Trans Hex - Trans Hex And Epia Minerals (Proprietary) Limited Conclude Agreement
With Namdeb Diamond Corporation (Proprietary) Limited
Trans Hex Group Limited
Incorporated in the Republic of South Africa
(Registration number 1963/007579/06)
JSE code: TSX
ISIN: ZAE000018552
(`Trans Hex` or `the Group`)
TRANS HEX AND EPIA MINERALS (PROPRIETARY) LIMITED CONCLUDE AGREEMENT WITH NAMDEB
DIAMOND CORPORATION (PROPRIETARY) LIMITED
Trans Hex reported in November 2004 that it had concluded an agreement with
Namibian empowerment company, Epia Minerals (Propietary) Limited (`Epia`), to
jointly pursue various opportunities in Namibia.
Trans Hex is pleased to announce that Epia has concluded a renewable one year
contract with Namdeb Diamond Corporation (Propietary) Limited (`Namdeb`),
whereby Epia will conduct marine exploration and mining activities for Namdeb on
certain of their Namibian marine concessions. Trans Hex will, in terms of its
agreement with Epia, provide and operate its two marine mining vessels, mv Ivan
Prinsep and mv Namakwa, in order to assist Epia in meeting its contract
obligations with Namdeb.
`We are delighted that the agreement with Namdeb will provide a solid platform
for us to develop our strategic partnership with Epia and that we are able to
assist our Namibian partners in the exploitation of Namibian mineral assets and
with the transfer of skills to Namibians` noted Trans Hex`s Managing Director,
Llewellyn Delport.
FOR FURTHER INFORMATION PLEASE CONTACT:
Trans Hex Group Limited
Llewellyn Delport
Telephone 021 937 2001 Mobile 082 457 0316
11 February 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
Date: 11/02/2005 04:30:02 PM
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