WGR - Witwatersrand Consolidated Gold Resources Limited - Further Cautionary announcement

28.12.2011  |  CNW

Witwatersrand Consolidated Gold Resources Limited

(Incorporated in the Republic of South Africa)

Registration Number 2002/031365/06

JSE Code: WGR

ISIN: ZAE000079703

TSX Code: WGR

CUSIP Number: S98297104

('Wits Gold' or 'the Company')

JOHANNESBURG, Dec. 28, 2011 /CNW/ - Further to the cautionary announcement dated 16 November 2011, Shareholders are advised that negotiations are still in progress, which if successfully concluded may have a material effect on the price of the company's securities.

Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.

Sponsor

PricewaterhouseCoopers Corporate Finance (Proprietary) Limited

(Registration number 1970/003711/07)

Wits Gold

CONTACT:

Mr. Philip Kotze Mr. Hethen Hira



Chief Executive Officer Investor Relations Manager



philip@witsgold.comhethenh@witsgold.com



Tel: +27 11 832 1749



www.witsgold.com