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Pin to quick picksSylvania Platinum Regulatory News (SLP)

Share Price Information for Sylvania Platinum (SLP)

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Change: -0.20 (-0.28%)
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Appointment of Joint Broker

4 Jul 2011 07:00

RNS Number : 6792J
Sylvania Platinum Limited
04 July 2011
 



Sylvania Platinum Limited

("Sylvania Platinum" or the "Company")

(ASX: SLP, AIM: SLP)

 

Appointment of Joint Broker

 

Sylvania Platinum Limited, the low cost Platinum Group Metal processor and developer, today announces the appointment, with immediate effect, of RBC Capital Markets as Joint Broker to the Company.

 

Ambrian Partners Limited continues as Nominated Advisor and Joint Broker to Sylvania Platinum Limited.

 

Commenting today, Terry McConnachie Sylvania CEO said, "Following the previous 12 months of transition for Sylvania we have now successfully completed our re-domicile exercise and our projected growth requires more aggressive marketing by a world class broking house. We look forward to working with RBC and Ambrian as we develop PGM production levels at Sylvania Platinum.

 

Under the responsibility of the Deputy CEO, Nigel Trevarthen, and the operations team our focus for 2011 is to significantly increase production and further reduce costs from tailings dump operations and develop our near surface PGM mining and processing division. Sylvania Platinum is now positioned to fully develop its low cost, profitable PGM production business and as such we need further high profile corporate guidance."

Ends

 

For further information please contact: 

South AfricaTerence McConnachie (CEO)

 Sylvania Platinum Limited+27 (11) 673 1171

 

Louis Carroll (FD/Joint Company Secretary)Sylvania Platinum Limited+44 (0) 7969 170 622

 

Australia

Richard Rossiter (Chairman)Sylvania Platinum Limited

+61 (4) 1868 8338

 

Grant Button (Director/Joint Company Secretary)

Sylvania Platinum Limited+61 (8) 9226 4777

 

United KingdomMartin Eales

RBC Capital Markets

+44 (0) 20 7653 4000

 

Anthony Rowland/ Ben WrightAmbrian Partners Limited+44 (0) 20 7634 4700

 

 

Laurence Read/Beth Harris

Threadneedle Communications

+44 (0) 20 7653 9855

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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