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Barberton Update

26 Jun 2007 07:02

Pan African Resources PLC26 June 2007 26 June 2007 Pan African Resources plc ("Pan African" or "the Company") Update on Barberton Transaction Pan African Resources plc (AIM: PAF), the African based exploration company,announces that it has obtained South African Reserve Bank ("SARB") approval forthe proposed Barberton acquisition. Highlights: •SARB approval a major step forward in completing the Barberton Acquisition •Documentation for shareholder approval to be issued during the first half of July The Company is pleased to announce that South African Reserve Bank approval hasbeen obtained for the proposed acquisition of Barberton Mines Limited, announcedon 20 December 2006. All material conditions to the successful completion of theBarberton transaction have now been fulfilled except for Johannesburg StockExchange ("JSE") and Shareholder approvals. The Company is expected to submitdocumentation for final JSE approval in the next week. Once approval is receivedfrom the JSE the Company will post documentation which will fully describe thetransaction to shareholders, with a notice convening an extraordinary generalmeeting. The Company expects to post this documentation during the first half ofJuly and it is expected that trading in the Company's shares on AIM willre-commence with the issue of the documentation. Jan Nelson, CEO of Pan African, said: "We are delighted with the announcementfrom SARB. We are now looking forward to our re-admission onto AIM andsubsequent secondary listing onto AltX. This is the springboard of almost ayear's work and will significantly enhance shareholder value in the Company aswell as strategically position Pan African for further growth opportunities." ENDS Enquiries Pan African Resources Ambrian Partners Jan Nelson / CEO Richard Brown / NOMAD +27 (0) 82 4945628 +44 (0) 207 776 6400 Colin Bird / Chairman + 44 (0) 207 584 2144 Parkgreen Communications - United Kingdom Justine Howarth/Clare Irvine +44 (0) 207 851 7480 FD Beachhead - South Africa Jennifer Cohen/Louise Brugman +27 (0) 82 468 6469 / + 27 (0) 83 504 1186 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
27th Oct 20218:30 amPRNNotice of AGM & No Change Statement
1st Oct 20211:30 pmPRNDirector/PDMR Shareholding
22nd Sep 20211:00 pmPRNDirector/PDMR Shareholding
21st Sep 20217:00 amPRNDirectorate Change
20th Sep 20212:30 pmPRNCOO Seriously Injured
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15th Sep 202112:00 pmPRNDirector/PDMR Shareholding
15th Sep 20217:00 amRNSProvisional summarised audited year end results
14th Sep 20211:00 pmRNSDirectorate Change
8th Sep 20217:00 amPRNTrading Statement
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13th Jul 20217:00 amPRNOperational Results for Year ended 30 June 2021
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30th Jun 20217:00 amPRNRestructure of Long-term Incentive Schemes
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10th Jun 20212:30 pmPRNDirector/PDMR Shareholding
8th Jun 20217:00 amPRNDirector/PDMR Shareholding
3rd Jun 20217:00 amPRNRenewal of Barberton Mines' Mining Rights
21st May 20212:51 pmPRNDealings by Director of a Major Subsidiary
21st May 20217:00 amPRNOperational Update
1st Apr 202111:00 amPRNDirector/PDMR Shareholding
1st Apr 202111:00 amPRNDirector/PDMR Shareholding
31st Mar 20211:00 pmPRNHolding(s) in Company
16th Feb 20217:00 amPRNInterim Results for six months to 31 Dec 2020
8th Feb 20217:00 amPRNTrading Statement
22nd Jan 20217:00 amPRNOperational Update for the 6 months ended 31 Dec 2020
15th Dec 20208:00 amPRNEvander Mines solar photovoltaic plant update
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26th Nov 20203:00 pmPRNResult of AGM
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16th Nov 202012:00 pmPRNDirector/PDMR Shareholding
12th Nov 202012:00 pmPRNDirector/PDMR Shareholding
12th Nov 202012:00 pmPRNDirector/PDMR Shareholding
12th Nov 202012:00 pmPRNDirector/PDMR Shareholding
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28th Oct 20207:00 amPRNNotice of AGM & No Change Statement
23rd Oct 20207:00 amPRNADR's to trade on OTCQX Market in the US
13th Oct 20203:00 pmPRNHolding(s) in Company
18th Sep 20203:00 pmPRNDirector/PDMR Shareholding
17th Sep 20203:00 pmPRNRestructure of Long-term Incentive Schemes
16th Sep 20207:00 amPRNProvisional Summarised Audited Results
1st Sep 20208:00 amPRNHolding(s) in Company
1st Sep 20207:15 amPRNTrading Statement
1st Sep 20207:00 amPRNChange of Nomad and Broker
14th Aug 20203:15 pmPRNHolding(s) in Company
14th Aug 20202:30 pmPRNHolding(s) in Company
30th Jul 20209:05 amPRNEGOLI PROJECT FEASIBILITY STUDY PRESENTATION
10th Jul 20208:00 amPRNOperational Update for the year ended 30 June 2020

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