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Platmin Ltd Completes Cdn$80.75 Million Offering of Common Shares

Friday, December 7th, 2007

Platmin Limited announce that it has completed the previously announced offering of 9,500,000 common shares at a price per share of Cdn.$8.50 to raise gross proceeds of Cdn.$80,750,000. The offering was underwritten by a syndicate of underwriters jointly led by RBC Capital Markets and GMP Securities L.P., and including Haywood Securities Inc. The net proceeds will be used principally to advance the development of the Company’s Pilanesberg Project.
Application has been made for the 9,500,000 common shares to be traded on AIM and admission will occur on 7 December 2007.
For further information visit: www.platmin.com

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