VANCOUVER,
June 18, 2013 /CNW/ - Atlatsa
Resources Corporation (TSXV: ATL; NYSE MKT: ATL; JSE: ATL)
("Atlatsa" or the "Company") announces that it has received a
letter from the NYSE MKT LLC (the "Exchange") regarding the
Company's late notification to the Exchange of the record date for
the Company's annual and special shareholders meetings scheduled
for June 28, 2013 (the
"Meetings"). The Company has set a record date of
May 28, 2013 for the Meeting, meaning
shareholders as of May 28, 2013 are
entitled to attend and vote their respective shares at the
Meetings.
Pursuant to Section 703 of the Exchange Company Guide, a company
must immediately notify the Exchange when it establishes a record
date and such notice must be given "at least ten days in advance of
the record date". The Company originally published notice of
a May 21, 2013 record date for the
Meetings and subsequently moved the record date for the Meetings to
May 28, 2013 in an effort to provide
a sufficient notice period to the NYSE. Notwithstanding that the
Company postponed the record date to May 28,
2013, which was the last possible date in order to meet the
required timeframe to mail the materials for the Meetings, it was
not in sufficient time to provide a further 10 days notice to the
NYSE. As a result, Atlatsa received a letter from NYSE Regulation
on June 14, 2013, advising the
Company that it had not complied with Section 703 of the Company
Guide.
Concurrently with the issuance of this news release, the Company
is filing a Form 6-K with the Securities and Exchange Commission
related to this matter. The Company confirms that
May 28, 2013 will be the record date
for the Company's Meetings, which will be held on June 28, 2013.
About Atlatsa
Atlatsa is a black economic empowerment (BEE) platinum group
metals (PGM) mining, exploration and development company, with
assets located on the Bushveld Igneous Complex of South Africa. The Bushveld Complex hosts
numerous PGM mines and prospects, mainly within the Merensky and
UG2 reefs and the Platreef mineralized horizons. Atlatsa completed
the acquisition of a controlling interest in Bokoni Platinum Mines
(formerly Lebowa Platinum Mines) from Anglo American Platinum
Limited in July 2009, and now
operates this four-shaft mine complex, currently producing some 150
000 4E ounces on an annualised basis. The Bokoni acquisition also
gives Atlatsa controlling interests in the Ga-Phasha Project,
located adjacent to Bokoni, and the Boikgantsho and Kwanda
Projects.
The six PGMs, namely platinum, palladium, rhodium, osmium,
ruthenium and iridium, occur together in nature alongside nickel,
copper and gold. These metals have uses across various
technological and industrial fields, with the automotive and
jewellery sectors being key. South
Africa's Bushveld Igneous Complex is host to the largest
known PGM resource in the world.
Atlatsa has a primary listing on the TSX Venture Exchange (TSXV:
ATL), and secondary listings on the NYSE: AMEX (ATL) and the JSE
Limited (JSE: ATL).
For further information on Atlatsa, investors should review the
Company's Annual Report disclosed in the Form 20-F for the year
ended December 31, 2012 filed on
SEDAR at www.sedar.com and with the United States Securities and
Exchange Commission www.sec.gov and other disclosure documents that
are available on SEDAR at www.sedar.com.
SOURCE Atlatsa Resources Corporation