Atlatsa, Anglo Platinum Implement Agreement

Atlatsa Resources Corporation (TSXV:ATL,NYSE:ATL,JSE:ATL) it has completed and implemented an agreement with Anglo American Platinum Limited (LSE:AAL).

As quoted in the press release:

This series of transactions comprises the first phase of the Company’s restructuring, recapitalization and refinancing plan (the “Restructure Plan”), its wholly owned subsidiary, Plateau Resources Pty Ltd, as well as the Bokoni group of companies.

The second phase of the Restructure Plan remains subject to finalization of definitive agreements with respect to such transactions, as well as obtaining the necessary shareholder and regulatory approvals, including from the Department of Mineral Resources, South Africa, applicable stock exchanges and other regulatory bodies.

Click here to read the Atlatsa Resources Corporation (TSXV:ATL) press release.