Fatal Accident at Bokoni Mine

Aug 30, 2013, 09:00 ET from Atlatsa Resources Corporation

JOHANNESBURG, Aug. 30, 2013 /PRNewswire/ - Atlatsa Resources Corporation ("Atlatsa" or the "Company") announces with deep regret that a winch operator lost his life in a scraper winch-related accident at Bokoni Platinum Mine's (Bokoni) UM2 shaft section on Wednesday, 28 August 2013.

Immediately after the accident Bokoni mine management stopped operations at the affected section. The South African Department of Mineral Resources (DMR) then completed its inspection and issued a section 54 safety stoppage notice at UM2 shaft section.

Harold Motaung, CEO of Atlatsa, said, "We deeply regret losing a member of our family. An improving safety culture, with specific emphasis on changing individual behavioural patterns, is imperative to our overall transformation strategy at Bokoni. Management will continue to place emphasis on this focus area, which has been disappointing over the past month."

Further updates will be provided to the market in due course.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The NYSE MKT LLC has neither approved nor disapproved the contents of this press release.

SOURCE Atlatsa Resources Corporation