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December 10, 2007

Pelewan may sell 41,75m Anooraq shares to finance BEE warrants

Platinum junior Anooraq's controlling shareholder, the Pelawan Trust, may sell up to 41,75-million Anooraq shares to finance black economic-empowerment warrants.

Anooraq said on Monday that "various parties" had expressed interest in acquiring from Pelewan strategic shareholding in the company.

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Posted by StaffWriter at December 10, 2007 7:21 AM