Bokoni - Update on labour unrest
VANCOUVER, Oct. 9, 2012 /CNW/ - Atlatsa Resources Corporation ("Atlatsa" or the "Company") (TSXV: ATL; NYSE MKT: ATL; JSE: ATL) confirms that 2,161 employees taking part in unprotected industrial action at Bokoni Platinum Mines ("Bokoni") since Monday, 1 October 2012 have been dismissed, following the granting of a court interdict in favour of Bokoni.
Dismissed employees have been given up until the close of business on Wednesday, 10 October 2012 to appeal their dismissal.
Bokoni management continues to work with recognised employee representatives, the authorities and other stakeholders to support the restoration of law and order to the affected areas and to allow dismissed employees who wish to appeal their dismissal to return to work and do so without threat or intimidation.
Further updates will be made in due course.
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
On behalf of Atlatsa Resources
Joel Kesler, Chief Commercial Officer
Office: +27 11779 6800
Mobile: +27 82454 5556
Russell and Associates
Charmane Russell
Office: +27 11880 3924
Mobile: +27 823725816
Macquarie First South Capital
Annerie Britz / Yvette Labuschagne
Office: +27 11583 2000