AQUARIUS PLATINUM LIMITED - Sale of Everest Mine - Update
03 March 2015 - 06:47PM
PR Newswire (US)
AQUARIUS PLATINUM LIMITED
ASX, LSE & JSE
3 March 2015
SALE OF Everest Mine - UPDATE
Aquarius Platinum Limited (AQP) announced on 10 February 2015 that its
subsidiary, Aquarius Platinum (South Africa) (Pty) Ltd (AQPSA), has entered
into an agreement to sell AQPSA's entire interest in the Everest mine and
related mining and processing infrastructure and immovable properties (Everest)
to Northam Platinum Limited (Northam) (together the "Disposal"), for an
aggregate consideration of R450 million, payable in cash.
AQP has been in discussions with the UK Listing Authority regarding the
classification of the Disposal under Chapter 10 of the UK Listing Rules.
Further to such discussions, AQP confirms that the transaction is a Class 2
transaction under Chapter 10 of the UK Listing Rules and will not require the
approval of AQP's shareholders.
For further information please contact:
In South Africa: In Australia:
Jean Nel Willi Boehm
Aquarius Platinum (South Africa) (Pty)
Ltd Aquarius Platinum Corporate Services Pty
Ltd
+27 (0) 10 001 2848
+61 (0) 8 9367 5211
or visit: www.aquariusplatinum.com
REGISTERED OFFICE
Aquarius Platinum Limited ● Clarendon House ● 2 Church Street ● Hamilton HMCX
Bermuda
Email: info@aquariusplatinum.com
Telephone: +61 8 9367 5211
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