Miranda Mineral Holdings Limited - Cautionary anno
MMH
MMH
Miranda Mineral Holdings Limited - Cautionary announcement
Miranda Mineral Holdings Limited
(previously Proper Group Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1998/001940/06)
Share code: MMH & ISIN: ZAE000074019
("Miranda" or "the company" or "the group")
Cautionary announcement
Shareholders are referred to the Competent Person"s Report on the company"s
Rozynenbosch Lead-Silver-Zinc-Copper deposit in the Northern Cape ("CPR"), an
extract of which was initially released on SENS on 8 March 2006. The company
herewith advises that the JSE has queried certain aspects regarding the SAMREC-
compliant status of the CPR as announced and that the Competent Person is in the
process of updating the CPR to ensure its full compliance with the SAMREC code.
The board and the Competent Person consider that the information at hand exceeds
the requirements for compliance and expect the process of updating and amending
the existing report to be concluded by 14 August 2006.
Shareholders are further referred to the publication of the company"s reviewed
abridged interim results for the six months ended 28 February 2006 on 15 June
2006. The company advises that the JSE has requested further information
regarding the compliance of the CPR, the valuation and treatment of the
Rozynenbosch deposit in the company"s interim results. The board is working
with the JSE to resolve these enquiries as speedily as possible, but
shareholders are advised to exercise caution when dealing in the company"s
securities until a further announcement is made in this regard.
Centurion
28 July 2006
Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)
Corporate Advisor
Radagast Capital (Pty) Limited
Date: 28/07/2006 09:06:07 AM Produced by the JSE SENS Department
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