JOHANNESBURG, July 8, 2016 /CNW/ - Atlatsa Resources
Corporation (the "Company") (TSX: ATL; JSE: ATL) announces that it
will voluntarily file a Form 15 with the United States Securities
and Exchange Commission (the "SEC") to terminate the registration
of its common shares under Section 12(g) of the Securities Exchange
Act of 1934, as amended (the "Exchange Act"), and its reporting
obligations under Section 13(a) of the Exchange Act.
Management of the Company is of the view that the costs
associated with continuing the registration and reporting under the
Exchange Act outweigh the benefits received by the Company from
maintaining its registration.
The termination will become effective 90 days after the date of
filing of the Form 15 with the SEC, or within such shorter period
as the SEC may determine. Upon filing of the Form 15, the Company's
reporting obligations under the Exchange Act will be immediately
suspended.
The Company's common shares will continue to trade on the
Toronto Stock Exchange and the Johannesburg Stock Exchange, and the
Company will continue to meet its Canadian and South African
continuous disclosure obligations through filings with the
applicable Canadian and South African securities regulators. All of
the Company's filings can be found at the SEDAR website at
www.sedar.com and also on www.atlatsa.com.
SOURCE Atlatsa Resources Corporation