Further Cautionary Announcement And Black Economic
Thabex Exploration Limited - Further Cautionary Announcement And Black Economic
Empowerment Negotiations
Thabex Exploration Limited
(`Thabex` or `the Company`)
Registration No 1988/000763/06
(Incorporated in the Republic of South Africa)
JSE share code: TBX
ISIN Code: ZAE000013686
Young Lions Exploring Africa
FURTHER CAUTIONARY ANNOUNCEMENT AND BLACK ECONOMIC EMPOWERMENT NEGOTIATIONS
Platinexco (Pty) Ltd (`Platinexco`)
Shareholders are referred to the further cautionary announcement published on
SENS on 30 November 2004 dealing with the dispute between the South African
Reserve Bank and Thabex regarding the release of the proceeds of disposal of
Platinexco. The Company is confident that this dispute will be resolved
amicably.
Black Economic Empowerment (`BEE`)
Thabex has entered into negotiations with a BEE group which negotiations, if
concluded successfully, may influence the price of the Company`s securities.
As a result, shareholders are herewith advised that they should continue to
exercise caution when dealing in the Company`s securities until a further
announcement relating to the above transactions is published.
Johannesburg
29 April 2005
Sponsor
PSG Capital Limited
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