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Pallinghurst Resources Ltd - Update Re Richtrau No.123 (Proprietary) Ltd
Johannesburg, South Africa - 17 December, 2008 - Pallinghurst Resources Ltd (PALLRES.BH) refers to the announcement released on SENS on 20 August 2008, in which the Company declared that, subject to the fulfilment of certain conditions precedent, it had acquired together with certain strategic equity partners, a 40% interest in Richtrau No. 123 (Proprietary) Limited ("Magazynskraal") and are advised that pursuant to the unconditional approval of the Department of Minerals and Energy, the acquisition of Magazynskraal has been declared unconditional in accordance with its terms.
17 December 2008
Guernsey
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