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Renewal of cautionary announcement regarding the offer by Wits Gold for the acquisition of Southgold Exploration Proprietary Limited

January 6, 2014

WITWATERSRAND CONSOLIDATED GOLD RESOURCES LIMITED

(Incorporated in the Republic of South Africa)

Registration Number 2002/031365/06

JSE Code: WGR

ISIN: ZAE000079703

TSX Code: WGR

CUSIP Number: S98297104

(“Wits Gold” or the “Company”)

JOHANNESBURG, Jan. 6, 2014 /CNW/ – Further to the cautionary
announcements by the Company released on SENS and filed on SEDAR dated
Friday, 21 June 2013, Friday, 5 July 2013, Monday, 19 August 2013,
Tuesday, 1 October 2013 and Tuesday, 12 November 2013, shareholders are
advised that the definitive transaction agreements relating to the
offer by Wits Gold to acquire Southgold Exploration Proprietary Limited
(the “Offer”) are still being negotiated which may have a material
effect on the price at which the Company’s securities trade.
Shareholders are therefore advised to continue to exercise caution when
dealing in Wits Gold’s securities until a further announcement is made.

Upon the detailed transaction agreements having been finalised, a full
terms announcement including the pro forma financial effects of the
Offer on the reported financial information of Wits Gold, as well as
the salient dates and times relating to the implementation of the
Offer, including the effective date, will be announced to shareholders.

Johannesburg

6 January 2014

Corporate Adviser

Qinisele Resources Proprietary Limited

Lead JSE Sponsor

Macquarie First South Capital Proprietary Limited

JSE Sponsor

PricewaterhouseCoopers Corporate Finance Proprietary Limited

South African Legal Adviser

Brink Falcon Hume Inc

Canadian Legal Adviser

Stikeman Elliott

SOURCE Wits Gold


Source: PR Newswire



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