BRIEF-DRDGold says to sell some mining rights, assets for 220 mln rand

July 25 Fri Jul 25, 2014 8:41am EDT

July 25 (Reuters) - DRDGold Ltd :

* Disposal of the mining rights of East Rand Proprietary Mines Limited and related assets and cautionary announcement

* Agreed purchase consideration of 220 million rand

* Sale to ERPM South Africa Holdings Proprietary Limited, a company nominated by Walcot Capital

* Shareholders are advised to exercise caution when dealing in co's securities until a full announcement is made Source text for Eikon: Further company coverage: