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Trading Statement
Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share code: RNG
ISIN: ZAE000008819
("R&E" or "the Company")
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements, a listed company is required to publish a
trading statement as soon as it becomes reasonably certain that the financial results for the
next period to be reported on will differ by 20% or more from the financial results for the
previous corresponding period.
Accordingly, shareholders are hereby advised that a reasonable degree of certainty exists that
the Company expects to report:
- a loss and headline loss per share of between 10.77 cents and 12.43 cents, being an
improvement of between 35.16% (5.84 cents) and 25.16% (4.18 cents) for the six months
ended 30 June 2024, compared to the loss and headline loss per share of 16.61 cents
reported for the six months ended 30 June 2023.
The reason for the improvement in the current reporting period is mainly due to less legal
expenditure incurred.
The information contained in this trading statement has not been reviewed or reported on by
the Company's external auditors. R&E expects to release its financial results for the six months
ended 30 June 2024 on or about 30 August 2024.
Johannesburg
21 August 2024
Sponsor
PSG Capital
Date: 21-08-2024 08:45:00
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