Resignation of Chief Financial Officer and Director

VANCOUVER , Nov. 24 /CNW/ - Anooraq Resources Corporation ("Anooraq" or the "Company") (TSXV:ARQ; NYSE Amex:ANO; JSE:ARQ) announces that the board of Anooraq (the "board") has received and accepted the resignation of Mr. Iemrahn Hassen as chief financial officer and director of the Company with effect from Monday, November 23, 2009 .

Mr. Hassen has resigned from the Company to pursue other business interests. The board extends its appreciation to Mr. Hassen for his contribution to the Company and wishes him success in his future business endeavours.

The appointment of a new chief financial officer is currently being considered by the board and will be communicated to shareholders in due course. Appointment of an interim chief financial officer will be announced shortly.

    
    On behalf of the Board of Directors

    Philip Kotze
    President and CEO

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    

This release includes certain statements that may be deemed "forward looking statements". All statements in this release, other than statements of historical facts, that address the engagement of a new chief financial officer, future production, reserve potential, exploration drilling, exploitation activities and events or developments that Anooraq expects are forward looking statements. Anooraq believes that such forward looking statements are based on reasonable assumptions, including assumptions that Anooraq will be able to engage a new chief financial officer within a reasonable period of time. Forward looking statements however, are not guarantees of future performance and actual results or developments may differ materially from those in forward looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, changes in and the effect of government policies with respect to mining and natural resource exploration and exploitation and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward looking statements. For further information on Anooraq, investors should review the Company's annual information form filed on www.sedar.com or its form 20-F with the United States Securities and Exchange Commission and its other home jurisdiction filings that are available at www.sedar.com.

For further information: on Anooraq and its South African properties, please visit our website www.anooraqresources.com or call investor services in South Africa at [phone] or in North America at 1-800-667-2114