Renewal of cautionary announcement regarding the offer by Wits Gold for the acquisition of Southgold Exploration Proprietary
06.01.2014 | CNW
JOHANNESBURG, Jan. 6, 2014 - Further to the cautionary announcements by the Company released on SENS and filed on SEDAR dated Friday, 21 June 2013, Friday, 5 July 2013, Monday, 19 August 2013, Tuesday, 1 October 2013 and Tuesday, 12 November 2013, shareholders are advised that the definitive transaction agreements relating to the offer by Wits Gold to acquire Southgold Exploration Proprietary Limited (the "Offer") are still being negotiated which may have a material effect on the price at which the Company's securities trade. Shareholders are therefore advised to continue to exercise caution when dealing in Wits Gold's securities until a further announcement is made. Upon the detailed transaction agreements having been finalised, a full terms announcement including the pro forma financial effects of the Offer on the reported financial information of Wits Gold, as well as the salient dates and times relating to the implementation of the Offer, including the effective date, will be announced to shareholders.
Johannesburg
6 January 2014
Corporate Adviser
Qinisele Resources Proprietary Limited
Lead JSE Sponsor
Macquarie First South Capital Proprietary Limited
JSE Sponsor
PricewaterhouseCoopers Corporate Finance Proprietary Limited
South African Legal Adviser
Brink Falcon Hume Inc
Canadian Legal Adviser
Stikeman Elliott
WITWATERSRAND CONSOLIDATED GOLD RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
JSE Code: WGR, TSX Code: WGR
ISIN: ZAE000079703, CUSIP Number: S98297104
SOURCE Wits Gold
Contact
Witwatersrand Consolidated Gold Resources Limited
Philip Kotze, Chief Executive Officer
Tel: +27 11 832 1749
Hethen Hira, Vice President: Corporate Affairs
Tel: +27 11 832 1749
www.witsgold.com