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

Invitation To Submit Offers Shiva Uranium Pty Ltd

Lots Closing: 02 Aug 2019 from 07:00 AM ZA

By order of Joint business rescue practitioners

Invitation To Submit Offers Shiva Uranium Pty Ltd

Sealed-Bid auction for Mining Assets of Shiva Uranium (Pty) Ltd (in Business Rescue).

Items that will be auctioned include:

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%
Payment type: Wire Transfer

Additional notes:
This auction 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 from here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 - Regulations

The Bidders attention is drawn to the following:
The Rules of Auction can be found under the downloadable documents tab
The assets will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.

The Sale by auction is subject to
A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.

 Event Details
  • Bidding Opens:   02 Aug 2019 07:00 AM
    Bidding Closes:   02 Aug 2019 07:00 AM

    Asset Location:
    Hartbeesfontein, North West, South Africa

    Viewing Details:
    Strictly by appointment only, please contact John Taylor on: +27 (0) 82 416 3883

 Contact Details
  • Contact:   John Taylor

    Email:   john.taylor@liquidityservices.com
    Mobile:   +27 (0) 82 416 3883
    Tel:   +27 (0) 21 702 3206

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