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Atlatsa updates on restructure plan: DMR executes new prospecting rights at Boikgantsho Mineral Properties

31 October 2013

Johannesburg, 31 October 2013: Atlatsa Resources Corporation (Atlatsa) (TSXV: ATL; NYSE MKT: ATL; JSE:ATL) is pleased to announce that the South African Department of Mineral Resources (DMR) has executed prospecting rights relating to the Boikgantsho Platinum project, situated on the Northern Limb of the Bushveld Igneous Complex, adjacent to Anglo American Platinum’s Mogalakwena Mine operations.

The mineral title executions, together with previous consents obtained from the DMR for Atlatsa to sell and transfer these mineral titles to Anglo American Platinum (see Company news release dated 7 October 2013), fulfills an important condition precedent for implementation of the restructure plan. The restructure plan between Anglo American Platinum and Atlatsa was announced on 27 March 2013 and is in the process of being finalized with the relevant regulatory authorities.

Review details of the restructure plan.

For further information:

On behalf of Atlatsa Resources

Joel Kesler
Chief Commercial Officer
Office: +27 11 779 6800
Mobile: +27 82 454 5556

Russell and Associates

Pam Wolstenholme
Office: +27 11 880 3924
Mobile: +27 82 872 6387

Macquarie First South Capital

Annerie Britz
Office: +27 11 583 2000

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The NYSE MKT has neither approved nor disapproved the contents of this press release.