAREHOLDERS                                                          
Angel Diamonds Proprietary Limited ("Angel Diamonds") (in liquidation)          
Shareholders are referred to the announcement released on SENS on 30 April 2012.
At the hearing of the First and Second interdict application in the High Court  
of Lesotho on 11 June 2012 of Case Number CIV/APN/664/2010 ("the Case") to,     
inter alia, prevent the Minister of Natural Resources of Lesotho and others to  
proceed with the granting of a Mining Lease to any other entity until the Angel 
Diamonds` application has been considered and the finalisation of the Main Case 
(Case Number CIV/APN/333/2010), the Honourable Judge postponed judgement to 30  
August 2012 in the interlocutory application for security for costs against     
Messrs Mosebo and Engelbrecht in the Case.                                      
The hearing in the Case has been set down for 10 and 11 December 2012 and the   
Honourable Judge has approved that the record in the Main Case become part of   
the record in the Case.                                                         
Johannesburg                                                                    
15 June 2012                                                                    
Sponsor                                                                         
Merchantec Capital                                                              
Date: 15/06/2012 08:00:07 Produced by the JSE SENS Department.                  
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