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Invitation To Submit Offers: Shiva Uranium (Pty) Ltd (In Business Rescue)

Sealed-Bid Offering,

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By order of the joint business rescue practitioners
Invitation to submit offer on Mining Assets of Shiva Uranium (Pty) Ltd (in Business Rescue).
  • Gold & Uranium Resource
  • Pressure Acid Leach Uranium Plant
  • CIL Gold Processing Plant
  • Including Crushing and Screening Circuit
  • Smelt House
  • Mine Infrastructure such as Shafts
  • Electrical & Water Reticulation
  • Roads Infrastructure
  • Dams and Dumps
  • Properties
  • Mining rights and Licenses including transfer of all regulatory requirements.

Please note: The Joint Business Rescue Practitioners reserve the right to cancel or amend the sales process at their discretion. Interested parties to submit vetting documents, pay a deposit and complete a NDA before being granted access to the data room to complete due diligence. Due Diligence to be finalised no later than 26 JULY 2019. Vetting document available on request. OFFERS TO BE SUBMITTED TO: GOINDUSTRY DOVEBID SA (PTY) LTD, PENTHOUSE 1, THE SQUARE, 3 MELROSE SQUARE, MELROSE ARCH, JOHANNESBURG, 2196 BY NO LATER THAN: 16:00 ON 02 AUGUST 2019

Notice to purchasers:
Buyers premium: 6%
VAT/Tax: 15%
Inspection details: Strictly by appointment only, please contact John Taylor on (+27) 082 416 3883
Payment type: Wire Transfer
Additional notes: This sale is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 – Regulations
The Bidders attention is drawn to the following:
  • Please view the applicable documents under the "Downloadable Documents" tab
  • The asset will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the asset prior to the auction.
  • The Sale of the asset is non-suspensive and not subject to any feasibility or any other condition required by the buyer.
  • A refundable registration fee may be payable by a Electronic Fund Transfer (EFT). Kindly provide proof of registration fee.

  • Currency: South Africa Rand
    Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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    Event Information
    Location: Hartbeesfontein, North West, South Africa
    Due Diligence Started: 2 Aug 2019 07:00 PST
    Bid Submission Deadline: 2 Aug 2019 07:00 PST
    Contact Details
    Contact: John Taylor
    Telephone: +27 824163883
    Shipping Information
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