PLN - Platmin Limited - Platmin Announces Extension to Maturity Date of
PLN
PLN
PLN - Platmin Limited - Platmin Announces Extension to Maturity Date of
Convertible Debentures
Platmin Limited
Incorporated in the accordance with the laws of Canada
Registration number: 610178-0
Share code on TSX: PPN
Share code on AIM: PPN
Share code on JSE: PLN
ISIN: CA72765Y1097
NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE
SERVICES
Platmin Announces Extension to Maturity Date of Convertible Debentures
December 22, 2010: Toronto: Platmin Limited ("Platmin" or "the Company";
TSX/AIM: PPN; JSE: PLN) today announces that the holders of its US$135 million
of convertible debentures that were issued 13 May 2010 have notified the Company
that they wish to extend the maturity date of the convertible debentures to 28
February 2011, as is permitted by the debenture terms. Platmin has accepted this
extension and accordingly the convertible debentures will now mature on 28
February 2011.
About Platmin
Platmin`s primary asset is the Pilanesberg Platinum Mine (PPM), which is
building up to full production. The focus of the company is on achieving the
metal production forecasts predicted in the Bankable Feasibility Study (BFS) for
the mine and participating in the considerable investment value creation
potential of the consolidation of the western limb of the Bushveld Complex.
Platmin also hold interests in projects on the eastern limb.
For further information:
Charmane Russell
Russell & Associates
+27 11 880 3924
+27 82372 5816
Sponsor: Investec Bank Limited
Date: 22/12/2010 16:00:02 Produced by the JSE SENS Department.
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