BRIEF-Merafe Resources Announces Proposed Restructuring Of Group

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BRIEF-Merafe Resources Announces Proposed Restructuring Of Group
Credit: © Reuters.

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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