Aquarius Platinum Sale of Everest Mine - Update

 
TIDMAQP 
 
AQUARIUS PLATINUM LIMITED 
 
ASX, LSE & JSE 
 
23 April 2015 
 
                         Sale of Everest Mine - update 
 
Aquarius Platinum Limited (Aquarius) announced on 10 February 2015 that its 
subsidiary, Aquarius Platinum (South Africa ) (Pty) Ltd (AQPSA), had entered 
into an agreement to sell its entire interest in the  Everest Mine and 
ancillary mining and processing infrastructure and immovable properties to 
Northam Platinum Limited (Northam), for an aggregate cash consideration of R450 
million, to be completed in two parts, being R400 million for the concentrator 
and other mining assets of Everest Mine (Part A) plus R50 million for the 
Everest Mining Right (Part B). 
 
Aquarius is pleased to advise that the conditions precedent in respect of the 
Part A disposal process were fulfilled on 22 April 2015. Part A of the disposal 
process is now unconditional and the consideration of R400 million is due and 
payable by Northam on 26 June 2015. 
 
Part B of the disposal process is subject to the consent of the Minister of 
Mineral Resources in terms of section 11 of the Mineral and Petroleum Resources 
Development Act. The section 11 application has been submitted to the 
Department of Mineral Resources. 
 
Should the Ministerial Consent not be obtained the first part of the Disposal 
will not be unwound. 
 
For further information please contact: 
 
In South Africa: 
 
Jean Nel 
Aquarius Platinum (South Africa) (Pty) 
Ltd+27 (0) [phone] 
 
In Australia: 
 
Willi Boehm 
 
Aquarius Platinum Corporate Services 
Pty Ltd 
 
[phone] 
 
or visit: www.aquariusplatinum.com 
 
REGISTERED OFFICE 
 
Aquarius Platinum Limited ? Clarendon House ? 2 Church Street ? Hamilton HMCX 
Bermuda 
 
Email: [e-mail] 
 
Telephone: [phone] 
 
 
 
END