3 months ago

New Era Newspaper Thursday March 29, 2018

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Friday, March 29 2018| NEW ERA ADVERTS 29 EXPRESSION OF INTEREST – ELIZABETH BAY MINE AND SELECTED MARINE LICENCES 1. OVERVIEW Namdeb Holdings Ltd, a 50/50 joint venture between the Government of the Republic of Namibia and the De Beers Group, announced on 09 February 2018 that it seeks a buyer for Elizabeth Bay Mine and associated mining licence areas. 2. EXPRESSION OF INTEREST Interested parties, who wish to submit expressions of interest for the acquisition of Elizabeth Bay Mine and associated marine licenses, are hereby invited to contact Standard Bank by email by no later than 17h00 on Friday, 6 April 2018 to obtain the formal Request for Expressions of Interest. Please note that interested parties, who wish to proceed to submit an expression of interest (“Potential Purchasers”), will be required to submit the information set out in the Request for Expressions of by not later than 17h00 on Friday, 13 April 2018. The deposit will be refunded if the Potential Purchaser ceases to participate in the sales process. 3. ENQUIRIES All enquiries in respect of the process or requests for further information should be directed to: or Interested parties are advised not to contact Namdeb management, shareholders, employees or any other Elizabeth Bay Mine stakeholder in respect of the sale process as all queries are handled by Standard Bank. RENEW YOUR SUBSCRIPTION Don’t compromise on convinience. As we enter 2018, we urge you, our valued subscribers to renew your subscriptions for the year 2018. Subscriptions for 2017 will expire on the 31 March 2018. Guaranteeing returns, as we reach your target markets. #TalkToUs Ernst Apollus Head of Distribution Tel: +264 61 208 0836 Email: Dittoh Pakote Assistant Accountant Tel: +264 61 208 0857 Email: Contact us: Tel: +264 61 208 0800 | Website:

30 ADVERT Friday, March 29 2018| NEW ERA

New Era

New Era Newspaper Vol 22 No 167