Operations resume at Bokoni
February 18 2012 - 8:35AM
PR Newswire (Canada)
VANCOUVER, Feb. 20, 2012 /CNW/ - Further to the announcement made
on 15 February 2012, Anooraq Resources Corporation ("Anooraq" or
the "Company") confirms that the Section 54 safety stoppage at
Bokoni Platinum Mines was uplifted on Friday, 17 February 2012 and
operations have resumed. 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 Amex has neither
approved nor disapproved the contents of this press release.
Cautionary and forward-looking information This document contains
"forward-looking statements" that were based on Anooraq's
expectations, estimates and projections as of the dates as of which
those statements were made, including statements relating to the
Bokoni Group transaction and anticipated financial or operational
performance. Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as "may",
"will", "outlook", "anticipate", "project", "target", "believe",
"estimate", "expect", "intend", "should" and similar expressions.
Anooraq believes that such forward-looking statements are based on
material factors and reasonable assumptions, including the
following assumptions: that the Bokini Group transaction will
receive the necessary regulatory approvals and complete in a timely
manner. Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the Company's
actual results, level of activity, performance or achievements to
be materially different from those expressed or implied by such
forward-looking statements. These include but are not limited to
uncertainties related to the completion of the Bokoni Group
restructure and refinancing in a timely manner, if at all; and risk
that the necessary regulatory and other approvals for the Bokini
Group transaction will not be received in a timing manner. For
further information on Anooraq, investors should review the
Company's annual Form 40-F filing with the United States Securities
and Exchange Commission www.sec.gov and annual information form for
the year ended December 31, 2010 and other disclosure documents
that are available on SEDAR at www.sedar.com. Anooraq Resources
Corporation CONTACT: On behalf of AnooraqJoel KeslerExecutive:
Corporate DevelopmentOffice: +27 11 779 6800Mobile: +27 82 454
5556Russell and AssociatesNicola TaylorOffice: +27 11 880
3924Mobile: +27 82 927 8957Macquarie First South CapitalAnnerie
Britz / Yvette Labuschagne / Melanie de NysschenOffice: +27 11 583
2000
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