Chrometco Limited - Resignation and appointment of
CMO
CMO
Chrometco Limited - Resignation and appointment of directors
CHROMETCO LIMITED
(previously known as "Sweet Equity Investments (Pty) Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2002/026265/06)
(JSE Code: CMO ISIN: ZAE000070249)
("Chrometco" or "the company")
Resignation and appointment of directors
Warning: The listing of 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 a Designated Advisor it must make arrangement 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.
In compliance with paragraph 3.59 of the Listings Requirements of the JSE
Limited, shareholders attention is drawn to the fact that Mr. Mike Saner
resigned as non-executive chairman of the company with effect from 17 January
2006.
The board is happy to announce the appointments of Mr. John Francey as non-
executive director and Mr. Bruce Williamson, previously a non-executive
director, as non-executive chairman of Chrometco with effect from 18 January
2006.
19 January 2005
Pretoria
Designated Advisor
River Sponsors (Pty) Ltd
Date: 19/01/2006 02:15:54 PM Produced by the JSE SENS Department
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