WITWATERSRAND CONSOLIDATED GOLD RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
JSE Code: WGR
ISIN: ZAE000079703
TSX Code: WGR
CUSIP Number: S98297104
("Wits Gold" or the "Company")
JOHANNESBURG, Nov. 12, 2013 /CNW/ - Further to the cautionary
announcements by the Company released on SENS and filed on SEDAR dated
Friday, 21 June 2013, Friday, 5 July 2013, Monday, 19 August 2013 and
Tuesday, 1 October 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.
Upon the detailed transaction agreements having been finalised, 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.
Johannesburg
12 November 2013
Corporate Adviser
Qinisele Resources Proprietary Limited
Lead JSE Sponsor
Macquarie First South Capital Proprietary Limited
JSE Sponsor
PricewaterhouseCoopers Corporate Finance Proprietary Limited
South African Legal Adviser
Brink Falcon Hume Inc
Canadian Legal Adviser
Stikeman Elliott
SOURCE Wits Gold
Philip Kotze
Chief Executive Officer
Tel: +27 11 832 1749
Hethen Hira
Vice President: Corporate Affairs
Tel: +27 11 832 1749
www.witsgold.com
Copyright CNW Group 2013