PAN AFRICAN RESOURCES PLC

Regulatory Filings • Jan 29, 2018

National Storage Mechanism | Additional information

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Pan African Resources Plc - Cautionary Announcement

PR Newswire

London, January 29

Pan African Resources PLC

(Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000)

AIM Code: PAF

JSE Code: PAN

ISIN: GB0004300496

(“Pan African” or the “Company”)

CAUTIONARY ANNOUNCEMENT

The Company is pleased to announce that it has entered into exclusive negotiations with the joint administrators of ASA Resource Group Plc (the “Group”) in relation to acquiring certain of the assets and liabilities of the Group (“the Acquisition”), which if successfully concluded may have a material effect on the price of the Company’s securities. Discussions are ongoing and as such there can be no certainty the Acquisition will conclude.

Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement has been made, or this cautionary has been withdrawn.

A further announcement will be made in due course.

29 January 2018

Contact information
Corporate Office The Firs Office Building 1st Floor, Office 101 Cnr. Cradock and Biermann Avenues Rosebank, Johannesburg South Africa Office: + 27 (0) 11 243 2900 Facsimile: + 27 (0) 11 880 1240	Registered Office Suite 31 Second Floor 107 Cheapside London EC2V 6DN United Kingdom Office: + 44 (0) 207 796 8644 Facsimile: + 44 (0) 207 796 8645
Cobus Loots   Pan African Resources PLC Chief Executive Officer  Office: + 27 (0) 11 243 2900	Deon Louw Pan African Resources PLC Financial Director Office: + 27 (0) 11 243 2900
Phil Dexter St James's Corporate Services Limited Company Secretary Office: + 44 (0) 207 796 8644	John Prior / Paul Gillam Numis Securities Limited Nominated Adviser, Joint Broker Office: +44 (0) 20 7260 1000
Sholto Simpson One Capital JSE Sponsor Office: + 27 (0) 11 550 5009	Ross Allister / James Bavister Peel Hunt LLP Joint Broker Office: +44 (0) 207 418 8900
Jeffrey Couch/Neil Haycock/Thomas Rider BMO Capital Markets Limited Joint Broker Office: +44 (0) 207 236 1010	Bobby Morse/Chris Judd Buchanan Communications Public & Investor Relations UK Office: + 44 (0) 207 466 5000
Julian Gwillim Aprio Strategic Communications Public & Investor Relations SA Office: +27 (0)11 880 0037    Questco Proprietary Limited JSE Transaction Sponsor Office: +27 (0) 11 011 9200 www.panafricanresources.com	Gareth Driver/Huneiza Goolam Webber Wentzel Legal Advisers Office: +27 (0) 11 530 5000