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

Fri 26 Jan 2018, 8:15 MINE RESTORATION INVESTMENTS LIMITED - Quarterly update
MRI 201801260006A
Quarterly update

MINE RESTORATION INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1987/004821/06)
hare Code: MRI
ISIN Code: ZAE000164562
("MRI" or “the Company”)

QUARTERLY UPDATE


Shareholders are referred to the:
-      previous cautionary announcements, the last of which was dated 22 December 2017;
-      last quarterly update which was dated 26 October 2017; and
-      SENS announcement, dated 29 July 2016, relating to the voluntary suspension of the
       Company’s shares on the JSE Limited (“JSE”) (“the Suspension”).

In line with paragraph 1(10)(c) of the JSE Listing Requirements, the Company is obliged to give an
update to the market of the state of the affairs of the Company until the Suspension is lifted.

The directors wish to advise shareholders that the previous proposed transaction that underpinned
the recapitalisation of the Company was not concluded and that the Board is now investigating a new
proposed transaction in the chrome industry (“the New Transaction”). The New Transaction will
continue to involve the parties engaged in the recapitalisation of the Company.

The Board will continue to inform shareholders of the progress of the assessment of the New
Transaction.


Rosebank
26 January 2018


Designated Advisor
Questco Corporate Advisory (Pty) Ltd

Date: 26/01/2018 08:15:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.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: