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WESIZWE MANAGEMENT PRESENTS TO FINANCIAL INSTITUTIONS
15 November 2011
Members of the management team of Wesizwe Platinum Limited have today embarked on a programme of investor presentations to various South African financial institutions.
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APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS
19 October 2011
In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, the Wesizwe Board of Directors is pleased to announce that Prof Wiseman Nkuhlu and Mr Robert (Bob) Garnett have been appointed as independent non-executive directors of the Company with effect from 17 October 2011.
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WESIZWE PLATINUM LIMITED - RESULTS FOR THE HALF YEAR ENDED 30 JUNE 2011
29 September 2011
Highlights
- Conclusion of the transaction with China-Africa Jinchuan Investment Limited and Micawber 809 (Pty) Ltd resulting in the subscription of 829 884 460 new ordinary shares for an amount of US$227 million
- Frischgewaagd-Ledig mine development project officially launched on 4 July 2011
- Appointment of new Chief Executive Officer and Finance Director following change in ownership
- Mine development to be accelerated under experienced and competent management team
- Platinum Group Metals (RSA) (Pty) Ltd exercised its option to secure an additional 19.25% in Maseve Investments 11 (Pty) Ltd (Maseve) from Wesizwe for R408.8 million
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REVIEWED CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION FOR THE SIX MONTHS ENDED 30 JUNE 2011
29 September 2011
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CHANGES TO THE BOARD OF WESIZWE PLATINUM
19 September 2011
Shareholders are advised that Mr Arthur Mashiatshidi has resigned as a Non-Executive Director of the Company with effect from 19 September 2011.
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RESULTS OF THE WESIZWE GENERAL MEETING
15 September 2011
Shareholders are hereby advised that the general meeting of Wesizwe shareholders was held today, 15 September 2011, at Glenhove Conference Centre
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TRADING STATEMENT
8 September 2011
In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, companies are required to inform shareholders as soon as there is a reasonable degree of certainty that the earnings of the company are likely to vary by more than 20% compared to the previous corresponding period.
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MANAGEMENT CHANGES AT WESIZWE PLATINUM
23 August 2011
Shareholders are referred to the announcement on 5 May 2011 pertaining to the pending appointment of Mr Wenliang (Michael) Ma as the Company’s Financial Director.
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POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING
15 August 2011
Shareholders are advised that a circular, incorporating a notice of a general meeting to be held on Thursday, 15 September 2011 at 10h00 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg, was posted today.
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NEW CHIEF EXECUTIVE OFFICER AT WESIZWE PLATINUM
02 August 2011
With reference to the announcement made on 5 May 2011, Wesizwe is pleased to confirm that Mr Jianke Gao has assumed the role of Chief Executive Officer, having secured the requisite work permit. Mr Arthur Mashiatshidi and Mr Qiyin Zhang have stepped down as Joint Acting Chief Executive Officers. Mr Zhang will retain an Executive Director role and Mr Mashiatshidi will remain on the Company’s Board as a Non-Executive Director.
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RESULTS OF THE ANNUAL GENERAL MEETING
07 June 2011
Wesizwe Platinum has announced that the official launch date for its Frischgewaagd- Ledig mine development project has been agreed as 4 July 2011.
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RESULTS OF THE ANNUAL GENERAL MEETING
05 May 2011
Shareholders are advised that at the annual general meeting held earlier today, all resolutions were passed with the requisite majority except for passing of ordinary resolution 2.4 relating to the re-election of Mr Solomon as director of the Company and the ordinary resolution 5 giving authority to place the unissued shares under the control of the directors.
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CONDITIONS PRECEDENT ANNOUNCEMENT
29 April 2011
Shareholders are advised that all conditions precedent detailed in
the circular to shareholders dated 11 February 2011 and approved by
shareholders at the general meeting on 9 March 2011 have been met.
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FIRST BLAST SIGNALS START OF SHAFT SINKING PHASE
26 April 2011
Management & Consulting with readings taken as the blasts were set off to measure the
strength of any shock wave transmission from the point of detonation to the nearby
houses and structures.
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SUMMARY OF YEAR END RESULTS
31 March 2011
The challenges of this financial year have pushed management to think out of the box in order for the Group to stay on its strategic
course. Despite the severe capital constraints, the Group was legally obliged to continue to advance the mine construction and
development in terms of the mining licence.
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RESULTS OF THE ANNUAL GENERAL MEETING AND GENERAL MEETING
9 March 2011
Shareholders are hereby advised that the annual general meeting of
Wesizwe shareholders was held earlier today, 9 March 2011, at
Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate,
Houghton, Johannesburg.
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WESIZWE PLATINUM SHAREHOLDERS OVERWHELMINGLY
APPROVE THE CHINESE CONSORTIUM INVESTMENT, AND
THE COMPANY’S AGM SUCCESSFULLY CONCLUDED
9 March 2011
Johannesburg, 9 March 2011: Wesizwe Platinum is pleased to
announce that at a General Meeting of shareholders held in
Johannesburg today, the requisite number of shareholders indicated
their approval to implement the transaction agreement between
Wesizwe Platinum and Jinchuan Group Limited (Jinchuan), China
Africa Development Fund (CADFund) and Micawber 809 (Pty)
Limited (“Micawber”).
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Platinum Group Metals exercises option to secure an additional 19.25% in Project 1 from Wesizwe for R408million
3 February 2011
Wesizwe Platinum is pleased to announce that following the exercising of an option by Platinum Group Metals (RSA) (Pty) Ltd (“PTM”), a deposit of approximately R408 million has been made into an escrow account on behalf of the Company.
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| Data supplied by McGregor BFA |
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