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
For further information:
On behalf of Atlatsa Resources
Joel Kesler, Chief Commercial Officer
Office: +27 11 779 6800
Mobile: +27 82 454 5556
Russell and Associates
Office: +27 11 880 3924
Mobile: +27 82 872 6387
Macquarie First South Capital
Office: +27 11 583 2000