SUB NIGEL GOLD MINING COMPANY LIMITED - WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
SUB NIGEL GOLD MINING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1984/006179/06)
Share code: SBN ISIN: ZAE 000006391
(`Sub Nigel` or `the company`)
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcement dated 11 May 2004
relating to the proposed investment by Centurion Gold Holdings Incorporated
(`Centurion`)in the company and are advised that the board of directors of Sub
Nigel has terminated these negotiations with immediate effect due to the failure
of Centurion to provide Sub Nigel with proof of its financial capability to
finance the investment, as required in terms of the Memorandum of Understanding
signed between the parties on the 10th May 2004.
Centurion will accordingly not proceed with a due diligence investigation on Sub
Nigel. Furthermore, no information has been disclosed to Centurion that relates
to the Ventersburg and Spaarwater Projects and of the Company as a whole.
Shareholders are therefore no longer required to exercise caution when dealing
in their Sub Nigel shares in this regard. Shareholders are however referred to
the cautionary announcement dated 5 May 2004 and are advised to continue to
exercise caution when dealing in their Sub Nigel shares until a further
announcement is made.
Johannesburg
4 June 2004
Sponsor
Sasfin Corporate Finance
A division of Sasfin Bank Limited
Date: 04/06/2004 04:36:12 PM Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
