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Message: Lebowa changes its name to Bokoni and new JSE sponsor appointed

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Lebowa changes its name to Bokoni and new JSE sponsor appointed

posted on Oct 01, 09 01:25PM

Lebowa Changes its Name to Bokoni and New JSE Sponsor Appointed

	    VANCOUVER, Oct. 1 /CNW/ - Anooraq Resources Corporation ("Anooraq" or the
"Company") (TSXV: ARQ; AMEX: ANO; JSE: ARQ) refers shareholders to the
announcement dated 2 July 2009 and announces that the name of Lebowa Platinum
Mines has been changed to Bokoni Platinum Mines, in a move that reflects both
that this is truly an African company, and that the communities surrounding
the mine have a significant and meaningful interest in it. The name was
selected through a consultative process and means "People of the North".
	    Philip Kotze, Chief Executive Officer of Anooraq, said that the name
change symbolises a new era for the mine. "Our short time as operators of the
mine has reinforced our view that there is significant potential for Bokoni to
become one of the leading, long-term PGMs producers of the future. The name
change signifies not only a change in culture, but also the fundamental
entrepreneurial approach that we have adopted."
	    Bokoni mine is located at the northern part of the Eastern Limb of the
world-renowned Bushveld Igneous Complex, in South Africa's Limpopo Province.
Bokoni was acquired by Anooraq from Anglo Platinum in July 2009. The mine,
comprising a four-shaft complex, currently produces 150,000 4E on an
annualised basis. Anooraq is listed on the TSX Venture Exchange (TSXV) and has
secondary listings on NYSE:AMEX and JSE Limited.

	    CHANGE OF JSE SPONSOR

	    Anooraq is pleased to announce the appointment of Macquarie First South
Advisers (Pty) Limited ("Macquarie") as JSE sponsor to Anooraq with effect
from Thursday, 1 October 2009.
	    Macquarie's global and established presence in Toronto, New York and
Johannesburg means that it is able to provide a comprehensive global service
to Anooraq going forward.

	    For and on behalf of the Board
	    Philip Kotze President and Chief Executive Officer

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