9th Oct 2012 08:53
AQUARIUS PLATINUM LIMITEDASX, LSE & JSE9 October 2012 Mr. Zwelakhe Sisulu
The Board of Aquarius Platinum Limited (AQP) notes with regret the passing of a former director, Mr. Zwelakhe Sisulu.
Mr. Sisulu, who was 61, was a member of the Board of Aquarius from February 2005 to February 2007. As chairman of Savannah Resources (Pty) Ltd, Mr Sisulu was an integral part of the negotiations and establishment of the BEE consortium which, comprising Savannah Resources (Pty) Ltd, Chuma Platinum SPV (Pty) Ltd and Malibongwe Platinum SPV (Pty) Limited), invested R865 million in the Aquarius group in December 2004. Aquarius was one of the first companies to achieve full BEE equity status as a result of this.
On behalf of the entire group, the Board of Aquarius extends it sincere condolences to the family and friends of the late Mr. Zwelakhe Sisulu.
Nicholas SibleyChairmanAquarius Platinum Limited
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