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Atlatsa Resources Corp And Anglo Platinum Conclude First Phase Of Restructure Plan


Tuesday, 2 Oct 2012 09:01am EDT 

Atlatsa Resources Corp announced that the transactions pursuant to the interim implementation agreement with Anglo American Platinum Limited have been closed and implemented. This series of transactions comprises the first phase of the Company's restructuring, recapitalization and refinancing plan, its wholly owned subsidiary, Plateau Resources Pty Ltd, as well as the Bokoni group of companies. The second phase of the Restructure Plan remains subject to finalization of definitive agreements with respect to such transactions, as well as obtaining the necessary shareholder and regulatory approvals, including from the Department of Mineral Resources, South Africa, applicable stock exchanges and other regulatory bodies. 

Company Quote

0.2038
-0.0152 -6.94%
2 Jul 2013