Jubilee Platinum new equity issue to commence trading on Thursday

Mine-to-metal specialist Jubilee Platinum expects that its recent issue of equity will be admitted to trading on AIM and the JSE on January 17th.

The news follows Jubilee's announcement on January 10th that it would issue 15,757,576 ordinary shares under a SEDA Advance.

The group further announced that it would issue 538,084 ordinary shares of 1p each in lieu of cash for corporate advisory fees.

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It is expected that the shares will be admitted to trading on AIM and the JSE on January 18th.

As of January 18th, following both of the share issues, the total issued share capital of the company will be 337,430,390 and the total number of voting rights in the company will be 337,430,390.

Jubilee's shareprice was unchanged at 9p at 11:18 on Tuesday morning.

MF