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FOR IMMEDIATE RELEASE 22 December 2011
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Central Rand Gold Limited (Incorporated as a company with limited liability under the laws of Guernsey, Company Number 45108) (Incorporated as an external company with limited liability under the laws of South Africa, Registration number 2007/0192231/10) ISIN: GG00B24HM601 LSE share code: CRND JSE share code: CRD ("Central Rand Gold" or the "Company")
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mining right re-instatement
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Further to the announcement of 12 December 2011, the Company confirms that today, 22 December 2011, a consent order ("the Order") setting aside the Minister of Mineral Resources of the Republic of South Africa administrative decision ("the Decision"), made on 22 September 2011, to cancel the mining right held by Ferreira Estate and Investment Company Limited ("FEIC") under departmental reference number GP30/5/1/1/2/140MR, was obtained in High Court of South Africa.
The granting of the Order concludes FEIC's legal challenge to the Decision.
For further information, please contact:
Central Rand Gold +27 (0) 11 674 2304
Johan du Toit / Patrick Malaza
Evolution Securities Limited +44 (0) 20 7071 4300
Chris Sim / Neil Elliot
Merchantec Capital +27 (0) 11 325 6363
Roger Pitt / Monique Martinez
Buchanan +44 (0) 20 7466 5000
Bobby Morse / James Strong
Jenni Newman Public Relations (Proprietary) Limited +27 (0) 11 506 7351
Jenni Newman
22 December 2011
Johannesburg
JSE Sponsor
Merchantec Capital
This information is provided by RNS
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