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Article: AQUARIUS PLATINUM LIMITED - Exercise of Options.
- Article from:
- PR Newswire UK Disclose
- Article date:
- September 8, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AQUARIUS PLATINUM LIMITED
ASX, LSE & JSE
8 September 2009
Exercise of options Ridge Options
Aquarius Platinum Limited ("AQP" or "the Company") advises that Imbani Platinum
(Pty) Ltd (Imbani) has lodged a notice to exercise 25,000,000 Ridge Mining
Limited (Ridge) options. As disclosed in the recent prospectus of Aquarius,
these options were in existence prior to the scheme of arrangement between
Ridge and its shareholders relating to the all share acquisition by Aquarius of
Ridge.
The aggregate exercise price of these options is GBP17.5 million (GBP0.70 per
Ridge option).
Pursuant to the transfer to ...