Exhibit 4.133
 A2021
 Subscription and Shareholders’ Agreement
 ISL/HD 061208
 Execution Version
   Memorandum of Agreement
 
 Made and entered into between:-
 MINTAILS SA (PROPRIETARY) LIMITED
     (a company duly incorporated in accordance with the company laws of the Republic of South Africa with limited liability, herein represented by Diederik Albert Willem van der Walt, in his capacity  as  a  director  thereof,  he  being  duly  authorised  hereto  under  and  by  virtue  of  a resolution of the board of directors of the company passed at Johannesburg on the            day of December 2008, and a certified copy whereof is annexed hereto marked "A");
 of the first part;


WITFONTEIN MINING (PROPRIETARY) LIMITED
     (a company duly incorporated in accordance with the company laws of the Republic of South Africa with limited liability, herein represented by Diederik Albert Willem van der Walt, in his capacity  as  a  director  thereof,  he  being  duly  authorised  hereto  under  and  by  virtue  of  a resolution of the board of directors of the company passed at Johannesburg on the             day of December 2008, and a certified copy whereof is annexed hereto marked "B");
 of the second part;
   ARGONAUT FINANCIAL SERVICES (PROPRIETARY) LIMITED
     (a company duly incorporated in accordance with the company laws of the Republic of South Africa with limited liability, herein represented by Andrew Norman Weir, in his capacity as a director  thereof,  he  being  duly  authorised  hereto  under  and  by  virtue  of  a  resolution  of  the board of directors of the company passed at Johannesburg on the            day of December 2008, and a certified copy whereof is annexed hereto marked "C");
 of the third part.
 Definitions


AGREEMENT
  PARTIES
    PARTIES
   ARGONAUT
       “ARGONAUT SHARES
  NEW
 SHARES
  COMPANY
 ARGONAUT
  AGREEMENT
   ATTORNEYS
   Feinsteins
  AUDITORS
 COMPANY
  COMPANY


BEE
    MINERAL ACTS
  BEYERS
     BOARD
  COMPANY
   CLOSING DATE
    EFFECTIVE DATE
   “COMBINED PROPERTIES
  EXTANT PROPERTY
 SALE PROPERTY
  COMPANY


SIGNATURE
 DATE
      MINTAILS SA
  CLOSING  DATE
         ARGONAUT


MINTAILS SA
   DISPOSE
 SHAREHOLDING
 UNIT
 COMPANY
    DISPOSED DISPOSITION
 DISPOSAL
   DME
  
   EFFECTIVE DATE
       SALE PROPERTY


SALE
 PROPERTY ESTATE
 BEYERS
 COMPANY
  CLOSING  DATE
   ESTATE BEYERS
 BEYERS
   EXPERT
  MPRDA
 DME
 RIGHTS
 PARTIES
      PARTIES
  EXTANT PROPERTY





COMPANY
   marked “D1” and “D2”
    GUARANTEE
  ATTORNEYS
 COMPANY
 ESTATE  BEYERS
     SALE  AGREEMENT
 EFFECTIVE
 DATE
  marked “E”
  LOAN ACCOUNT/S
   ARGONAUT
   COMPANY ARGONAUT
  CLOSING  DATE


MINTAILS  SA
  COMPANY MINTAILS
 SA
   EFFECTIVE  DATE
   COMPANY MINTAILS
 SA
  CLOSING
 DATE
   MINERAL ACTS
      MPRDA


MINTAILS SA
   COMPANY
    “MINTAILS SA CLAIM
  MINTAILS  SA
 COMPANY
 EFFECTIVE DATE
      MINTAILS SA COMPANY
    MPRDA
     NEW SHARES
    COMPANY
  AGREEMENT


PARTIES
  AGREEMENT
   “PLEDGE AND CESSION
    MINTAILS  SA
   COMPANY
     LOAN
 ACCOUNT vide
   MINTAILS SA
 PUT OPTION
 Annexe  “F”


PUT OPTION
  MINTAILS SA
 ARGONAUT
 MINTAILS  SA
 ARGONAUT  SHARES
  inter  alia
 ARGONAUT  SHARES
  PLEDGE AND CESSION
   “PUT OPTION COMPLETION DATE
     PUT  OPTION
    PUT OPTION DATE
  ARGONAUT PUT
 OPTION
 PUT  OPTION
 PERIOD
   “PUT OPTION PERIOD
   CLOSING
 DATE


EXPERT
   RIGHTS
  DME
  COMBINED
 PROPERTIES
    SALE AGREEMENT
     BEYERS
 COMPANY
     SALE  PROPERTY
    marked “G1”


ESTATE BEYERS
  COMPANY
    marked “G2”
  SALE PROPERTY
      BEYERS
     SHAREHOLDER/S
 COMPANY
 ARGONAUT
 MINTAILS SA


“SHAREHOLDING UNIT/S
   SHAREHOLDER
 SHAREHOLDER
 COMPANY LOAN
 ACCOUNT
  SIGNATURE DATE
  AGREEMENT PARTIES
   VALUATION
  SHAREHOLDING UNIT
 COMPANY
  SHAREHOLDERS
      COMPANY
    SALE  PROPERTY
 per  se


LOAN  ACCOUNT
         vice versa


AGREEMENT
      including
 eiusdem
 generis
     AGREEMENT
  AGREEMENT contra proferentem
    winding-up curatorship
  AGREEMENT
 PARTY
  Recordal


SIGNATURE  DATE MINTAILS  SA
 COMPANY
   COMPANY SALE  AGREEMENT
 SALE PROPERTY
   COMPANY
 ESTATE  BEYERS SALE  AGREEMENT
 EFFECTIVE DATE
  ARGONAUT
  COMPANY
 COMPANY
 SALE  AGREEMENT EFFECTIVE
 DATE
   MINTAILS SA
 COMPANY
 MINTAILS SA CLAIM
   MINTAILS  SA ARGONAUT SHAREHOLDERS
 COMPANY
  SHAREHOLDERS COMPANY


Conditions Precedent
 
  AGREEMENT
      ARGONAUT ATTORNEYS
   ATTORNEYS GUARANTEE
 ESTATE  BEYERS
 SALE  PROPERTY
 COMPANY PARTIES
         ATTORNEYS


ATTORNEYS
      ARGONAUT
 EFFECTIVE  DATE
 ESTATE  BEYERS
 GUARANTEE
  ARGONAUT
   ATTORNEYS
 GUARANTEE
 
  MINTAILS  SA COMPANY
  ATTORNEYS
 COMPANY NEW
 SHARES
 ATTORNEYS EFFECTIVE
 DATE
 CLOSING  DATE


SIGNATURE  DATE
 PARTIES
         NEW SHARES
  ARGONAUT
 quid  pro  quo
         MINTAILS SA
 quid  pro quo
 MINTAILS  SA  CLAIM


PLEDGE  AND  CESSION
  SIGNATURE  DATE
 PARTIES
   PARTIES
     AGREEMENT ipso  facto ab  initio
 PARTIES AGREEMENT
 status
 quo ante SIGNATURE DATE
  PARTIES
     Warranties by MINTAILS SA and the COMPANY


MINTAILS  SA COMPANY
 ARGONAUT
  COMPANY EXTANT PROPERTY
  ATTORNEYS
  SALE  AGREEMENT SIGNATURE  DATE
  COMPANY
  SIGNATURE  DATE
   ARGONAUT ATTORNEYS
  GUARANTEE SALE
 PROPERTY
 COMPANY
  CLOSING  DATE
 COMPANY NEW
 SHARES
    COMPANY MINTAILS  SA
 EFFECTIVE  DATE


Annexe “H”
  MINTAILS SA CLAIM
 MINTAILS  SA COMPANY NEW
 SHARES
    SALE  PROPERTY COMPANY
    COMPANY ESTATE  BEYERS
 SALE  AGREEMENT MINTAILS  SA MINTAILS  SA
 CLAIM
 LOAN ACCOUNT MINTAILS SA
 COMPANY COMPANY
 AGREEMENT
 MINTAILS  SA
 toto COMPANY CLOSING DATE
 MINTAILS SA ARGONAUT
 COMPANY
  COMPANY a clean company
 SIGNATURE  DATE AUDITORS


CLOSING DATE
 
 CLOSING  DATE PARTIES
 AUDITORS
 ATTORNEYS
 PARTIES
   SALE  PROPERTY COMPANY
    COMPANY
 PARTIES
 SHAREHOLDERS
 pro rata COMPANY
  ARGONAUT
 BOARD
   PARTIES
 AGREEMENT
  PARTIES PLEDGE AND CESSION


PUT OPTION
 
   MINTAILS  SA
 ARGONAUT PUT
 OPTION
   PUT  OPTION PUT  OPTION
 PERIOD
 PARTIES
 EXPERT
  ARGONAUT
 PUT OPTION PERIOD
 PUT  OPTION ARGONAUT
 SHARES
 PUT OPTION
     PUT
 OPTION COMPLETION DATE
   PUT  OPTION PUT  OPTION
 PERIOD


PUT OPTION PERIOD
 
 RIGHTS
 CLOSING
 DATE
   ARGONAUT MINTAILS SA
  RIGHTS
     PUT OPTION PERIOD
     EXPERT EXPERT
    EXPERT PARTIES
 PUT OPTION PERIOD
  PUT  OPTION
 CLOSING DATE


PUT  OPTION  PERIOD
   EXPERT COMPANY
  PUT OPTION Consideration
 
 MINTAILS  SA ARGONAUT  SHARES
  PUT OPTION COMPLETION DATE
   PUT OPTION COMPLETION DATE
 PUT OPTION COMPLETION DATE PARTIES
 ATTORNEYS
   MINTAILS SA ARGONAUT
  ARGONAUT
  MINTAILS  SA ARGONAUT  SHARES
   PLEDGE  AND  CESSION MINTAILS  SA


LOAN  ACCOUNT ARGONAUT
    ARGONAUT BOARD ARGONAUT
 LOAN  ACCOUNT
   Share Capital of the COMPANY
 
 CLOSING  DATE
 COMPANY
      ARGONAUT
  MINTAILS SA
  Main Objectives of the COMPANY
  COMPANY
    COMPANY


Articles of Association of the COMPANY and its subsidiaries
 
  SHAREHOLDERS
 COMPANY
 AGREEMENT
 AGREEMENT
 BOARD
 CLOSING DATE
 COMPANY
   mutatis  mutandis
 COMPANY
  AUDITORS/Secretary/Bankers
  AUDITORS COMPANY
   COMPANY
  COMPANY
  Financial Year End


BOARD
  SHAREHOLDERS
 COMPANY
  Directors
 
  Appointment of Directors of the COMPANY
 SHAREHOLDERS
  ARGONAUT
  SHAREHOLDER
 BOARD
   COMPANY
 ARGONAUT
   ARGONAUT
   BOARD
   MINTAILS  SA
 SHAREHOLDER


BOARD
   COMPANY
 MINTAILS  SA
   MINTAILS SA
  BOARD
   SHAREHOLDERS BOARD
 COMPANY
 BOARD
  BOARD
 COMPANY BOARD
   Meetings of the BOARD
 
  BOARD
   ARGONAUT MINTAILS SA


BOARD
   COMPANY
   COMPANY
 BOARD
 BOARD
 SHAREHOLDERS
  SHAREHOLDERS
 BOARD
   BOARD BOARD
 BOARD
  BOARD
  SHAREHOLDER
 SHAREHOLDERS
   SHAREHOLDER


general
 SHAREHOLDERS
   BOARD
      ARGONAUT MINTAILS SA
   SHAREHOLDERS
    general BOARD
    CLOSING DATE BOARD


BOARD
  BOARD
    mutatis  mutandis
 COMPANY
   BOARD
  SHAREHOLDERS
  BOARD
   BOARD
  SHAREHOLDERS
   General Meetings of the COMPANY
 
  COMPANY
 SHAREHOLDERS
 ARGONAUT MINTAILS SA
 COMPANY


COMPANY
     ARGONAUT MINTAILS  SA
 general
 SHAREHOLDERS
  COMPANY
  SHAREHOLDERS
            COMPANY


COMPANY


SHAREHOLDERS
  SHAREHOLDERS
  COMPANY


COMPANY
    LOAN ACCOUNTS
 
    LOAN  ACCOUNT MINTAILS  SA
 EFFECTIVE  DATE Annexe  “G”
  quid  pro  quo
 NEW SHARES
  CLOSING  DATE
 COMPANY EXTANT  PROPERTY SALE
 PROPERTY SHAREHOLDERS
   MINTAILS SA
  ARGONAUT
 SHAREHOLDERS LOAN
 ACCOUNTS
  COMPANY SHAREHOLDERS


COMPANY
   COMPANY
  BOARD
 COMPANY
 SHAREHOLDER LOAN  ACCOUNT
   LOAN  ACCOUNT LOAN
 ACCOUNTS
 SHAREHOLDERS
   COMPANY
   SHAREHOLDER
 the  excess  amount
 SHAREHOLDING  UNIT
  SHAREHOLDERS
 BOARD per se
   LOAN ACCOUNT
 SHAREHOLDER/S
 BOARD
  COMPANY


COMPANY AUDITORS
   LOAN  ACCOUNTS SHAREHOLDERS
 COMPANY
 LOAN  ACCOUNTS
 COMPANY
 LOAN
 ACCOUNTS
   SHAREHOLDER
 LOAN ACCOUNTS
  COMPANY
  COMPANY
   Mutual Indemnities
 
    SHAREHOLDERS
 COMPANY
 SHAREHOLDER
 SHAREHOLDERS
 COMPANY


Dividend Policy
 
 COMPANY BOARD
    COMPANY
  LOAN ACCOUNTS
     COMPANY
 SHAREHOLDERS
  COMPANY
 COMPANY
     Administration


COMPANY BOARD
 BOARD
 BOARD BOARD
    Entrenched Provisions
 
 AGREEMENT
 COMPANY
 COMPANY
 BOARD
  COMPANY
 SHAREHOLDERS
 SHAREHOLDERS
  COMPANY
   COMPANY
 AGREEMENT
   COMPANY
   COMPANY


COMPANY
   COMPANY
   COMPANY
   COMPANY inter
 alia
  AUDITORS
   COMPANY
  DISPOSITION COMPANY
 COMPANY
 LOAN ACCOUNT


DISPOSITION SHAREHOLDER
   BEE
 
  SHAREHOLDERS
 BEE MPRDA
 AGREEMENT
  DME
 SHAREHOLDERS BEE COMPANY
 PARTIES
 COMPANY
    COMPANY
 BEE BEE
 BOARD AGREEMENT
   BEE COMPANY
  COMPANY


PARTIES
  SHAREHOLDER
   Pre-Emption
 
  SHAREHOLDER SHAREHOLDING UNIT
 SHAREHOLDER
 SHAREHOLDER
 SHAREHOLDING UNIT
 LOAN ACCOUNT
    SHAREHOLDER
 SHAREHOLDING UNIT
    SHAREHOLDING UNIT
   VALUATION


SHAREHOLDERS
 SHAREHOLDING UNIT
 pro  rata
 COMPANY SHAREHOLDER
 SHAREHOLDERS
 pro  rata
 SHAREHOLDING UNIT
    SHAREHOLDERS
 SHAREHOLDING  UNIT
   SHAREHOLDERS SHAREHOLDERS
  SHAREHOLDING  UNIT
 SHAREHOLDERS
 SHAREHOLDING UNIT
   SHAREHOLDER/S
   SHAREHOLDING UNIT


SHAREHOLDING
 UNIT
 SHAREHOLDER/S
 SHAREHOLDER/S
     COMPANY
  SHAREHOLDER/S
  SHAREHOLDING  UNIT
 SHAREHOLDER/S
       SHAREHOLDERS
  SHAREHOLDING  UNIT
  SHAREHOLDING UNIT
   SHAREHOLDERS
 SHAREHOLDING  UNIT
  SHAREHOLDERS


SHAREHOLDING  UNIT
  SHAREHOLDERS
 SHAREHOLDING UNIT
 SHAREHOLDERS
 SHAREHOLDING  UNIT
 bona  fide
  SHAREHOLDERS
  SHAREHOLDERS
      SHAREHOLDERS


SHAREHOLDER
 SHAREHOLDING UNIT
  SHAREHOLDING UNIT de novo
    SHAREHOLDER
 SHAREHOLDING  UNIT mutatis  mutandis
   SHAREHOLDER
     Control
   the entity
  entity
 de  facto
 controlling
  controlling entity
 controlling
 SHAREHOLDER Party  A
 CLOSING  DATE DISPOSE controlling


entity
 SHAREHOLDER Party  B
 DISPOSITION
 DISPOSITION ipso facto Party A
 SHAREHOLDING UNIT Party B
    AGREEMENT entity controlling
 BEE
 Party A Party B
 BEE
 COMPANY
    ARGONAUT
 MINTAILS  SA
 controlling
 CLOSING  DATE
 control SHAREHOLDER
 ARGONAUT MINTAILS  SA Party  C
 SHAREHOLDER Party  D
 SHAREHOLDING  UNIT Party  C
 control VALUATION
  mutatis  mutandis


DISPOSITION
 SHAREHOLDER SHAREHOLDING  UNIT
    LOAN ACCOUNT
 COMPANY
 SHAREHOLDING UNIT
 SHAREHOLDING UNIT
 COMPANY
   Breach Provisions
 
  PARTIES
 AGREEMENT
  AGREEMENT PARTY/IES
 PARTY/IES
    PARTY/IES
 AGREEMENT
  PARTY/IES


PARTY/IES
 AGREEMENT
 AGREEMENT
    Signing Powers
 
   COMPANY
   COMPANY
   Listing on an approved stock exchange
  SHAREHOLDERS COMPANY
  Exchange PARTIES


COMPANY
      SHAREHOLDERS
 Exchange inter  alia
 SHAREHOLDERS
   AGREEMENT
    SHAREHOLDERS modus  operandi
    PARTIES
  Good Faith and Implementation
 
  PARTIES


AGREEMENT
  PARTIES AGREEMENT
  AGREEMENT
   AGREEMENT
   AGREEMENT
    AGREEMENT


Admission of new members
 
 COMPANY
 CLOSING DATE
 AGREEMENT
 COMPANY
  SHAREHOLDERS
 PARTIES
 BEE
 COMPANY
 DME
  Duration
 AGREEMENT ARGONAUT MINTAILS
 SA
 SHAREHOLDER
  Dispute Resolution
  AGREEMENT
 AGREEMENT
 AGREEMENT
   AGREEMENT
  AGREEMENT


PARTIES
 AGREEMENT
  AGREEMENT
  AGREEMENT
    AGREEMENT
       MINTAILS SA


PARTY
 PARTY
 PARTY/IES
    PARTIES
  PARTY
   PARTIES PARTIES
   PARTIES
   PARTIES


PARTIES
    PARTIES
 PARTY
  PARTIES
    PARTIES
  PARTY
    Signature of Documents
 
 AGREEMENT PARTIES


BOARD
 COMPANY
   AGREEMENT
  Regulatory Matters
 
 PARTIES
  AGREEMENT
    Announcements/Confidentiality
  AGREEMENT
 PARTIES
    PARTIES
 AGREEMENT
  bona  fide PARTIES
   No Partnership


AGREEMENT
 PARTIES
 PARTY PARTY
  Clause Headings
 
 AGREEMENT
 AGREEMENT
   AGREEMENT
 Domicilia
  PARTIES domicilia  citandi  et  executandi
 AGREEMENT
  ARGONAUT
   MINTAILS SA
 st
   ATTORNEYS
 th
    PARTY domicilium


PARTY domicilium
     PARTIES
  PARTY
  Non-Variation
 
  AGREEMENT
 PARTIES
  AGREEMENT
 PARTIES
  PARTY AGREEMENT
 PARTY


PARTY
   PARTY
 PARTY
   PARTIES
  AGREEMENT
 PARTY
   Costs
 
 SHAREHOLDERS
   Severability of Contract
 AGREEMENT
 AGREEMENT
   Governing Laws


AGREEMENT PARTIES
 AGREEMENT
    Whole Agreement
 
 AGREEMENT
 COMPANY PARTIES
 AGREEMENT
  AGREEMENT
 PARTIES
  Counterparts
 AGREEMENT
  AGREEMENT


MINTAILS SA
 th
                  2.
         Thus done and signed by the COMPANY at Johannesburg on this the 9
 th
      For:    Witfontein  Mining  (Proprietary) Limited
            2.
         Thus  done  and  signed  by  ARGONAUT  at  Johannesburg  on  this  the  9
 th
                     2.


Annexe “A”
  Extracts from the Minutes of a Meeting of the Board of Directors of MinTails SA (Proprietary) Limited, held at Johannesburg on the            day of December 2008 __________________________________________________________________________
  Resolved that
   The  company  enters  into  an  agreement  with Witfontein  Mining  (Proprietary)  Limited  and Argonaut  Financial  Services  (Proprietary) Limited,  upon  the  terms  and  conditions contained  in  a  draft  of  such  agreement  which was tabled at this meeting.
   Diederik  Albert  Willem  van  der  Walt,  in  his capacity as a director of the company, be and he is  hereby  authorised  to  sign  the  said  agreement for and on behalf of the company.


Annexe “B”
  Extracts from the Minutes of a Meeting of the Board  of Directors of Witfontein Mining (Proprietary) Limited, held at Johannesburg on the            day of December 2008 __________________________________________________________________________
  Resolved that
   The  company  enters  into  an  agreement  with MinTails
 Argonaut  Financial  Services  (Proprietary) Limited,  upon  the  terms  and  conditions contained  in  a  draft  of  such  agreement  which was tabled at this meeting.
   Diederik  Albert  Willem  van  der  Walt,  in  his capacity as a director of the company, be and he is  hereby  authorised  to  sign  the  said  agreement for and on behalf of the company.


Annexe “C”
  Extracts  from  the  Minutes  of  a  Meeting  of  the  Board  of  Directors  of  Argonaut  Financial  Services (Proprietary) Limited, held at Johannesburg on the            day of December 2008 __________________________________________________________________________
  Resolved that
   The  company  enters  into  an  agreement  with MinTails
 Witfontein  Mining  (Proprietary)  Limited,  upon the terms and conditions contained in a draft of such  agreement  which  was  tabled  at  this meeting.
   Andrew  Norman  Weir,  in  his  capacity  as  a director  of  the  company,  be  and  he  is  hereby authorised to sign the said agreement for and on behalf of the company.


Annexe “D1”
 
 Copy of Title Deed No T167382/07
   vide


Annexe “D2”
 
 Copy of Title Deed T167383/07
   vide


Annexe “F”
 
 Specimen PLEDGE AND CESSION
   vide


Annexe “G1”
 
 Copy of SALE AGREEMENT
   vide


Annexe “G2”
 
 Copy of Addendum to SALE AGREEMENT
   vide


Annexe “H”
 
 Schedule reflecting LOAN ACCOUNT of MINTAILS SA as at the EFFECTIVE DATE
   vide