Platmin says aims to raise around 150 mln usd in share offering

Date : 11/09/2007 @ 12:49PM
Source : TFN
Stock : Platmin Limited (PPN)
Quote : 9.6  0.0 (0.00%) @ 4:05PM
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Platmin says aims to raise around 150 mln usd in share offering

        LONDON (Thomson Financial) - Platmin Ltd said it proposes to issue shares to
raise about 150 mln usd mainly to advance the development of its Pilanesberg
project.
    Platmin said it has also granted to the underwriters the option to purchase
up to an additional 15 pct of the shares sold at the offering.
    The company expects the offer to close by the end of November.
TFN.newsdesk@thomson.com
bsu/lam

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