Witwatersrand Consolidated Gold Resources Limited
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
JSE Code: WGR
TSX Code: WGR
CUSIP Number: S98297104
JOHANNESBURG, South Africa, Nov. 2 /CNW/ -
In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will be more than 20% different from that of the previous corresponding period.
Accordingly, a review of the financial results for the 6 months ended 31 August 2009 by management has indicated that they expect a basic and headline loss of between 10,30 cents per share and 12,55 cents per share. In the prior comparative period the company reported a basic and headline loss per share of 4,28 cents per share.
The increase in the loss and headline loss per share is mainly attributable to a decrease in interest received (R3,66m). The financial information on which this trading statement is based has not been reviewed or reported on by Wits Gold's auditors. The results for the 6 months ended 31 August 2009 are expected to be published on or about 20 November 2009.
30 October 2009
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited
(Registration number 1970/003711/07)
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SOURCE Wits Gold
For further information: For further information: Marc Watchorn, Chief Executive Officer, Tel: +27 11 832 1749; Hethen Hira, Investor Relations, Tel: +27 11 832 1749