Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Fri 20 Mar 2015, 8:40 SABLE METALS & MINERAL LTD - Cautionary announcement
SMM 201503200009A
Cautionary announcement

SABLE METALS AND MINERALS LIMITED
(formerly Sable Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2001/006539/06)
JSE share code: SMM ISIN: ZAE000185674
(“Sable” or “the Company”)


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that Sable has signed an agreement in terms of which an investor will provide
funding to the Company on the basis that negotiations are being conducted with the investor with a view
to it acquiring one or more assets from Sable (“the loan agreement”). Should the negotiations result in
a transaction being concluded, the loan will be set off against the purchase price payable for the asset
sale. If negotiations do not result in a transaction being concluded then the loan will be repayable,
together with interest thereon, within 90 days from the effective date of the loan agreement, being
23 March 2015. It is anticipated that an agreement on the asset sale will be concluded before the end of
April 2015.

Accordingly, shareholders are advised to exercise caution when dealing in the Company's securities
until a further announcement is made.

20 March 2015


Sponsor
Java Capital

Date: 20/03/2015 08:40:00 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: