TRANS HEX GROUP LIMITED - Further update in respect of the acquisition of Namaqualand Mines
TSX 201310160033A
Further update in respect of the acquisition of Namaqualand Mines
Trans Hex Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1963/007579/06)
Share code: TSX
ISIN: ZAE000018552
("Trans Hex" or "the Company")
FURTHER UPDATE IN RESPECT OF THE ACQUISITION OF
NAMAQUALAND MINES
With reference to the proposed acquisition by Trans Hex’s
50% held company, Emerald Panther Investments 78 (Pty)
Limited of Namaqualand Mines (“NM”) from De Beers
Consolidated Mines Limited (“DBCM”) and the cautionary
announcement published on SENS on 10 October 2013:
Shareholders are advised that discussions centered on
resolving the only outstanding issue, viz. agreement
between DBCM and the State regarding the State’s 20
percent interest in NM, are continuing.
Trans Hex and DBCM have agreed to extend their engagement
for a further two weeks, i.e. until 30 October 2013.
Further announcements will be made in due course and the
necessary shareholder processes will be completed once
the outstanding issue has been resolved.
For and on behalf of the board
Cape Town
16 October 2013
Transactional Attorneys to Trans Hex
Bowman Gilfillan Attorneys Inc
JSE Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)
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