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Ivanhoe Nickel & Platinum Dispute Settled & Extended Joint Venture Agreed Between Parties
Publié le 24 février 2010
February 23 2010
Anooraq Resources Corporation (�Anooraq� or the �Company�) (TSXV: ARQ; NYSE Amex: ANO; JSE: ARQ) confirms it has entered into a settlement and new project agreement (the �Agreement�) with Ivanhoe Nickel & Platinum Ltd. (�Ivanplats�) to replace and supersede the 2001 agreement relating to the Rietfontein property located on the northern limb of the Bushveld Igneous Complex in South Africa. The 2001 agreement granted Ivanplats the right to earn a 50% interest in the Rietfontein property through expenditure related to exploration activities undertaken in accordance with approved technical programs.
The Agreement settles the arbitration process relating to disagreements with respect to the exploration activities undertaken at the Rietfontein property�
To view this news release in its entirety please click on the link below or copy and paste it into your web browser
http://www.anooraqresources.com/im/press_display.asp?Id=2010/23feb2010
Queries:
Joel Kesler
Executive: Corporate and Business Development
Office: +27 11 779 6800
Mobile: +27 82 454 5556
Macquarie First South Advisors
Melanie de Nysschen / Thembeka Mgoduso
Office: +27115832000
Mobile: +27 82 465 8969 / +27 83 295 1204
Russell and Associates
Charmane Russell / Nicola Taylor
Office: +27 11 880 3924
Mobile: +27 82 372 5816 / +27 82 927 8957
Best Regards,
Investor Services
Hunter Dickinson
Toll Free: 1-800-667-2114 | Main: 1-604-684-6365
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