APP.L Regulatory News (APP)

11 Jan 2005 11:37

Southern African Resources PLC11 January 2005 Southern African Resources plc Ordinary Shares of 0.1p each Application has been made for the admission to trading on AIM of 1,502,800 newSouthern African Resources plc Ordinary Shares with admission expected to takeplace on 12 January 2005. The shares are being issued as a result of theexercise of 1,002,800 listed 1p Warrants and 500,000 unlisted 4p warrants. Contacts: Roy Pitchford Southern African Resources Plc Tel: 0845 108 6060 Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477 Notes: SAR is an exploration and development company focusing on Platinum GroupElements ('PGE'). It holds the exploration rights to the Leeuwkop Project whichhosts an inferred resource of 56 million ounces of 3 PGE + Gold ("4E"), onSouth Africa's Bushveld Igneous Complex, the world's most prolific platinumdistrict. The Greater Leeuwkop area controlled by SAR encompasses a potentialinferred resource base of 125 million ounces 4E. SAR is also exploring andevaluating the Molopo Farms Igneous Complex in Botswana. This information is provided by RNS The company news service from the London Stock Exchange