Samroc - Termination Of Nimag Negotiations And Fur
SAMROC - TERMINATION OF NIMAG NEGOTIATIONS AND FURTHER CAUTIONARY ANNOUNCEMENT
SA Mineral Resources Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
Share code: SAM ISIN: ZAE000012019
("Samroc")
TERMINATION OF NEGOTIATIONS RELATING TO THE ACQUISITION OF NIMAG LIMITED
("NIMAG")
CAUTIONARY ANNOUNCEMENT RELATING TO A NEW PROPOSED TRANSACTION
Further to the cautionary announcement published on SENS on 31 October 2002, and
renewed on 17 December 2002 and on 3 February 2003, shareholders of Samroc are
advised that negotiations relating to the proposed acquisition of NiMag have
been terminated.
On a matter not related to the termination of such negotiations, Samroc has
entered into new negotiations which, if successfully concluded, may have a
material effect on the market price of Samroc"s shares.
Samroc shareholders are advised to exercise caution in dealing in their Samroc
shares until a full announcement is published.
Irene
25 March 2003
Sponsor
Sasfin Bank Limited
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