Cancellation of trading on AIM


 
TIDMKAH 
 
Kalahari Minerals plc 
 
                         ("Kalahari" or the "Company") 
 
                        Cancellation of trading on AIM 
 
Following the recommended cash offer for the Company by Taurus Mineral Limited 
("Taurus") (a company formed at the direction of CGNPC Uranium Resources Co., 
Ltd. ("CGNPC-URC") and the China-Africa Development Fund ("CADFund")) (the 
"Offer") being declared unconditional in all respects and, as at the 28 
February 2012 being the date the Offer closed, Taurus having received valid 
acceptances in respect of approximately 98 per cent. of the existing issued 
share capital of Kalahari, the Company confirms that pursuant to AIM Rule 41 it 
has applied to the London Stock Exchange for the cancellation of admission to 
trading of its ordinary shares of 1 pence each in the capital of the Company 
("Ordinary Shares") on AIM ("Cancellation"). 
 
Kalahari confirms that shareholder consent in general meeting of the Company, 
which would otherwise be required pursuant to AIM Rule 41, will not be required 
as the application for Cancellation has been made by Kalahari after the Offer 
has been declared wholly-unconditional and after Taurus has become the 
beneficial owner of, or has received valid acceptances in respect of, more than 
75 per cent. of the issued share capital of Kalahari. 
 
Cancellation of the AIM quote, which is conditional upon Taurus owning 100 per 
cent. of the Ordinary Shares upon successful completion of the compulsory 
acquisition which is expected to conclude on 3 April 2012 as announced by 
Taurus on 20 February 2012, is expected to be effective from 7.00am on 4 April 
2012 or as soon as practicable thereafter. 
 
                                 * * ENDS * * 
 
For further information please visit www.kalahari-minerals.com or contact: 
 
Mark Hohnen         Kalahari Minerals plc        Tel: +44 (0)20 7292 9110 
 
Simon Raggett       Strand Hanson Limited        Tel: +44 (0)20 7409 3494 
 
Rory Murphy         Strand Hanson Limited        Tel: +44 (0)20 7409 3494 
 
Samantha Harrison   Ambrian Partners Ltd         Tel: +44 (0)20 7634 4700 
 
Hugo de Salis       St Brides Media & Finance    Tel: +44 (0)20 7236 1177 
                    Ltd 
 
Susie Geliher       St Brides Media & Finance    Tel: +44 (0)20 7236 1177 
                    Ltd 
 
 
 
END

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