Update on Restructure Plan: South African Reserve Bank Grants Approval

News provided by

Atlatsa Resources Corporation

Oct 08, 2013, 09:00 ET

JOHANNESBURG, Oct. 8, 2013 /CNW/ - Atlatsa Resources Corporation (Atlatsa or the Company) (TSXV: ATL; NYSE MKT: ATL; JSE: ATL) is pleased to announce that the Exchange Control division of the South African Reserve Bank has granted the necessary approvals for the Company to implement its restructure plan with Anglo Platinum relating to Atlatsa and the Bokoni group of companies, first announced on 27 March 2013 (the restructure plan).

These approvals fulfill an important condition precedent for the implementation of the restructure plan, 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

On behalf of Atlatsa Resources 
Joel Kesler, Chief Commercial Officer 
Office: +27 11 779 6800 
Mobile: +27 82 454 5556

Russell and Associates 
Pam Wolstenholme 
Office: +27 11 880 3924 
Mobile: +27 82 872 6387

Macquarie First South Capital 
Annerie Britz 
Office: +27 11 583 2000

Organization Profile

Atlatsa Resources Corporation

Anooraq Resources is a platinum group metals mining, exploration and development company, controlling the third largest PGM resource base in South Africa. Anooraq controls and operates the Bokoni Platinum Mines, located on the eastern limb of the Bushveld Complex, and...