Full Disclosure

Atlatsa Resources Corporation (Atlatsa) is a platinum group metals company engaged in the mining, exploration and development of PGM deposits located in the Bushveld Igneous Complex, South Africa.

Atlatsa has a primary listing on the Toronto Stock Exchange and a secondary listing on the JSE. In July 2015, Atlatsa voluntarily withdrew its shares from its listing on the New York Stock Exchange.¹

Atlatsa holds a 51% interest in Bokoni Holdco. Bokoni Holdco holds a 100% interest in several PGM projects, including Bokoni Mine (which was placed on care and maintenance on October 1, 2017) and the Kwanda Project. Atlatsa also holds a direct interest in the Central Block properties and an indirect interest in the Kwanda and Rietfontein properties.²

On 21 July 2017, Atlatsa announced that it had entered into an agreement with Anglo American Platinum (Amplats) outlining key terms agreed in relation to a two-phased strategy for the Atlatsa Group. In terms of this agreement, Atlatsa will implement a care and maintenance strategy for Bokoni Mine (Phase 1 of the restructure), and a financial restructure plan for Atlatsa whereby Amplats will acquire Atlatsa’s Kwanda North and Central Block prospecting rights, and Amplats will write off various debts owing by Atlatsa to Amplats (Phase 2 of the restructure).  Atlatsa and Amplats will retain their 51% and 49% respective shareholdings in the Bokoni Mine.³

Operations