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Last updated on April 20, 2014 at 21:20 EDT

Atlatsa Resources Corporation receives letter from NYSE regarding timely notice of record date for shareholders meeting

June 18, 2013

VANCOUVER, June 18, 2013 /PRNewswire/ – Atlatsa Resources Corporation (TSXV: ATL; NYSE MKT: ATL; JSE: ATL) (“Atlatsa” or the “Company”) announces that it has received a letter
from the NYSE MKT LLC (the “Exchange“) regarding the Company’s late notification to the Exchange of the
record date for the Company’s annual and special shareholders meetings
scheduled for June 28, 2013 (the “Meetings“).  The Company has set a record date of May 28, 2013 for the Meeting,
meaning shareholders as of May 28, 2013 are entitled to attend and vote
their respective shares at the Meetings.

Pursuant to Section 703 of the Exchange Company Guide, a company must
immediately notify the Exchange when it establishes a record date and
such notice must be given “at least ten days in advance of the record
date”.  The Company originally published notice of a May 21, 2013
record date for the Meetings and subsequently moved the record date for
the Meetings to May 28, 2013 in an effort to provide a sufficient
notice period to the NYSE. Notwithstanding that the Company postponed
the record date to May 28, 2013, which was the last possible date in
order to meet the required timeframe to mail the materials for the
Meetings, it was not in sufficient time to provide a further 10 days
notice to the NYSE. As a result, Atlatsa received a letter from NYSE
Regulation on June 14, 2013, advising the Company that it had not
complied with Section 703 of the Company Guide.

Concurrently with the issuance of this news release, the Company is
filing a Form 6-K with the Securities and Exchange Commission related
to this matter.  The Company confirms that May 28, 2013 will be the
record date for the Company’s Meetings, which will be held on June 28,
2013.

About Atlatsa

Atlatsa is a black economic empowerment (BEE) platinum group metals
(PGM) mining, exploration and development company, with assets located
on the Bushveld Igneous Complex of South Africa. The Bushveld Complex
hosts numerous PGM mines and prospects, mainly within the Merensky and
UG2 reefs and the Platreef mineralized horizons. Atlatsa completed the
acquisition of a controlling interest in Bokoni Platinum Mines
(formerly Lebowa Platinum Mines) from Anglo American Platinum Limited
in July 2009, and now operates this four-shaft mine complex, currently
producing some 150 000 4E ounces on an annualised basis. The Bokoni
acquisition also gives Atlatsa controlling interests in the Ga-Phasha
Project, located adjacent to Bokoni, and the Boikgantsho and Kwanda
Projects.

The six PGMs, namely platinum, palladium, rhodium, osmium, ruthenium and
iridium, occur together in nature alongside nickel, copper and gold.
These metals have uses across various technological and industrial
fields, with the automotive and jewellery sectors being key. South
Africa’s Bushveld Igneous Complex is host to the largest known PGM
resource in the world.

Atlatsa has a primary listing on the TSX Venture Exchange (TSXV: ATL),
and secondary listings on the NYSE: AMEX (ATL) and the JSE Limited
(JSE: ATL).

For further information on Atlatsa, investors should review the
Company’s Annual Report disclosed in the Form 20-F for the year ended
December 31, 2012 filed on SEDAR at www.sedar.com and with the United States Securities and Exchange Commission www.sec.gov and other disclosure documents that are available on SEDAR at www.sedar.com.

SOURCE Atlatsa Resources Corporation


Source: PR Newswire