Jan 17 (Reuters) - Merafe Resources Ltd MRFJ.J :
* JSE: MRF - PROPOSED RESTRUCTURING OF THE GROUP
* MERAFE RESOURCES - WILL DIRECTLY HOLD A 100% INTEREST IN MERAFE FERROCHROME AND MINING PROPRIETARY LIMITED
* MERAFE RESOURCES - MERAFE CHROME AND ALLOYS PROPRIETARY LTD WILL DISTRIBUTE ORDINARY SHARES IT HOLDS IN MFM TO CO
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