An unknown buyer signed an agreement to acquire a stake in Mine Restoration Investments Ltd. from Stellar Capital Partners Ltd. (JSE:SCP) on October 28, 2016. The potential buyer has also entered into discussions with the Mine Restoration's other material creditors with the intention of settling certain outstanding obligations and effecting a recapitalization of the business. Settlement for the transaction is expected to occur by the end of October 2016.

QuestCo (Pty) Ltd. acted as financial advisor to Mine Restoration Investments.