Mazal Mining And Exploration Limited - Further Cau
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the terms announcement published by the company on 31 July 2001
and the cautionary announcement published on 7 September 2001, shareholders
are advised that the agreement concluded with Ore Vest plc ("Ore Vest") was
breached by Ore Vest and accordingly cancelled by Mazal.
Negotiations are still in progress with various significant players in the
diamond industry, which negotiations if successfully concluded may have a
material effect on the price of the company's securities. Accordingly
shareholders are advised to continue exercising caution when dealing in the
company's securities until a full announcement is made.
Johannesburg
19 October 2001
Sponsor
BoE Merchant Bank
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