New age dawns for Aquarius

Aquarius Platinum Limited, which will soon commission its Kroondal platinum project near Rustenburg in South Africa, is undergoing a major corporate and domicile restructuring.

The company plans to dual list on the Alternative Investment Market of the London Stock Exchange and the Australian Stock Exchange through a new company domiciled in Bermuda.

According to executive director Ed Nealon the new arrangement will assist to secure the necessary funding for the development of its next project at Marikana, located near Kroondal and wholly-owned by Aquarius.

Mr Nealon said the restructure will allow the company easier access to European investors and financiers experienced in the platinum industry.


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