Bateman Engineering NV

BSG Resources Limited (BSGR) is pleased to announce that it has acquired an additional holding of 4,479,846 shares in Bateman Engineering NV ("Bateman") through BSGR's wholly owned subsidiary Global Minerals BV. This acquisition increases BSGR's holding in Bateman to 62.26%. BSGR regards Bateman as a company with exceptional value extremely well positioned in its industry. BSGR is fully supportive of Bateman's ongoing operations, Board of Directors, management and its future endeavours.