REG-Pan African Resources Plc: Withdrawal of Cautionary Announcement <Origin Href="QuoteRef">PAFR.L</Origin>

Pan African ResourcesAnnouncement

07/02/2018 15:00

Pan African Resources PLC
(Incorporated and registered in England and Wales under Companies Act 1985
with registered number 3937466 on 25 February 2000)
AIM Code: PAF
JSE Code: PAN
ISIN: GB0004300496
(“Pan African” or “the Company”)

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the announcement, released on SENS on 29 January
2018, wherein Shareholders were advised that the Company had entered into
exclusive negotiations with the joint administrators of ASA Resource Group Plc
(“ASA”) in relation to acquiring certain of the assets and liabilities of
ASA (“the Acquisition”).

Shareholders are hereby notified that discussions between the Company and ASA
relating to the Acquisition have been terminated and, accordingly,
shareholders are no longer required to exercise caution when dealing in Pan
African shares.

Johannesburg

7 February 2018

 Contact information                                                                                                                                                                                                                                                                                                                                                          
 Corporate Office The Firs Office Building 1st Floor, Office 101 Cnr. Cradock and Biermann Avenues Rosebank, Johannesburg South Africa Office: + 27 (0) 11 243 2900 Facsimile: + 27 (0) 11 880 1240                      Registered Office Suite 31 Second Floor 107 Cheapside London EC2V 6DN United Kingdom Office: + 44 (0) 207 796 8644 Facsimile: + 44 (0) 207 796 8645  
 Cobus Loots Pan African Resources PLC Chief Executive Officer Office: + 27 (0) 11 243 2900                                                                                                                              Deon Louw Pan African Resources PLC Financial Director Office: + 27 (0) 11 243 2900                                                                  
 Phil Dexter St James's Corporate Services Limited Company Secretary Office: + 44 (0) 207 796 8644                                                                                                                       John Prior / Paul Gillam Numis Securities Limited Nominated Adviser, Joint Broker Office: +44 (0) 20 7260 1000                                       
 Sholto Simpson One Capital JSE Sponsor Office: + 27 (0) 11 550 5009                                                                                                                                                     Ross Allister / James Bavister Peel Hunt LLP Joint Broker Office: +44 (0) 207 418 8900                                                               
 Jeffrey Couch/Neil Haycock/Thomas Rider BMO Capital Markets Limited Joint Broker Office: +44 (0) 207 236 1010                                                                                                           Bobby Morse/Chris Judd Buchanan Communications Public & Investor Relations UK Office: + 44 (0) 207 466 5000                                          
 Julian Gwillim Aprio Strategic Communications Public & Investor Relations SA Office: +27 (0)11 880 0037  Questco Proprietary Limited JSE Transaction Sponsor Office: +27 (0) 11 011 9200   www.panafricanresources.com  Gareth Driver/Huneiza Goolam Webber Wentzel Legal Advisers Office: +27 (0) 11 530 5000                                                               



Copyright (c) 2018 PR Newswire Association,LLC. All Rights Reserved