Yomhlaba Resources Ltd - Statement And Directors R
Yomhlaba Resources Ltd - Statement And Directors Resignation
YOMHLABA RESOURCES LTD
(formerly Zenith Concessions Limited)
Registration number: 1994/009012/06
Share Code: YBA ISIN: ZAE000060281
(`Yomhlaba` or `the Company`)
SENS STATEMENT - 15 June 2005
YOMHLABA RESOURCES LTD
AltX
Warning: The listing of the ordinary shares in the company is on the ALTX.
Shareholders are advised of the risks of investing in a company listed on the
ALTX. Shareholders are advised that the JSE does not guarantee the viability or
the success of a company listed on the ALTX. In terms of the JSE Listings
Requirements a designated advisor has to be retained by the company. The
designated advisor is required to, inter alia, attend all board meetings held by
the company to ensure that all JSE Listings Requirements and applicable
regulations are complied with, approve the financial director of the company and
guide the company in a competent, professional and impartial manner. If the
company fails to retain the designated advisor it must make arrangements to
appoint a new designated advisor within 10 business days, failing which the
company faces suspension of trading of its securities. If a designated advisor
is not appointed within 30 days of its suspension the company faces the
termination of its listing without an offer to minority shareholders
The Company would like to draw the attention of its shareholders to an article
published in the Business Day on 14 June 2005 stating, amongst others that the
Company is to merge with Motjoli Resources. Shareholders are advised that this
article was not issued or authorised by the Company and consequently, the
Company distances itself from any statement made in the said article. The
Company is currently in negotiations and shareholders will be kept informed.
In compliance with paragraph 3.59 of the Listings Requirements of the JSE
Securities Exchange South Africa, shareholders attention is drawn to the fact
that Mr. John Taylor has resigned with effect from 13 June 2005 from the board
of directors of Yomhlaba.
Designated Advisor
River Group
Date: 15/06/2005 12:07:14 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
