Aquarius Platinum Limited

April 26, 2007

Aquarius Platinum Limited (ASX, LSE & JSE: AQP) is pleased to announce the completion of the acquisition of a 3.5% equity interest in Aquarius Platinum (South Africa) (Pty) Limited ("AQPSA") from the Savannah Consortium for a cash consideration of ZAR342.5 million ("Transaction") following the receipt of a Section 11 (1) Consent from the South African Department of Minerals and Energy...

Commenting on the Transaction completion, Stuart Murray, CEO of Aquarius Platinum said, "I am delighted that this Transaction has completed. This is a commercially sound transaction for both parties. It is encouraging that the Department of Minerals and Energy has approved the Transaction and thus demonstrated the value that a soundly structured BEE deal can create for all concerned." ... read more

If a link does not open, right click on it and select "open in a new window" What do you think about this article? You can air your views in the space provided below.