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Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SELLS ILITHA MINE ASSETS Stock Exchange Release The Board of Directors of Afarak has approved the arrangement for the sale of Ilitha’s plant, assets and mining right. Ilitha is a South African company which holds the Stellite mine. The buyers are WMA Chrome Mining Property Limited and WMA Minmet Processing Proprietary Limited (the “Arrangement”). The total purchase price of 400 Million ZAR (around 23.8 million euro) will be paid in 3 portions. The first portion is expected within 30 days from dat...

Investegate announcements from Afarak Group Plc, AFARAK GROUP SELLS ILITHA MINE ASSETS

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional bod...

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional bod...

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional bod...