AQP - Aquarius Platinum Limited - Issue of New Securities to Zijin Mining Group
AQP
AQP
AQP - Aquarius Platinum Limited - Issue of New Securities to Zijin Mining Group
Company Limited
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP ISIN Code: BMG0440M1284
Issue of New Securities to Zijin Mining Group Company Limited
Aquarius Platinum Limited ("Aquarius" or the "Company") is pleased to recognise
the support of Ridge Mining Limited ("Ridge") warrant holder Zijin Mining Group
Company, Limited ("Zijin"). Zijin has exercised 7,000,000 Ridge warrants. As
disclosed in the recent prospectus of Aquarius, these warrants were in existence
prior to the scheme of arrangement between Ridge and its shareholders relating
to the all share acquisition by Aquarius of Ridge.
The proceeds of the warrant exercise amounting to GBP4.9 million have been
received by the company.
Pursuant to the transfer to Aquarius by Zijin of these 7 million common shares
in Ridge, Aquarius will issue 2,545,454 new fully paid common shares in Aquarius
to Zijin`s wholly-owned subsidiary Gold Mountains (H.K.) International Mining
Co., Limited on the basis of 1 Aquarius share for every 2.75 Ridge shares.
The issued capital of Aquarius following allotment of the shares will be
451,702,412.
For further information please contact:
In Australia:
Willi Boehm
+61 (0) 8 9367 5211
In the United Kingdom:
Stuart Murray
+ 27 (0) 11 656 1140
In South Africa:
Charmane Russell
+27 (0) 11 880 3924
27 August 2009
Sponsor: Investec Bank Limited
Date: 27/08/2009 16:55:01 Produced by the JSE SENS Department.
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