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BRIEF-Atlatsa Q2 Loss Per Share $0.04

Published 2018-08-14, 06:53 a/m
BRIEF-Atlatsa Q2 Loss Per Share $0.04
ATL
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Aug 14 (Reuters) - Atlatsa Resources Corp ATL.TO :

* ATLATSA ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2018

* ATLATSA RESOURCES CORP - BASIC AND DILUTED LOSS PER SHARE WAS $0.04 FOR Q2 2018

* ATLATSA RESOURCES CORP - BASIC AND DILUTED HEADLINE LOSS PER SHARE WAS $0.04 FOR Q2 2018

* ATLATSA RESOURCES CORP - QTRLY REVENUE $1.5 MILLION VERSUS $45.8 MILLION

* ATLATSA RESOURCES - RPM AND ATLATSA ANTICIPATE THAT CLOSING OF 2017 RESTRUCTURE PLAN WILL BE COMPLETED DURING Q4 2018

* ATLATSA RESOURCES - RPM TO SUSPEND SERVICING, REPAYMENT OF ALL CURRENT, FUTURE DEBT INCURRED BY ATLATSA GROUP, OWING TO RPM UNTIL DEC 31, 2019

* ATLATSA RESOURCES - DUE TO PLACING BOKONI MINE ON CARE, MAINTENANCE CO RESTRUCTURED TO REDUCE CORPORATE HEAD OFFICE, ASSOCIATED OVERHEAD COSTS

* ATLATSA RESOURCES - DURING CARE AND MAINTENANCE PERIOD, CO, RPM WILL REVIEW VARIOUS ALTERNATIVES IN RESPECT OF BOKONI MINE'S FUTURE SUSTAINABILITY

* ATLATSA RESOURCES- SHOULD ASSET DISPOSAL BE IMPLEMENTED, RPM TO, INTER ALIA, IMPLEMENT DEBT WRITE OFF, REDUCE ATLATSA GROUP'S DEBT OWING TO RPM TO 0

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