May 24 (Reuters) - Afrimat Ltd AFTJ.J :
* RENEWAL OF CAUTIONARY ANNOUNCEMENT
* MADE A NON-BINDING INDICATIVE OFFER TO PURCHASE ENTIRE ISSUED SHARE CAPITAL OF UNIVERSAL COAL PLC
* DUE DILIGENCE ONGOING FOR CO'S INDICATIVE OFFER FOR UNIVERSAL COAL
May 24 (Reuters) - Afrimat Ltd AFTJ.J :
* RENEWAL OF CAUTIONARY ANNOUNCEMENT
* MADE A NON-BINDING INDICATIVE OFFER TO PURCHASE ENTIRE ISSUED SHARE CAPITAL OF UNIVERSAL COAL PLC
* DUE DILIGENCE ONGOING FOR CO'S INDICATIVE OFFER FOR UNIVERSAL COAL