JOHANNESBURG,
Aug. 29, 2013 /CNW/ - Atlatsa
Resources Corporation ("Atlatsa") is pleased to advise that the
South African Competition Authorities have granted unconditional
approval for implementation of the Company's restructure plan with
Anglo American Platinum announced on 27
March, 2013 ("Restructure Plan").
This approval fulfils a key condition precedent for
implementation of the Restructure Plan, the completion of which is
anticipated to be completed in a series of transaction
implementation steps in September and October 2013.
Cautionary and forward-looking
information
This release contains "forward-looking
statements" that were based on Atlatsa's expectations, estimates
and projections as of the dates as of which those statements were
made, including statements relating to the Restructure Plan and
anticipated financial or operational performance. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as "may", "will", "outlook",
"anticipate", "project", "target", "believe", "estimate", "expect",
"intend", "should" and similar expressions.
Atlatsa believes that such forward-looking
statements are based on material factors and reasonable
assumptions, including the assumption that the Restructure Plan
will be implemented in a timely manner. Forward-looking statements
are subject to known and unknown risks, uncertainties and other
factors that may cause the Company's actual results, level of
activity, performance or achievements to be materially different
from those expressed or implied by such forward-looking statements.
These include but are not limited to, uncertainties related to the
completion of the Revised Restructure Plan in a timely manner, if
at all.
For further information on Atlatsa, investors
should review the Company's Annual Report disclosed in the Form
20-F for the year ended December 31,
2012 filed at www.sedar.com and with the United States
Securities and Exchange Commission at www.sec.gov and other
disclosure documents that are available at www.sedar.com.
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