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TheStreet Open House

Atlatsa Resources Corporation - Appointment Of Interim Chief Financial Officer

Stocks in this article: ATL

JOHANNESBURG, Aug. 2, 2013 /PRNewswire/ - Shareholders are advised that Ms Kogi Naicker has been appointed as the interim Chief Financial Officer (CFO) of Atlatsa Resources (Atlatsa or the Company) with effect from 1 August 2013. This follows Mr De Wet Schutte's departure whose fixed term contract with the Company came to an end on 1 August 2013 after four years of service.

Mr Schutte's contract had previously been extended in order to assist in the implementation of the Company's restructure plan announced 27 March 2013. Given that the restructure plan is near completion, the Board and Mr Schutte have agreed not to further extend his contract, but he will remain as a special advisor to Atlatsa pending finalisation of the restructure plan.

Joel Kesler, Chief Commercial Officer, comments: "De Wet formed an important part of our commercial team over the past four years. He was integral to the design, development and implementation of our restructure plan which has set the platform for our Company to achieve its exciting new growth strategy through to 2020. We thank De Wet for his invaluable service to Atlatsa and wish him the best of success in his future endeavours."

The Company will effect a permanent appointment to the CFO position in due course and will make a further announcement as soon as this appointment has been finalised.

Ms Naicker is a chartered accountant (SA) and has held the position of senior financial controller at Atlatsa since 2009. She has extensive experience in the areas of group financial management and reporting, having held previous positions both in South Africa and the United States of America at Ernst & Young (SA & USA), Proctor & Gamble (SA) and Transnet Rail (SA) prior to joining the Company. The Board welcomes Ms Naicker's appointment.

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.

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