ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE
PROPOSED LEGISLATIVE CHANGES IN TANZANIA
OreCorp Limited (OreCorp or the Company) refers to the Company’s announcement made to the Australian Securities Exchange on 30 June 2017 in relation to the proposed legislative changes in Tanzania.
OreCorp continues to review and seek advice on the proposed changes. Based on the Company’s preliminary review of the draft legislation, the Company believes that, if passed by the Tanzanian Parliament without any substantial amendments, the proposed changes may potentially have an adverse effect on the Nyanzaga Project.
The Company has placed copies of the draft legislation on the Company’s website.
The Company will continue to provide further updates in relation to the proposed changes and status of the draft legislation as and when appropriate.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE PROPOSED...
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