REVIEWED CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION
FOR THE SIX MONTHS ENDED 30 JUNE 2011
Registration number 2003/020161/06
Share code: WEZ ISIN: ZAE000075859
(“Wesizwe” or “the Group”)
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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. |
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Frischgewaagd-Ledig mine development project officially launched on 4 July 2011. |
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Appointment of new Chief Executive Officer and Finance Director. |
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Mine development accelerated under experienced and competent management team. |
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Platinum Group Metals (RSA) (Pty) Ltd exercised its option to secure an additional 19,25% in Maseve Investments 11 (Pty) Ltd from Wesizwe for R408,8 million. |
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