Renewal of Cautionary Announcement
Renewal of Cautionary Announcement GO LIFE INTERNATIONAL LIMITED (Incorporated in the Republic of Mauritius) (Registration number: 098177 C1/GBL) Primary Listing SEM share code: GOLI.N0000 Secondary Listing JSE share code: GLI ISIN: MU0330N00004 (“the Company” or “Go Life”) RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the previous cautionary announcements, the last of which was dated 4 May 2021 in which shareholders were advised that: 1. the properties of Bon Healthcare Properties were disposed of by the liquidators of the Calitz Trust following the sequestration of the Calitz Trust. These properties were initially acquired through an issuance of shares. 2. that this has necessitated the full impairment of the Company’s largest asset and has resulted in the significant deterioration of the Company’s financial position; and 3. that the Company is pursuing legal action in this matter. In addition, shareholders are referred to the announcement on SENS dated 3 July 2020 detailing the liquidation of its South African subsidiary Go Life Health Proprietary Limited (“GLH”) and are reminded that the carrying values relating thereto have also been impaired. The Company is finalising its annual financial statements for the year ended 2020. The public are hereby cautioned that the balance sheet has been completely eroded through these events and will require a recapitalisation. A further announcement will be made in due course. RENEWAL OF CAUTIONARY Go Life shareholders are advised to continue to exercise caution when dealing in their securities until a further announcement is made and the audited annual financial results have been published. Go Life has its primary listing on the Stock Exchange Mauritius and a secondary listing on the AltX of the JSE. This notice is issued pursuant to SEM Listing Rule 11.3 and the Mauritian Securities Act 2005. The Board of Directors of Go Life accepts full responsibility for the accuracy of the information contained in this announcement. For and on behalf of the board Mauritius 17 June 2021 JSE Sponsor: Company secretary and management company: AcaciaCap Advisors Proprietary Limited Apex Fund and Corporate Services (Mauritius) Ltd Date: 17-06-2021 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.