sioc & vanmag settlement are the same, page-3

29 feb.

Anything on this page complete?

CORPORATE HIGHLIGHTS

? Sishen Iron Ore Company Community Development Trust executed Subscription and Shareholder Agreements to become the Company’s new Broad Based Black Economic Empowerment partner in South Africa
? The Company’s shares commenced trading on the London Stock Exchange
? The Company completed a one for ten share consolidation of its issued capital
? Approvals for the sale of the Company’s interest in VanMag received with settlement of the transaction outstanding at the end of the period
? US$20m placement completed by the Company to part fund the acquisition of the minority interests in Mashala Resources
? Committed financing offer of up to US$65m of bank debt funding from ABSA Capital secured and key conditions precedent satisfied for US$35m project tranche to complete the Penumbra Coal Mine development