Eastplats buys 42,3% in Barplats' BEE partner

June 18, 2007

TSX- Aim- and JSE-listed platinum producer Eastern Platinum (Eastplats) has completed the acquisition of 42,3% of the shares of Gubevu Consortium (Gubevu), which holds 26% of the shares of Barplats Investments, for R43-million, it said late on Friday....

In addition, Eastplats settled certain fees and expenses of Gubevu, totaling R21,6-million.

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