Simmer & Jack Mines Limited - Cautionary announcem
SIM
SIIF
Simmer & Jack Mines Limited - Cautionary announcement
Simmer & Jack Mines Limited
(Incorporated in the Republic of South Africa)
(Registration number 1924/007778/06)
Share code: SIM & ISIN: ZAE000006722
("Simmers" or "the company")
Cautionary announcement
Simmers shareholders are advised that the company is embarking on a process to
raise capital through its subsidiary First Uranium (Proprietary) Limited in
order to facilitate the development of its uranium and gold assets (the
"Proposed Transaction"). As the first step in this process, Simmers has engaged
RBC Capital Markets and Investec Bank Limited as its advisors.
If successfully concluded, the Proposed Transaction may have an effect on the
price at which the company"s securities trade on the JSE Limited. Accordingly,
Simmers shareholders are advised to exercise caution when dealing in their
Simmers shares until a further announcement is made.
Johannesburg
28 August 2006
South African investment bank
Investec Bank Limited
International investment bank
RBC Capital Markets
Sponsor
Sasfin Capital
a division of Sasfin Bank Limited
Date: 28/08/2006 10:51:03 AM Produced by the JSE SENS Department
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