South African Department of Mineral Resources grants key approvals for implementation of Restructure Plan with Anglo American Platinum

Aug 20, 2013, 09:00 ET from Atlatsa Resources Corporation

JOHANNESBURG, Aug. 20, 2013 /PRNewswire/ - Atlatsa Resources Corporation ("Atlatsa") is pleased to advise that the South African government mineral regulator (the Department of Mineral Resources) has consented to the transfer of mineral properties at the Ga-Phasha project area, forming the subject matter of the restructure plan with Anglo American Platinum announced on 27 March, 2013 ("Restructure Plan").

The relevant approvals were granted in terms of Section 102 of the South African Mineral and Petroleum Resources Development Act no. 28 of 2002, fulfilling a key condition precedent for implementation of the Restructure Plan, anticipated to be completed by 30 September, 2013.

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SOURCE Atlatsa Resources Corporation