Completion of the Acquisition of Ridge Mining
30 Juli 2009 - 3:49PM
UK Regulatory
TIDMAQP TIDMRDG
AQUARIUS PLATINUM LIMITED
ASX, LSE & JSE
ASX / LSE / JSE ANNOUNCEMENT
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
30 July 2009
Completion of the recommended acquisition by Aquarius Platinum Limited
("Aquarius") for Ridge Mining plc ("Ridge")
Aquarius is pleased to confirm that further to earlier announcements by
Aquarius and Ridge today, the scheme of arrangement relating to the recommended
all share acquisition by Aquarius of Ridge (the "Transaction") has become
effective in accordance with its terms and that the Transaction has now
completed.
Commenting on the Transaction, Stuart Murray, CEO of Aquarius, said: "I am
delighted that we have now concluded the transaction with Ridge. In the
Aquarius portfolio, the Blue Ridge Mine and Sheba's Ridge Project will benefit
from our experience and skills, and provide both production growth and
optionality for the enlarged group as a whole. I'd like to take this
opportunity to welcome all Ridge shareholders to Aquarius and thank them for
their overwhelming support during this transaction. I trust that in the new
Aquarius, they are equally excited about our future opportunities as I am."
Enquiries:
Aquarius
In the UK & South Africa
Nick Bias
Tel: +41 (0)79 888 1642
In Australia:
Willi Boehm
Tel: +61 (0)8 9367 5211
REGISTERED OFFICE
Aquarius Platinum Limited ? Clarendon House ? 2 Church Street ? Hamilton HMCX
Bermuda
Email: info@aquariusplatinum.com
Telephone: +61 8 9367 5211
Copies of this announcement are not being, and must not be, directly or
indirectly mailed or otherwise forwarded, distributed or sent in or into any
jurisdiction where to do so would violate the laws of that jurisdiction and
persons receiving this announcement (including custodians, nominees and
trustees) must not mail or otherwise forward, distribute or otherwise send it
in, or into or from any such jurisdiction.
The securities mentioned herein have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "Securities Act") or
under any securities laws of any state or other jurisdiction of the United
States and may not be offered, sold, resold, transferred or delivered, directly
or indirectly, in or into the United States except pursuant to an applicable
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and in compliance with any applicable
securities laws of any state or other jurisdiction of the United States. There
will be no public offer in the United States.
None of the securities referred to in this document have been approved or
disapproved by the US Securities and Exchange Commission, any state's
securities commission in the United States or any US regulatory authority, nor
have any of such authorities passed upon the accuracy or adequacy of this
document. Any representation to the contrary is a criminal offence in the
United States. The announcement has been prepared in accordance with English
law and the Takeover Code and information disclosed may not be the same as that
which would have been prepared in accordance with the laws of jurisdictions
outside England.
A copy of this announcement will be available on Aquarius' website (
www.aquariusplatinum.com) ..
END
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