Atlatsa Resources Corporation - Update on restructure plan: DMR approves mineral rights transfer
07 Octubre 2013 - 9:00AM
PR Newswire (Canada)
JOHANNESBURG,
Oct. 7, 2013 /CNW/ - Atlatsa
Resources Corporation (Atlatsa) (TSXV: ATL; NYSE MKT: ATL; JSE:
ATL) is pleased to announce that the South African Department of
Mineral Resources has granted its consent in terms of Section 11 of
the South African Mineral and Petroleum Resources Development Act
for the sale and transfer of mineral rights relating to the
Boikgantsho Platinum project from Atlatsa to Anglo American
Platinum Limited (Anglo Platinum).
The Boikgantsho Platinum project is situated on the Northern
Limb of the Bushveld Igneous Complex in South Africa and lies adjacent to Anglo
Platinum's Mogalakwena Mine operations.
This consent fulfils an important condition precedent for the
implementation of the restructure plan announced between Anglo
Platinum and Atlatsa on 27 March
2013, which the parties expect to finalise during
October 2013.
Please refer to www.atlatsaresources.co.za for details of the
restructure plan.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release. The NYSE MKT LLC has neither approved nor disapproved
the contents of this press release.
SOURCE Atlatsa Resources Corporation
Copyright 2013 Canada NewsWire
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