Renewal of Cautionary Announcement Regarding the Offer by Wits Gold for the Acquisition of Southgold Exploration Proprietary Limited
WITWATERSRAND CONSOLIDATED GOLD RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
JSE Code: WGR
TSX Code: WGR
CUSIP Number: S98297104
("Wits Gold" or the "Company")
JOHANNESBURG, Aug. 19, 2013 /CNW/ - Further to the cautionary announcements released by the Company on SENS and on SEDAR dated Friday, 21 June 2013 and Friday, 5 July 2013, shareholders are advised that the definitive transaction agreements relating to the offer by Wits Gold to acquire Southgold Exploration Proprietary Limited (the "Offer") are still being negotiated which may have a material effect on the price at which the Company's securities trade. Shareholders are therefore advised to continue to exercise caution when dealing in Wits Gold's securities until a further announcement is made.
A full terms announcement including the pro forma financial effects of the Offer on the reported financial information of Wits Gold, as well as the salient dates and times relating to the implementation of the Offer, including the effective date, will be announced to shareholders in due course.
19 August 2013
Qinisele Resources Proprietary Limited
Lead JSE Sponsor
Macquarie First South Capital Proprietary Limited
PricewaterhouseCoopers Corporate Finance Proprietary Limited
South African Legal Advisor
Brink Falcon Hume Inc
Canadian Legal Advisor
SOURCE Wits Gold
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