5 LANCASTER PLACE, 7TH FLOOR BRETTENHAM HOUSE
LONDON
United Kingdom,
WC2E 7EN
Phone: +44 (0)20 7379 1474
Fax: +44 (0)20 7379 9443
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Company SummaryRidge Mining plc (Ridge) is a holding company engaged in the development of platinum group metals (PGMs) and associated metals. The Company is engaged in the business of identifying, exploring, developing and operating platinum group metal mines. The Company has two main projects, the Blue Ridge mine and the Sheba's Ridge project. Company NewsThursday, June 18, 2009 Aquarius confirms that, following the announcement released on 26 May 2009 and 27 May 2009, regarding an all share offer by Aquarius for Ridge, that all pre-conditions to the transaction have been satisfied, and that the South African Competition Tribunal has unconditionally approved the transaction. Subsequently the circular to Ridge shareholders to implement the transaction, which is to be implemented pursuant to a scheme of arrangement, was posted to Ridge shareholders on 11 June 2009.
The Transaction is subject to various conditions including in particular (i) the approval of Ridge shareholders, which is being sought at the shareholder meetings on 6 July 2009, and (ii) the approval of the court, which is being sought on 27 July 2009. |
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