SABLE METALS & MINERAL LTD - Update re specific issue of shares
SMM 201509140023A
Update re specific issue of shares
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
(“SMM” or “the company” or “the group”)
Update re specific issue of shares
Shareholders are referred to the announcements released on SENS on 11 August 2015.
Broken Land Adventures Proprietary Limited (“BLA”) undertook a financial and legal due diligence
investigation to its satisfaction into the affairs of SMM and its subsidiary Sable Platinum
Holdings Proprietary Limited.
On 14 September 2015 BLA entered into an agreement to subscribe for 200 000 000 (two hundred
million) new shares of SMM for a cash consideration of 4 (four) cents per share for an aggregate
amount of R8 000 000 (eight million Rand), subject to certain conditions precedent referred to
in the previous announcements.
A circular setting out all these transactions will be prepared and sent to shareholders in due
course.
Johannesburg
14 September 2015
Sponsor and transaction adviser
Exchange Sponsors
Date: 14/09/2015 12:02:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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