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Atlatsa Announces Audited Results for the Quarter and Year Ended December 31, 2016
Atlatsa Resources Corporation (“Atlatsa” or the “Company”) (TSX: ATL; JSE: ATL) announces its operating and financial results for the quarter and year ended December 31, 2016. This release should be read together with the Company’s audited consolidated financial statements for the year ended December 31, 2016 (the “Consolidated Financial Statements”), the related Management’s Discussion and …
Atlatsa Resources Corporation (“Atlatsa” or the “Company”) (TSX: ATL; JSE: ATL) announces its operating and financial results for the quarter and year ended December 31, 2016. This release should be read together with the Company’s audited consolidated financial statements for the year ended December 31, 2016 (the “Consolidated Financial Statements”), the related Management’s Discussion and Analysis of Financial Condition and Results of Operations (the “MD&A”) and the Annual Information Form filed on www.sedar.com, which are also available at www.atlatsa.com. Currency values are presented in South African Rand (ZAR), Canadian Dollars ($) and United States Dollars (US$).
As quoted in the press release:
Key features for the 2016 financial year:
Operational and financial restructure plan completed at Bokoni Platinum Mines (Proprietary) Limited (“Bokoni”)
Amendment to the term loan facility agreement entered into with Anglo American Platinum Limited (“Anglo Platinum”)
Renewed focus on development at remaining Bokoni ramp-up shaft projects
Bokoni JV parties assessing establishment of a UG2 Chrome Tailings Recovery Plant
Atlatsa’s non-core project assets earmarked for disposal to Anglo Platinum
Discussions with stakeholders remain on-going surrounding Anglo Platinum’s exit from Bokoni JV
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