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AQP Aquarius Plat.

13.50
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aquarius Plat. LSE:AQP London Ordinary Share BMG0440M1284 COM SHS USD0.05
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Aquarius Platinum Termination of Sale Agreement

15/10/2014 7:01am

UK Regulatory



 
TIDMAQP 
 
AQUARIUS PLATINUM LIMITED 
 
ASX, LSE & JSE 
 
15 October 2014 
 
                         TERMINATION OF SALE AGREEMENT 
 
On 30 January 2014 Aquarius announced that it had agreed to sell its indirect 
interests in Blue Ridge Platinum (Pty) Ltd and Sheba's Ridge Platinum (Pty) Ltd 
to a consortium led by the China National Arts & Crafts (Group) Corporation 
("Consortium").  The sale agreement was subject to a number of conditions, 
including Chinese Government approvals, South Africa Competition Commission 
approval and a number of Department of Mineral Resources (DMR) regulatory 
approvals.  The outside date for satisfaction of the conditions was initially 
set at 30 June 2014, but was subsequently extended on nine occasions, by 
agreement between the parties. 
 
As at 14 October 2014 certain South African regulatory approvals had 
regrettably not yet been granted. 
 
On 14 October 2014 Aquarius had been advised by the Consortium that it had 
decided not to again extend the outside date, as a result of which, the 
agreement terminated on 14 October 2014. 
 
For further information please contact: 
 
Jean Nel - CEO 
+270100012848 
 
Willi Boehm - Company Secretary 
+61893675211 
 
 
 
END 
 

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