VANCOUVER,
Feb. 15, 2012 /PRNewswire/ - Anooraq
Resources Corporation ("Anooraq" or the "Company") (TSXV: ARQ; NYSE
Amex: ANO; JSE: ARQ) announces with deep regret that an employee
was fatally injured at the Bokoni Platinum Mine's ("Bokoni")
Vertical shaft, on Tuesday, 14 February
2012, in a fall of ground accident in the 6-E17 raise
line.
The South African Department of Mineral
Resources has issued a Section 54 safety stoppage notice in respect
of the Bokoni operations and further updates will be provided to
the market in due course. The name of the deceased will be withheld
until the next of kin have been informed.
The board of directors and management of the
Company and Bokoni Platinum Mines extend their condolences to both
the family and colleagues of the deceased employee.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release. The NYSE Amex has neither
approved nor disapproved the contents of this press release.
Cautionary and forward-looking
information
This document contains "forward-looking
statements" that were based on Anooraq's expectations, estimates
and projections as of the dates as of which those statements were
made, including statements relating to the Bokoni Group transaction
and anticipated financial or operational performance. Generally,
these forward-looking statements can be identified by the use of
forward-looking terminology such as "may", "will", "outlook",
"anticipate", "project", "target", "believe", "estimate", "expect",
"intend", "should" and similar expressions.
Anooraq believes that such forward-looking
statements are based on material factors and reasonable
assumptions, including the following assumptions: that the Bokini
Group transaction will receive the necessary regulatory approvals
and complete in a timely manner.
Forward-looking statements are subject to known
and unknown risks, uncertainties and other factors that may cause
the Company's actual results, level of activity, performance or
achievements to be materially different from those expressed or
implied by such forward-looking statements. These include but are
not limited to uncertainties related to the completion of the
Bokoni Group restructure and refinancing in a timely manner, if at
all; and risk that the necessary regulatory and other approvals for
the Bokini Group transaction will not be received in a timing
manner.
For further information on Anooraq, investors
should review the Company's annual Form 40-F filing with the United
States Securities and Exchange Commission www.sec.gov and annual
information form for the year ended December
31, 2010 and other disclosure documents that are available
on SEDAR at www.sedar.com.
SOURCE Anooraq Resources Corporation
