AQUARIUS - marikana pool & share agreement regulat
AQUARIUS - marikana pool & share agreement regulatory approvals
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration number: EC26290
Share code on JSE: AQP ISIN: BMG0440M1029
Share code on ASX: AQP.AX ISIN: BMG0440M1029
Share code on LSE: AQP.L ISIN: BMG0440M1029
Share code on US Over the counter market: AQPTY ISIN: US03840M2089
("Aquarius")
21 November 2005
Marikana Pool & Share Agreement Regulatory Approvals
Aquarius Platinum Limited ("Aquarius") is pleased to announce the finalisation
of regulatory approvals for the Marikana Pool & Share Agreement (P&SA2) which
was announced on 13th July 2005.
This second pool and share agreement with Anglo Platinum Limited will increase
annual production at Marikana to 250,000 PGM ounces (Aquarius attributable 50%),
and extend mine life by 10 years.
As a result of the regulatory approvals now in place, notably, the unconditional
approval of the South African Competition Commission Tribunal, the South African
Department of Minerals and Energy and the South African Revenue Services, the
P&SA2 will now go to relevant company Boards of Directors for final approval.
Implementation of the P&SA2 is anticipated within weeks.
For further information please contact:
In Australia:
Willi Boehm
Aquarius Platinum Corporate Services Pty Ltd
+61 8 9367 5211
In United Kingdom:
Nick Bias Alex Buck
BuckBias Ltd Buck Bias Ltd
+ 44 7887 920 530 +44 7932 740 452
In South Africa:
Stuart Murray Charmane Russell
Aquarius Platinum (South Africa) (Pty) Ltd Russell & Associates
+27 11 455 2050 +27 11 880 3924
or visit: www.aquariusplatinum.com
Date: 21/11/2005 10:26:16 AM Produced by the JSE SENS Department
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