Miranda - Resolution of JSE query and withdrawal o
MMH
MMH
Miranda - Resolution of JSE query and withdrawal of 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")
Resolution of JSE query and withdrawal of cautionary announcement
Shareholders are referred to the cautionary announcement dated 28 July
2006. The board is pleased to announce that all matters raised by the JSE
Limited (JSE) have been resolved without any impact on the company"s
financial or operational standing. These matters relate to the status of
the Competent Person"s Report on the company"s Rozynenbosch base metals
deposits in the Northern Cape (CPR), as well as the valuation and treatment
of the Rozynenbosch asset in the company"s interim financial results.
The company has been advised that "the JSE, on advice from the South
African Mineral Resources Committee (SAMREC) Readers panel, are satisfied
that the CPR, as submitted, complies with the SAMREC code and the JSE
Listings Requirements and that the valuation on which the revaluation of
the Rozynenbosch deposit is based, is acceptable".
Accordingly, shareholders are no longer required to exercise caution when
dealing in their securities.
Centurion
16 October 2006
Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 16/10/2006 09:48:05 AM 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
