Anooraq Resources Corporation - Further Cautionary Announcement
VANCOUVER, Dec. 15, 2011 /PRNewswire/ - Shareholders of Anooraq Resources Corporation ("Anooraq" or the "Company") (TSXV: ARQ) (NYSE Amex: ANO) (JSE: ARQ) are referred to the cautionary announcements dated 13 May 2011, 28 June 2011, 10 August 2011, 21 September 2011 and 02 November 2011 respectively, relating to the negotiations between Anooraq and Anglo American Platinum Limited (the "Parties") in respect of a potential restructuring, recapitalization and refinancing transaction between them ("the Bokoni Group transaction").
The Parties have made substantial progress in settling the terms of the Bokoni Group transaction and are currently seeking the requisite corporate and regulatory approvals required to proceed with the transaction process. Once the necessary approvals have been obtained a detailed announcement will be made regarding the Bokoni Group transaction.
As the Bokoni Group transaction process remains ongoing, shareholders are advised to continue to exercise caution when dealing in their Anooraq securities until a further announcement is made.
15 December 2011
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 Amex has neither approved nor disapproved the contents of this press release.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV