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METOREX
Company Announcement: Update On The Proposed Disposal By Metorex Of Its Entire Shareholding In Vergenoeg Mining Company (Proprietary) Limited (“Vergenoeg”) And Further Cautionary Announcement
 
2nd November 2009
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Attached please find a press release on: Shareholders of Metorex are referred to the announcement released by the Company on 23 September 2009 ("Transaction Announcement") regarding the proposed disposal by Metorex of its entire shareholding in Vergenoeg comprising 137 500 ordinary shares constituting 55% of the issued ordinary share capital of Vergenoeg ("the Sale Shares") to Minerales Y Productos Derivados SA ("Minersa") for a cash consideration of US$60 million ("the Transaction").

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