JOHANNESBURG,
June 28, 2011 /PRNewswire/ - Anooraq
Resources Corporation ("Anooraq") (TSXV: ARQ); (NYSE Amex: ANO);
(JSE: ARQ) advises that shareholders of Anooraq ("Shareholders")
should refer to the cautionary announcement dated May 13, 2011 relating to the discussions between
Anooraq and Anglo Platinum Limited (the "Parties") surrounding a
potential transaction between them. As stated in that announcement,
the nature of these discussions surrounds the completion of a
strategic review by the Parties of the assets and financing
structures of, and relating to Bokoni Platinum Holdings (Pty)
Limited, with a view to Anooraq effecting a restructuring and
refinancing transaction in respect thereof.
As these discussions remain ongoing,
Shareholders are advised to continue to exercise caution when
dealing in their Anooraq securities until a further announcement is
made.
In terms of paragraph 3.9 of the Listings
Requirements of JSE Limited, shareholders of Anooraq are advised
that the Anooraq Restructuring may have a material impact on the
price at which the securities of Anooraq are trading.
Johannesburg,
28 May 2011
Issued on behalf of Anooraq Resources
Corporation
Neither the TSX Venture Exchange not 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 Amex
has neither approved nor disapproved the contents of this press
release.
For further information on Anooraq, investors
should review the Company's annual Form 40-F filing with the United
States Securities and Exchange Commission at www.sec.gov and home
jurisdiction filings that are available at www.sedar.com. The
Company's Annual Report on Form 40-F, which includes its audited
financial statements for the fiscal year ended December 31, 2010, was filed with the Securities
and Exchange Commission on March 23,
2011 and is available at www.sec.gov. Shareholders have the
ability to receive a hard copy of the Company's complete audited
financial statements free of charge upon request.
SOURCE Anooraq Resources Corporation