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06-Aug-2018
(Official Notice)
The board of Wesizwe Platinum Ltd. wishes to advise all shareholders that the Company has transferred responsibility of Transfer Secretarial services to 4 Africa Exchange Registry (Pty) Ltd., with effect from 07 August 2018.



The new contact details are as follows:

4 Africa Exchange Registry (Pty) Ltd.

Cedarwood House

Ballywoods Office Park

33 Ballyclare Drive

Bryanston

2191

South Africa
06-Jul-2018
(Official Notice)
Shareholders are hereby informed that Mr. Indresen Pillay has resigned from the board of the company with effect from 31 July 2018.



Mr. Pillay resigned because he will no longer be representing Anglo American Platinum, the shareholder whose interest he represented on the board.
04-May-2018
(Official Notice)
The shareholders of Wesizwe (?Shareholders?) are advised that at the annual general meeting of Shareholders (?AGM?) held on Friday, 04 May 2018, in terms of the notice of AGM distributed to Shareholders on Monday, 23 March 2018, all of the resolutions tabled were passed by the requisite majority of votes cast by Shareholders present in person or represented by proxy.
05-Apr-2018
(Official Notice)
The board of directors of the Company hereby notifies shareholders that the Company has terminated its mandate with KPMG due to KPMG not winning a tender to render audit services to the Company. The termination is effective immediately.



The Company announces that Sizwe Ntsaluba Gobodo has been appointed as the new auditor with Neridha Moodley being the designated auditor with immediate effect.

29-Mar-2018
(C)
Loss before tax was recorded at R15.1 million (2016: profit of R454.2 million). Loss for the year was R94.2 million (2016: profit of R302.7 million). In addition, headline earnings per share lowered to 21.39 cents per share (2016: 25.15 cents per share).



Dividends

No dividends were declared for the year ended 31 December 2017.



Company prospects

The Bakubung project remains on target both in terms of full planned concentrate production output and project construction costs budget. The updated feasibility study of the Bakubung project was tested by the auditors for an impairment assessment and still continues to yield very encouraging results.



Notice of annual general meeting

Shareholders are hereby advised that the integrated annual report was released on Thursday, 29 March 2018 which incorporates the notice of annual general meeting to be held at Holiday Inn Sandton, 123 Rivonia Road, Sandton, Johannesburg on Friday, 4 May 2018 at 09h00. The integrated report will also be available on the company?s website at www.wesizwe.com. The date on which shareholders must be recorded as such in the share register for purposes of being entitled to attend and vote at this meeting is Thursday, 26 April 2018 with the last day to trade being Monday, 23 April 2018.

22-Mar-2018
(Official Notice)
The Wesizwe board of directors therefore wishes to advise shareholders that the Company expects to report basic loss per share attributable to ordinary shareholders for the financial year ended 31 December 2017 of between 3.93 cents and 7.65 cents per share, being between 121% and 141% lower, compared to basic earnings per share of 18.59 cents per share for the previous comparable period.



The Company expects to report headline earnings per share attributable to ordinary shareholders for the financial year ended 31 December 2017 of between 18.88 cents and 23.91 cents per share, being between 5% and 25% lower, compared to headline earnings per share of 25.15 cents per share for the previous comparable period.



The financial information included in this trading statement has not been reviewed and reported on by the Company?s external auditors.



The Company`s results for the financial year ended 31 December 2017 will be published on or about 29 March 2018.

02-Feb-2018
(Official Notice)
Wesizwe announced the appointment to the board of two non-executive directors, Mr Sun Pingan (Master of Management and Bachelor of Engineering)) and Mr Indresen Pillay (BSc QS), with effect from 01 February 2018.
31-Jan-2018
(Official Notice)
In accordance with paragraph 3.59(b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Ms Xiaoyin Zhou has resigned from the board of the Company with effect from 30 January 2018. Ms Zhou is no longer in the employ of Jinchuan Group Ltd., whose interests she was representing on the board. The board would like to thank Ms Zhou for her contribution in the Company and wishes her success in her future endeavours.

07-Dec-2017
(Official Notice)
Shareholders are hereby advised that Ms V Mhlongo has retracted her resignation as Wesizwe?s company secretary with effect from 31 December 2017. Ms Mhlongo will continue to act as the company secretary of Wesizwe.
09-Nov-2017
(Official Notice)
Shareholders are hereby advised that Ms V Mhlongo has resigned as Wesizwe?s company secretary with effect from 31 December 2017. The process to appoint a suitable replacement to Ms Mhlongo is ongoing and shareholders will be advised once such an appointment has been made.
28-Sep-2017
(C)
Profit for the period came in at R19 million (2016: loss of R638 000). Furthermore, headline earnings per share was recorded at 9.74 cent per share (2016: 10.36 cents per share)



Dividends

No dividends were declared in the current period.

27-Sep-2017
(Official Notice)
The Wesizwe board of directors advised shareholders that the company expects to report basic earnings per share attributable to ordinary shareholders for the 6 months ended 30 June 2017 of between 1.11 cents and 1.23 cents per share, compared to basic loss per share of 0.04 cents per share for the previous comparable period.



For completeness, the company expects to report headline earnings per share attributable to ordinary shareholders for the 6 months ended 30 June 2017 within 10% of headline earnings per share of 10.36 cents per share for the previous comparable period.



The company?s results for the 6 month period ended 31 June 2017 will be published on or about 29 September 2017.
22-Sep-2017
(Official Notice)
Shareholders are hereby informed that the board of the company has appointed Mr Fugui Qiao as non-executive director with immediate effect.
28-Aug-2017
(Official Notice)
Shareholders were informed that Mr Dexin Chen has resigned from his position as non-executive director with effect from 28 August 2017. Mr Chen who represented the majority shareholder (Jinchuan Group) on the board has taken other senior responsibilities within Jinchuan Group that would require most of his time.
30-Jun-2017
(Official Notice)
Shareholders are hereby informed that the Wesizwe Platinum board has appointed Mr. Feng Tao as executive financial director of the company with effect from 01 July 2017.







04-May-2017
(Official Notice)
The shareholders of Wesizwe are advised that at the annual general meeting of shareholders (?Annual General Meeting?) held on Thursday, 04 May 2017, in terms of the notice of annual general meeting distributed to shareholders on Wednesday, 30 March 2017, all of the resolutions tabled were passed by the requisite majority of votes cast by shareholders present in person or represented by proxy.



The total number of shares voted in person or by proxy at the Annual General Meeting was 1 071 367 672 shares, representing 65.82% of Wesizwe?s issued share capital of 1 627 827 058 ordinary shares as at Friday, 18 April 2017, being the Voting Record Date.

02-May-2017
(Official Notice)
Shareholders are hereby informed that Mr Johannes ?Kenny? Mokoka has resigned from his position as non-executive director with effect from 01 May 2017.
30-Mar-2017
(C)
Profit before tax for the year improved to R454.2 million (2015: loss of R756.1 million). Profit for the year grew to R302.7 million (2015: loss of R556.8 million). Furthermore, headline earnings per share shot up to 25.15 cents per share (2015: headline loss of 27.56 cents per share).



Dividends

No dividends were declared for the year ended 31 December 2016.



Company prospects

The Bakubung project remains on target both in terms of full planned concentrate production output and project construction costs budget. The updated feasibility study of the Bakubung project was tested by the auditors for an impairment assessment and still continues to yield very encouraging results.



Notice of annual general meeting

Shareholders are hereby advised that the integrated annual report was released today, which incorporates the notice of annual general meeting to be held at Holiday Inn Sandton, 123 Rivonia Road, Sandton, Johannesburg on Thursday, 4 May 2017 at 09h00. The integrated report will also be available on the company?s website at www.wesizwe.com. The date on which shareholders must be recorded as such in the share register for purposes of being entitled to attend and vote at this meeting is Friday, 28 April 2017 with the last day to trade being Monday, 24 April 2017.



The financial statements have been prepared under the supervision of the finance director, Mr. J Gao prior to his resignation, and subsequently signed off by the newly appointed acting finance director, Mr. Z. Li.

27-Mar-2017
(Official Notice)
The Wesizwe board of directors advises shareholders that the company expects to report basic earnings per share attributable to ordinary shareholders for the financial year ended 31 December 2016 of between 15.17 cents and 22.01 cents per share, being between 144% and 164% higher, compared to basic loss per share of 34.20 cents per share for the previous comparable period.



The company expects to report headline earnings per share attributable to ordinary shareholders for the financial year ended 31 December 2016 of between 22.39 cents and 27.91 cents per share, being between 181% and 201% higher, compared to headline loss per share of 27.56 cents per share for the previous comparable period.



The financial information included in this trading statement has not been reviewed and reported on by the company's external auditors.



The company's results for the financial year ended 31 December 2016 will be published on or about 30 March 2017.

15-Feb-2017
(Official Notice)
Shareholders are hereby informed that Mr Jianke Gao has resigned from his positions as Chief Executive Officer and executive director with effect from 14 February 2017. He will officially leave the company within two months.



Wesizwe announced the appointment to the company of Mr Zhimin Li as the new Chief Executive Officer and executive director to the board of the company with effect from 15 February 2017.
17-Nov-2016
(Official Notice)
29-Sep-2016
(C)
Loss for the period came in at R638 000 (2015: profit of R4.7 million). Furthermore, headline earnings per share shot up to 10.36 cent per share (2015: 0.29 cents per share)



Dividends

No dividends were declared in the current period.

26-Sep-2016
(Official Notice)
The Wesizwe board of directors therefore wishes to advise shareholders that the company expects to report basic loss per share attributable to ordinary shareholders for the 6 months ended 30 June 2016 of between 0.02 cents and 0.06 cents per share, being between 107% and 121% lower, compared to basic earnings per share of 0.29 cents per share for the previous comparable period.



The company expects to report headline earnings per share attributable to ordinary shareholders for the 6 months ended 30 June 2016 of between 10.34 cents and 10.38 cents per share, being between 3466% and 3479% higher, compared to headline earnings per share of 0.29 cents per share for the previous comparable period.



The company`s results for the 6 month period ended 30 June 2016 will be published on or about 30 September 2016.
21-Sep-2016
(Official Notice)
Wesizwe announces the appointment to the board of two non-executive directors, Mr Li Pengfei and Ms Zhou Xiaoyin, with immediate effect.



15-Sep-2016
(Official Notice)
Shareholders are hereby informed that Mr Wenliang Ma has resigned from his position as financial director with immediate effect.



14-Sep-2016
(Official Notice)
Shareholders were informed that Mr Liliang Teng has resigned from his position as non-executive director with effect from 13 September 2016.
27-Aug-2018
(X)
Wesizwe is a public company incorporated
in the Republic of South Africa and its shares are listed on
the JSE.
The group?s main strategic project is to build and operate
South Africa?s next platinum group metals (?PGM?) mine
at its Bakubung Platinum Mine (?BPM?), which is owned by
Bakubung Minerals (Pty) Ltd., firmly positioning the group as
a significant mid-tier precious metals producer.
04-May-2016
(Official Notice)
The shareholders of Wesizwe (?Shareholders?) are advised that at the annual general meeting of Shareholders (?Annual General Meeting?) held on Wednesday, 04 May 2016, in terms of the notice of Annual General Meeting distributed to Shareholders on Wednesday, 30 March 2016, all of the resolutions tabled were passed by the requisite majority of votes cast by Shareholders present in person or represented by proxy.



The total number of shares voted in person or by proxy at the Annual General Meeting was 1,042,275,880 shares, representing of 64.03% Wesizwe?s issued share capital of 1 627 827 058 ordinary shares as at Friday, 15 April 2016, being the Voting Record Date.



29-Mar-2016
(C)
Loss before tax for the year ended 31 December 2015 widened to R756.1 million (2014: loss of R170.4 million). Loss for the year was R556.8 million (2014: loss of R263.2 million), while headline loss per share came in at 27.56cps (2014: headline loss per share of 0.66cps)



Dividends

No dividends were declared for the year ended 31 December 2015.



Prospects

The Bakubung project remains on target both in terms of full planned concentrate production output and project construction costs budget. The updated feasibility study of the Bakubung project was tested by the auditors for an impairment assessment and still continues to yield very encouraging results.



Notice of AGM

Shareholders are hereby advised that the integrated annual report will be released tomorrow, which incorporates the notice of annual general meeting to be held at Holiday Inn Sandton, 123 Rivonia Road, Sandton, Johannesburg on Wednesday, 4 May 2016 at 09h00. The integrated report will also be available on the company?s website at www.wesizwe.com. The date on which shareholders must be recorded as such in the share register for purposes of being entitled to attend and vote at this meeting is Friday, 22 April 2016 with the last day to trade being Friday, 15 April 2016.

18-Mar-2016
(Official Notice)
The Wesizwe board of directors wished to advise shareholders that the Company expects to report a basic loss per share attributable to ordinary shareholders for the year ended 31 December 2015 of between 32.62 cents and 35.78 cents per share, being between 102% and 121% lower, compared to a basic loss per share of 16.17 cents per share for the previous comparable period.



A headline loss per share attributable to ordinary shareholders for the year ended 31 December 2015 is expected to be between 27.50 cents and 27.62 cents per share, being between 4 067% and 4 085% lower, compared to a headline loss per share of 0.66 cents for the previous comparable period.
29-Jan-2016
(Official Notice)
Shareholders are hereby informed that Mr Jikang Li has resigned from his position as non-executive director with effect from 28 January 2016.

29-Sep-2015
(C)
Attributable profit rose to R4.7 million (loss of R3.8 million). In addition, a headline earnings per share of 0.29cps (loss of 0.23cps) was made.



Dividend

No dividend has been declared.



Prospects

Proactive stakeholder relations management continues to be a cornerstone of the Company?s business strategy and is at the heart of ensuring that relationships with all stakeholders, particularly the residents and Leaders of the local host community, are positive. To achieve this goal, the Company continues to implement its integrated stakeholder relations plan, which combines regular communications messaging through a variety of platforms and utilizing all the tools at its disposal, to ensure maximum message traction and information flow.



During the period under review, we have continued to improve how we measure our sustainability programs to more accurately determine their effectiveness. We continue to engage across the various functions in order to ensure success of the company?s sustainability strategy and objectives. We continue to implement our local economic development program to facilitate the development of the surrounding communities. This is effectively executed through the Company?s SLP commitments, which are geared towards upliftment, poverty alleviation and sustainable socio-economic development.



During the period under review, the following projects have had an impact on local economic development:

-Bakubung Clinic (Health care services)

-Agricultural commercial projects (Zwartkoppies Farm)

-School infrastructure development projects

-Skills Development initiatives
23-Sep-2015
(Official Notice)
The Wesizwe board of directors therefore wishes to advise shareholders that the company expects to report headline earnings per share and basic earnings per share attributable to ordinary shareholders for the 6 months ended 30 June 2015 of between 0.27 cents and 0.31 cents per share, being between 217% and 235% higher, compared to a headline loss per share and basic loss per share of 0.23 cents per share for the previous comparable period.



The company`s results for the 6 month period ended 30 June 2015 will be published on or about 30 September 2015.
06-Jul-2015
(Official Notice)
Shareholders of the Company are hereby advised that Mr W Eksteen has resigned as an independent non-executive director of the Company with immediate effect.



Results of annual general meeting

As a result of Mr Eksteen?s resignation, ordinary resolutions 1 and 9 were withdrawn. In terms of paragraph 3.91 of the JSE Listings Requirements, the Board of directors advise that all the remaining resolutions, including the three special resolutions, as set out in the notice of the AGM, were passed by a unanimous majority of shareholder votes at the AGM held on 6 July 2015. Altogether 65.91% of voteable shares, being 1 072 903 835 shares, were represented at the AGM.
13-Apr-2015
(Official Notice)
The Management of Wesizwe regret to announce a fatality that occurred at its Bakubung Platinum Mine project on 9 April 2014, when a contractor working as a Stage Hand was fatally injured whilst working on the sinking stage.



From the preliminary investigation carried out following this incident, he fell approximately 15 meters from the sinking stage fourth deck to the shaft bottom. At the time of the incident the stage crew was in the process of raising the stage in preparation for the end of shift blast. Work on the shaft sinking operations of the Main and Ventilation shafts at the Bakubung Platinum Mine site have been temporarily stopped pending the outcome of a full investigation and subsequent presentation to the office of the Principal Inspector of Mines of the Department of Mineral Resources.
31-Mar-2015
(C)
27-Mar-2015
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 18 March 2015. Based on the final audited annual financial statements approved by the board of directors and signed off by our external auditors, shareholders are hereby advised that the Company expects to report a basic loss per share attributable to ordinary shareholders for the year ended 31 December 2014 of between 16.17 cents and 16.23 cents per share, being between 2 831% and 2 851% lower, compared to a basic loss per share of 0.55 cents per share for the previous comparable period.



The headline loss per share attributable to ordinary shareholders for the year ended 31 December 2014 is not expected to vary by more than 20% compared to the previous corresponding period. The audited annual financial statements and accompanying integrated report will be released on 31 March 2015. Wesizwe is a project development company, developing the Bakubung Platinum Mine. Production development will commence in the 2nd quarter of 2017 and will reach steady state in the 2nd quarter of 2021.
18-Mar-2015
(Official Notice)
The Wesizwe board of directors therefore wishes to advise shareholders that the company expects to report a basic loss per share attributable to ordinary shareholders for the year ended 31 December 2014 of between 16.17 cents and 16.23 cents per share, being between 2 831% and 2 851% lower, compared to a basic loss per share of 0.55 cents per share for the previous comparable period.



A headline loss per share attributable to ordinary shareholders for the year ended 31 December 2014 is expected to be between 8.18 cents and 8.24 cents per share, being between 1 129% and 1 150% lower, compared to a headline loss per share of 0.66 cents for the previous comparable period.



Wesizwe is a project development company, developing the Bakubung Platinum Mine. First production is expected in 2019.
27-Feb-2015
(Official Notice)
The Board wishes to advise shareholders that Wesizwe has transferred responsibility for transfer secretarial services to Trifecta Capital Services, with effect from 01 March 2015. The new Transfer Secretaries contact details are as follows:



Trifecta Capital Services

Trifecta Capital House

Nr 31 Beacon Road

Florida-North

1709

South Africa



Postal address:

PO Box 61272

Marshalltown

2107

South Africa

11-Nov-2014
(Official Notice)
Wesizwe has announced the appointment of a new non-executive director to its Board, Mr Kenny Mokoka, with effect from 7 November 2014.
20-Oct-2014
(Official Notice)
The Bakubung Platinum Mine has just announced its first-ever fatality on the project, which occurred on 17 October, when one of its contractors employed as a Jumbo Operator was fatally injured during the shaft sinking process at the mine. From a preliminary investigation carried out immediately following the accident, the cause of the accident is a metal object which fell approximately 22 metres down the mine shaft, striking the contractor who was working at the bottom of the mine shaft.



At the time of the incident, the fatally injured contractor had been part of a team completing cleaning processes, loading broken rock at the bottom of the shaft and in the process of slinging a Jumbo Drill Rig.



Work on the shaft sinking operations on the main and ventilation shafts at the Bakubung Platinum Mine site has been temporarily stopped pending the outcome of the full investigation to determine the root causes of the incident, and the subsequent presentation to the Department of Mineral Resources.



Condolences have been sent by the management of the Bakubung Platinum Mine to the family of the deceased.
05-Sep-2014
(C)
Net attributable loss narrowed to R3.8 million (loss of R94.4 million). In addition, a headline loss per share of 0.23cps (loss of 5.80cps) was made.



Dividend

No dividend has been declared.
01-Sep-2014
(Official Notice)
In accordance with paragraph 3.4(b) of the JSE Ltd Listings Requirements, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the reporting period will differ by more than 20% from those of the previous corresponding period.



The Wesizwe Board of Directors hereby advises shareholders that the Company expects to report a basic loss per share attributable to ordinary shareholders for the 6 months ended 30 June 2014 of between 0.1 and 0.5 cents per share, compared to a basic loss per share of 5.80 cents per share for the previous comparable period.



The headline loss per share attributable to ordinary shareholders for the 6 months ended 30 June 2014 is expected to be between 0.1 and 0.5 cents per share, compared to a headline loss per share of 5.80 cents for the previous comparable period.



The financial information included in this trading statement has not been reviewed and reported on by the Company?s external auditors.



The Company`s results for the 6 month period ended 30 June 2014 will be published on or about 11 September 2014.

22-Aug-2014
(Official Notice)
In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Ltd., shareholders are hereby informed that Mr. Victor Thembinkosi Mabuza ("Mr. Mabuza") has been appointed to the board of directors of Wesizwe ("the Board") as an independent non-executive director and chairman of the Audit and Risk Committee of the Company with effect from 22 August 2014.



Mr Mabuza completed a Bachelor of Commerce degree (Financial Accounting - Financial Management Major) at the University of Swaziland in 1992 and completed a Masters degree in Small Business Development - Entrepreneurship at the University of Pretoria in 2004. Mr Mabuza has over 16 years experience in corporate finance and corporate and investment banking with major financial institutions such as Standard Bank, Stanlib Wealth - Asset Managers and the National Empowerment Fund. He has gained considerable experience in corporate finance advisory and implementation of public offers as well as the financial structuring of BB-BEE share schemes for blue chip companies such as Anglo Platinum, AngloGold, Northam Platinum, Sasol, Vodacom and NEF/MTN.



Mr Mabuza is the chief operating officer of the Esop Shop and also serves on the board of directors of Metorex and as the chairman of the Audit Committee and as a member of the Human Capital and Remuneration Committee.



The Board wishes to welcome Mr Mabuza and looks forward to his contributions to Wesizwe.





22-Aug-2014
(Official Notice)
Wesizwe, through its wholly owned subsidiary Africa Wide Mineral Prospecting and Exploration (Pty) Limited ("Africa Wide") held a 26% interest in Maseve Investments 11 (Pty) Limited ("Maseve"). Maseve is in the process of developing the WBJV Project 1 Platinum Mine ("the Project").



Shareholders are referred to the announcements published on SENS on 21 October 2013 and 12 November 2013 wherein the following was announced:

*Maseve made a cash call of ZAR213 million on Africa Wide for its share of the ongoing development of the Project in terms of the shareholders agreement concluded between Africa Wide and Platinum Group Metals Limited ("PTM") as the shareholders of Maseve;



*Africa Wide decided not to make further funding contributions towards Maseve for the Project.



*In terms of the shareholders agreement, a non-contribution towards a cash call results in the non-contributing shareholders? shareholding in Maseve being diluted in terms of the dilution formula provided for in the shareholders agreement.



*Africa Wide and PTM held different opinions on the definition of certain variables in the dilution formula and Africa Wide and PTM decided to make use of the arbitration mechanism provided for in the shareholders agreement.



*On 11 November 2013 the shareholders resolved to implement the agreed minimum dilution formula and therefore Africa Wide?s interest in Maseve was diluted to 22.51% subject to further dilution pending the outcome of the arbitration proceedings.



The arbitrator gave his ruling on 20 August 2014 which ruling is binding on both African Wide and PTM. In terms of the ruling, Africa Wide?s interest in Maseve will be diluted as a result of the first cash call to 21.27%.



Maseve made a second cash call on Africa Wide in February 2014 amounting to ZAR234.6 million for its share of the ongoing development of the Project. As a result of the non-contribution by African Wide towards this second cash call its interest in Maseve will be further diluted to 17.10%.



As a consequence of the abovementioned dilutions, Wesizwe will have to recognise a dilution loss of ZAR97.4 million and a potential impairment of the investment.

12-Aug-2014
(Official Notice)
Shareholders are hereby informed that Mr. Barend van der Merwe (Mr. Van der Merwe) has resigned from his position as a non-executive director of the board of directors of Wesizwe (the Board) with effect from Monday, 11 August 2014.
18-Jul-2014
(Official Notice)
Shareholders are hereby informed of the resignations of Messrs Jikang Li and Barend van der Merwe as members of the audit and risk committee of the company ("Audit Committee") with effect from 18 July 2014. Messrs Jikang Li and Barend van der Merwe will continue to serve on the Wesizwe board of directors ("the board") and as members of other sub-committees of the board.



Wesizwe is in the process of appointing an independent nonexecutive director to the board to serve as a member of the Audit Committee in order to fill the vacancy in the Audit Committee.
01-Jul-2014
(Official Notice)
Shareholders are advised that the requisite majority of shareholders approved all of the special and ordinary resolutions tabled at the Company's annual general meeting held today, 1 July 2014, with the exception of ordinary resolution number six, relating to the re-appointment of Ms Nosipho Carol Winifred Molope ("Ms. Molope") as a member of the audit and risk committee, which was withdrawn prior to the annual general meeting.



In compliance with paragraph 3.59(b) of the Listings Requirements of the JSE Ltd., Wesizwe advised shareholders that Ms Molope has resigned from the Wesizwe board with effect from 1 July 2014 and therefore ordinary resolution number six was withdrawn.
26-Mar-2014
(C)
Loss before tax for the year ended 31 December 2013 came in at R11.4 million (2012: profit of R14.4 million). Loss for the year was R9 million (2012: profit of R9.7 million), while headline loss per share was 0.66cps (2012: earnings of 0.70cps).



Notice of AGM

Shareholders are advised that the integrated annual report was posted today, which incorporates the notice of annual general meeting to be held at Holiday Inn Sandton, 123 Rivonia Road, Sandton, Johannesburg on Tuesday, 1 July 2014 at 09h00. The date on which shareholders must be recorded as such in the share register for purposes of being entitled to attend and vote at this meeting is Friday, 20 June 2014 with the last day to trade being Thursday, 12 June 2014. The financial statements have been prepared under the supervision of the Finance Director, Mr Wenliang Ma.
13-Mar-2014
(Official Notice)
The Wesizwe board of directors advised shareholders that the company expects to report a basic loss per share attributable to ordinary shareholders for the year ended 31 December 2013 of between 0.52 cents and 0.58 cents per share, compared to a basic earnings per share of 0.60 cents per share for the previous comparable period.



A headline loss per share attributable to ordinary shareholders for the year ended 31 December 2013 is expected to be between 0.63 cents and 0.69 cents per share, compared to a headline earnings per share of 0.70 cents for the previous comparable period.
13-Mar-2014
(Official Notice)
31-Dec-2013
(Official Notice)
Shareholders are referred to Wesizwe's SENS announcement, dated 21 January 2013 in terms of which it was inter alia announced that:

*the China Development Bank (CDB) confirmed its USD650 million loan funding for the Bakubung Platinum Mine project (the Project Loan), subject to the finalisation of outstanding conditions precedent (Funding Conditions) and conclusion of definitive loan agreements (the Funding Agreements); and

*In anticipation of the Project Loan, two separate USD100m short-term loan contracts were concluded in December 2012 and which will be refunded in part by the Project Loan.



The above funding arrangements are pursuant to the terms and conditions of investment entered into between Wesizwe and China- Africa Jinchuan Investments (Pty) Limited (Jinchuan) and in accordance to the subscription agreement signed between the Jinchuan and the Company in May 2011 (the Subscription Agreements). A specific provision of the Subscription Agreements required that Jinchuan will secure the provision of an USD650 million debt facility to the Company.



Further to the above, the board of directors are pleased to announce that the Funding Conditions have been finalised and definitive Funding Agreements were duly concluded on 31 December 2013. In terms of the Funding Agreements, the CDB have made available to Wesizwe a loan facility the basic terms of which are:

*a 15 year facility with a total capital commitment of USD650 million;

*the capital portion repayment only to commence after 6 years (i.e. a repayment holiday of 6 years) from first drawdown; and

*interest payable will be 6 month LIBOR plus 3.5%.
11-Dec-2013
(Official Notice)
Shareholders are hereby advised that, with effect from 1 January 2014, the company's registered address will change to Wesizwe House, Devcon Business Park, 9 Autumn Road, Rivonia, Ext 3, 2128.



Shareholders are further advised that the company's postal address, telephone and facsimile numbers as well as the company's email and website addresses remain unchanged.



The company will start the relocation to its new registered address on 13 December until 20 December 2013. Wesizwe's offices will be closed from 23 December 2013 until 3 January 2014.
12-Nov-2013
(Official Notice)
Shareholders are referred to the SENS announcement dated 21 October 2013 advising shareholders that Africa Wide Mineral Prospecting and Exploration (Pty) Ltd. ("Africa Wide"), a subsidiary of Wesizwe which holds a 26% interest in Maseve Investments 11 (Pty) Ltd. ("Maseve") being the operating company of the WBJV Project 1 Platinum Mine ("the Maseve Project"), would not be funding a ZAR213 million (approximately USD21.8 million) cash call for its 26% share of a 6 month forward budget for the Maseve Project.



In terms of the Maseve shareholders agreement ("MS Agreement"):

*any non-participation in the funding by Africa Wide and the subsequent continued funding by PTM could result in a dilution of Africa Wide's equity interest in Maseve; and

*a specific dilution formula is provided for in calculating the extent of such aforementioned dillutionary effect which is also subject to confirmation by arbitration proceedings.



Further to the above, Wesizwe shareholders are advised that a subsequent Maseve Shareholders meeting was held on 11 November 2013 whereat it was inter alia resolved that as a consequence of Africa Wide's non-participation and in accordance with the MS Agreement:

*Africa Wide would dilute to a shareholding of 22.51% ("Africa Wide Dilution"); and

*the Africa Wide Dilution would be subject to the completion of an agreed arbitration process to confirm the correctness of the calculation methodology applied in determining the Africa Wide Dilution.



Shareholders will be informed once the arbitration proceedings have been completed and the Africa Wide Dilution is to be effected.
21-Oct-2013
(Official Notice)
Shareholders were advised that at a meeting of the shareholders of Maseve Investments 11 (Pty) Ltd. ("Maseve"), the operating company of the WBJV Project 1 Platinum Mine (the "Project"), Platinum Group representatives were informed via Africa Wide Mineral Prospecting and Exploration (Pty) Ltd. ("Africa Wide") that Africa Wide, a subsidiary of Wesizwe, would not be funding a R213 million (approximately USD21.8 million) cash call for its 26% share of a 6 month forward budget for the Project. The cash call to Africa Wide for the Project had been timed to coincide with the final expenditure of funds held in escrow by Maseve for Africa Wide.



Wesizwe's 26% interest in Maseve was derived from the conclusion of the 2008 "Project Delta Agreements" which saw the rationalisation of rights between Anglo American Platinum Ltd., Platinum Group Metals Ltd. ("PTM") and Wesizwe Platinum Limited. In the process of the rationalisation, PTM earned the right to increase its interest in Maseve to 74%. The proceeds of PTM's increased interest in Maseve were escrowed by Maseve on behalf of Wesizwe to partially fund Wesizwe's interest in the development of the Project (the original escrowed amount was R408.81 million).



The company considered the cash call and the project fundamentals in detail, which included a definitive due-diligence review supported by third party experts, and concluded that the Project does not satisfy its investment criteria under current market conditions.



In terms of the Maseve shareholder's agreement, any non-participation in the funding by Africa Wide and the subsequent continued funding by PTM could result in the dilution of Africa Wide?s equity interest in Maseve. The aforementioned potential dillutionary effect is uncertain at this stage and in the event of it materialising, shareholders would be duly informed thereof in a further announcement.



Wesizwe wishes to confirm that its 100% held Bakubung Minerals Project remains firmly on track, within budget and well-funded. Shareholders are referred to Wesizwe's recently announced interim results for further details in this regard.
16-Sep-2013
(C)
A net attributable loss of R94.4 million (profit of R4 million) was made. In addition, a headline loss per share of 5.80cps (earnings of 0.25cps) was made.



Dividend

No dividend has been declared.
28-Aug-2013
(Official Notice)
The Wesizwe board of directors advised shareholders that the company expects to report a basic loss per share attributable to ordinary shareholders for the 6 months ended 30 June 2013 of between 5.75 cents and 5.85 cents per share, compared to a basic earnings per share of 0.25 cents per share for the previous comparable period.



The headline loss per share attributable to ordinary shareholders for the 6 months ended 30 June 2013 is expected to be between 5.70 cents and 5.90 cents per share, compared to a headline earnings per share of 0.25 cents for the previous comparable period.
01-Jul-2013
(Official Notice)
Shareholders of Wesizwe were advised that the requisite majority of shareholders approved all of the ordinary and special resolutions tabled at the company's annual general meeting ("AGM") which was held on 1 July 2013, at 09h00 at Glenhove Conference Centre, 52, Glenhove Road, Melrose Estate, Houghton, Johannesburg.
21-Jun-2013
(Official Notice)
Shareholders are referred to Wesizwe's SENS announcement, dated 21 January 2013 relating to the confirmation of funding from the China Development Bank (CDB) for the Bakubung Platinum Mine project, including the conclusion of two separate USD100m short-term loan contracts. The drawdown of the first USD100 million short-term loan was completed in December 2012 (the Initial Drawdown).



Wesizwe is hereby pleased to announce the drawdown of the second USD100 million short-term loan from CDB (the Second Drawdown). The proceeds of the Second Drawdown will be utilised to repay the Initial Drawdown. The Second Drawdown was effected in order for Wesizwe to continue availing itself of the beneficial short term interest rates on the said loans.



Shareholders are furthermore advised that the USD650 million loan from CDB is in the process of being finalised. A further announcement regarding the loan will be made once the loan becomes unconditional.

27-Mar-2013
(C)
Profit from operations was R14.4 million (loss of R24.7 million). Profit for the year was R9.7 million (loss of R358.3 million). Headline earnings per share was 0.7cps (loss of 25.9cps).



Notice of Annual General Meeting

Shareholders were advised that the annual integrated report will be posted tomorrow, Thursday, 28 March 2013, which incorporates the notice of annual general meeting to be held at Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg on Monday, 1 July 2013 at 09h00. The date on which shareholders must be recorded as such in the share register of the company for purposes of being entitled to attend and vote at this meeting is Friday, 21 June 2013 with the last day to trade being Thursday, 13 June 2013.
07-Mar-2013
(Official Notice)
Shareholders are referred to the trading statement released earlier today on SENS and are hereby advised that the trading ranges were incorrectly reflected. The correct trading ranges are set out below.



The Wesizwe Board of Directors advised shareholders that the Company expects to report a basic earnings per share attributable to ordinary shareholders for the year ended 31 December 2012 of between 0.58 cents and 0.63 cents per share, compared to a basic loss per share of 26.58 cents per share for the previous comparable period. The headline earnings per share attributable to ordinary shareholders for the year ended 31 December 2012 is expected to be between 0.68 cents and 0.73 cents per share, compared to a headline loss per share of 25.90 cents for the previous comparable period.
04-Feb-2013
(Media Comment)
According to The Sunday Times Business Times, besides forging ahead with the development of its new R12 billion Bakubung platinum mine, Wesizwe is on the prowl for acquisitions and is in the process of evaluating several opportunities. Wesizwe is backed by Chinese investors, and COO Paul Smith is positive on the platinum industry, believing that the current situation is not a "doomsday scenario by any means. SA will work through this and come to relevant solutions and we will mine platinum." Smith is confident that Jinchuan, China's largest mining company, and one of the biggest shareholders in Wesizwe, will support any viable acquisitions that the company proposes.
21-Jan-2013
(Official Notice)
Wesizwe announced that the credit committee of the China Development Bank (CDB) has approved the USD650 million loan for the development of the Bakubung Platinum Mine project in November 2012. As part of the loan agreement, CDB and Wesizwe have signed two separate USD100 million short-term loan contracts in December 2012, which will be refunded by part of the USD650 million long-term loan, but are separate loan agreements. One USD100 million loan was put in place in December 2012 and the other USD100 million will be in place once the long- term loan USD650 million precedent conditions have been finalised, including the contract and account agreement.



Wesizwe is commencing the negotiation process on the contracts in the coming weeks and the process will be finalised by end of February this year. The above funding arrangements are in accordance with the terms and conditions of investment entered into between Wesizwe and China-Africa Jinchuan Investments (Pty) Ltd., agreed to in terms of the subscription agreement signed between the parties in May 2011.



Wesizwe's Bakubung Platinum Mine project, located in the Western Limb of the Bushveld Complex close to the town of Rustenburg, is progressing well and remains on budget and on schedule. Main commissioning of the mine is scheduled for 2018 and full production is anticipated in 2023. The project is already benefitting local people in the neighbouring Ledig area, with the project having achieved a local employment percentage of 30.21%. In addition, a programme of specialist training and development initiatives to support the future employment needs of the mine has been implemented, including a new, accredited Rock Drill Operator Academy which took in the first local recruits in November 2012, aimed at developing a new essential mining skills training resource for the future.
05-Dec-2012
(Official Notice)
Shareholders are hereby advised that Ms Vasta Mhlongo has been appointed as Company Secretary of Wesizwe with effect from 1 January 2013.



22-Nov-2012
(Official Notice)
Shareholders of Wesizwe were referred to the circular posted to shareholders on Thursday 25 October 2012 in regard to the adoption of the Wesizwe Share Plan which included a notice of general meeting ("Notice of General Meeting").



The board advised shareholders that the abovementioned general meeting was held today, 22 November 2012, and that all the ordinary resolutions contained in the Notice of General Meeting were passed by the absolute majority of shareholders present and eligible to vote.
02-Nov-2012
(Official Notice)
Shareholders are informed that Nosipho Carol Winifred Molope ("Nosipho") has been appointed as independent non-executive director and chairman of the audit - risk committee of the company with effect from 1 November 2012.
25-Oct-2012
(Official Notice)
Shareholders of Wesizwe are advised that a circular in relation to the adoption of the Wesizwe Share Plan ("the circular") and incorporating a notice of a general meeting ("the general meeting") was posted to shareholders on 25 October 2012. Accordingly, notice is given that the general meeting will be held on Thursday, 22 November 2012 at 09h00 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose estate, Houghton, Johannesburg, for the purpose of considering and, if deemed fit, passing with or without modification, the resolutions set out in the notice of the general meeting included in the circular.



The indicative timeline for the adoption of the Wesizwe Share Plan as set out in the circular is as follows:

* Record date to determine which shareholders are eligible to receive the circular: Friday, 19 October

* Circular posted to shareholders: Thursday, 25 October

* Last day to trade in order to attend, participate and vote at the general meeting: Friday, 9 November

* Record date to determine which shareholders may attend, participate and vote at the general meeting: Friday, 16 November

* Last day for receipt of forms of proxy for the general meeting (by no later than 09h00 on): Tuesday, 20 November

* General meeting to be held at 09h00 on Thursday, 22 November

* Results of the general meeting released on SENS on Thursday, 22 November.
26-Sep-2012
(C)
Profit from operations for the interim period ended 30 June 2012 soared to R8.9 million (2011: loss of R31.5 million). Total comprehensive profit for the period was recorded at R4 million (2011: loss of R393.3million). Furthermore, headline earnings per share increased to 0.25cps (2011: loss of 36.61cps).



Dividend

No dividend was declared.



Outlook

Wesizwe recognises that progress on the project, within budget and schedule, would be one pivotal aspect towards gaining the market?s trust. The focus is on instilling confidence and improving its communication and engagement with shareholders. To this end, a new investor relations strategy and broader stakeholder engagement strategy has been finalised. It is aimed at raising the profile of the company, building greater awareness around its core Bakubung Platinum Mine project, and providing its management with effective strategic relationships and reputational management building platforms.

19-Sep-2012
(Official Notice)
The board of directors therefore wishes to advise shareholders that the company expects to report a basic earnings per share attributable to ordinary shareholders for the six months ended 30 June 2012 of between a loss of 3.45 cents and a profit of 3.95 cents per share compared to a basic loss per share of 36.97 cents for the previous comparable period.



The change from a basic loss per share in June 2011 to basic earnings per share in June 2012 is as a result of interest income recognised in the Statement of Comprehensive Income for the period under review as well as a once-off share based payment expense of R408.0 million that was recognised in the Statement of Comprehensive Income according to IFRS 2 in June 2011. The share- based payment expense arose as a result of the subscription for 829 884 460 new shares by Jinchuan, Cadfund and Micawber in Wesizwe on 4 May 2011 at an effective subscription price of R1.81 per share, compared to a market price of R2.30 per share on the date of closure.



Headline earnings per share attributable to ordinary shareholders for the six months ended 30 June 2012 is expected to be between a loss of 3.41 cents and a profit of 3.91 cents per share compared to a headline loss per share of 36.61 cents for the previous comparable period. The financial information included in this trading statement has not been reviewed and reported on by the company's external auditors. The interim results for the six months ended 30 June 2012 will be released on SENS on or about 27 September 2012.
05-Sep-2012
(Official Notice)
Shareholders are referred to the announcement released by the company on 13 August 2012, informing shareholders that the timetable relating to the Share Capital Conversion and the MOI Adoption as set out in Appendix 2 of the company's Annual Integrated Report 2011, was no longer applicable as a result of a delay by the Companies and Intellectual Property Commission (CIPC) of the registration of the special resolutions relating thereto.



Following the above, shareholders are hereby advised that the company has received confirmation from the CIPC that the said special resolutions were registered on Monday, 3 September 2012. Accordingly, shareholders are hereby advised that the company's shares will commence trading as shares of no par value on or about 6 September 2012.
28-Aug-2012
(Official Notice)
Shareholders were informed that Professor Wiseman Nkuhlu has resigned from his positions as independent non-executive director and Chairman of the Audit - Risk Committee of the Company with effect from 27 August 2012, to pursue other business interests.
13-Aug-2012
(Official Notice)
Shareholders were referred to the announcement released by the company on 19 July 2012, relating to the results of the annual general meeting at which meeting the special resolutions ("the special resolutions') relating to the share capital conversion and the MOI Adoption were approved by shareholders. Following the above, shareholders are hereby advised that the company is still awaiting registration of the special resolutions by the Companies and Intellectual Property Commission ("CIPC"). As a result of this delay, the salient dates and times applicable to the share capital conversion and the MOI Adoption as set out in Appendix 2 of the company's Annual Integrated Report 2011, are no longer applicable. A further announcement setting out a revised timetable will be made in due course as soon as the registration of the Special Resolutions with CIPC has been established.
26-Jul-2012
(Official Notice)
Shareholders were advised of the resignation of Sirkien van Schalkwyk as company secretary with effect from 25 July 2012.



A further announcement will be made as soon as a new company secretary has been appointed.
20-Jul-2012
(Media Comment)
Business Day reported that Wesizwe will raise USD650 million to bring the company's Bakubung mine into production during the 2020s, but hard work is going on to lower the cost of the project and bring its output forward while it works on two new deals. Wesizwe CEO Jianke Gao said the company was working hard to restore the perception of value in the company.
19-Jul-2012
(Official Notice)
Shareholders were informed of the following changes to the board of directors of Wesizwe ("the board"):

*the resignation of Professor Robert Garnett as an independent non-executive director of the company with effect from 19 July 2012.

*the resignation of Mr Qiyin (James) Zhang as a non-executive director of the company with effect from 19 July 2012.



Results of the AGM

Shareholders are advised that at the annual general meeting all resolutions were passed with the requisite majority with the exception of:

*ordinary resolution number 1 relating to the re-election of Mr Mlibo Mgudlwa as non-executive director of the company;

*ordinary resolution numbers 5 and 15 which resolutions was withdrawn as a result of the resignation of Professor Garnett as per the above; and

*ordinary resolution number 11 which was withdrawn as a result of the resignation of Mr Zhang as per the above.



In light of the board evaluation completed earlier in 2012 and the subsequent recommendation that the board be reduced, the above vacancies will be reviewed by the board and should any new appointments be made, same will be duly communicated to shareholders.
11-Jun-2012
(Official Notice)
Shareholders were advised that the annual integrated report has been posted, which incorporates the notice of annual general meeting to be held at Glenhove Conference Centre, 52, Glenhove Road, Melrose Estate, Houghton, Johannesburg on Thursday, 19 July 2012 at 10h00. The date on which shareholders must be recorded as such in the share register to be eligible to vote at the annual general meeting is Friday, 13 July 2012 with the last day to trade being Friday, 6 July 2012.



Change statement

Shareholders are referred to the release on SENS of Wesizwe's reviewed, condensed consolidated financial results for the year ended 31 December 2011 on 2 April 2012 ("the provisional results") and are advised of the following changes to the provisional results:

*The "Share of profit/(loss)of associate" previously shown under "Finance" is now shown under "Operations" in the "Condensed consolidated statement of comprehensive income";

*The "Loan advanced" shown separately in the "Condensed consolidated statement of cash flows" has been included in "Cash flow from operating activities" and further disclosed as part of current assets; and

*The "Impairment of loan to Bakubung community" has been removed from the adjustments for the calculation of the headline loss. Consequently the headline loss and diluted headline loss per share for 2011 is now reflected as 25.90 cents per share compared to the previously reported 25.28 cents per share.
02-Apr-2012
(C)
A net attributable loss of R358.3 million (profit of R298.9 million) was made. In addition, the headline loss per share more than doubled to 25.28c (loss of 9.78cps).



Outlook

While Wesizwe remains focused on the development of the projects reported on, the board has initiated the formalisation of the company's vision and the finalisation of a longer term strategic plan that will be communicated after the board approval.
30-Mar-2012
(Official Notice)
Wesizwe advised shareholders that the company expects to report a basic loss per share attributable to ordinary shareholders for the year ended 31 December 2011 of between 22 cents and 30 cents per share, compared to a basic earnings per share of 40.87 cents per share for the previous comparable period. A headline loss per share attributable to ordinary shareholders for the year ended 31 December 2011 is expected to be between 24 cents and 26 cents per share, compared to a headline loss per share of 9.78 cents for the previous comparable period.



In the year ending December 2010, a gain on the purchase of reserves from the discontinued Western Bushveld Joint Venture (following the conclusion of Project Delta) amounting to R378 million was recognised whilst a share-based payment expense of R407 million is recognised in the Statement Of Comprehensive Income for the financial year ending 31 December 2011. The impact of these two once-off transactions resulted in the profit in 2010 and the exceptionally high loss in 2011.



The share-based payment expense arose in 2011 as a result of the subscription of 829 884 460 new shares by Jinchuan, CADFund and Micawber in Wesizwe on 4 May 2011 at an effective subscription price of R1.81 per share, compared to a market price of R2.30 per share on the date of closure. The shares were issued for a cash consideration of USD227 million. The company has started development of its Bakubung Platinum Mine in the Western Bushveld Complex and has a 26% shareholding in neighbouring Projects 1 and 3 of Maseve Investments 11 (Pty) Ltd. which is also in the process of developing a platinum group metals (PGM) mine. Consequently the company does not expect to be profitable until these two mining projects achieve saleable production.
29-Mar-2012
(Official Notice)
Wesizwe announced another significant step towards the development of its Bakubung Platinum Mine with the awarding of the shaft sinking contract to Aveng Grinaker-LTA Mining (Aveng Grinaker-LTA). In September 2011, six companies were invited to tender as part of the shaft sinking enquiry for the Bakubung Platinum Mine (formerly known as the Frischgewaagd Ledig project): three companies were from South Africa, two Chinese and a Canadian corporation. The R1.64 billion contract has been awarded to Aveng Grinaker-LTA following a thorough technical and commercial adjudication process.



Wesizwe has formalised stakeholder processes to ensure more effective engagement with the community and government. Just a few of these examples include recent meetings held with the MEC for Economic Development in the North West, Ms. Tebogo Modise, the Mayor of Moses Kotane Municipality, Ms Fetsang Mokati-Thebe and several Community Stakeholder Engagement Forum meetings.
15-Feb-2012
(Official Notice)
Shareholders are hereby advised that Wesizwe has appointed PSG Capital Pty Ltd as sponsor to the company with effect from 13 February 2012.

15-Nov-2011
(Official Notice)
Members of the management team of Wesizwe have embarked on a programme of investor presentations to various South African financial institutions. Interested parties may access the investor presentation at www.wesizwe.com.
17-Oct-2011
(Official Notice)
Wesizwe announced that Prof Wiseman Nkuhlu and Mr Robert (Bob) Garnett have been appointed as independent non-executive directors of the company with effect from 17 October 2011.
29-Sep-2011
(C)
Loss from operations for the interim period ended 30 June 2011 soared to R373.3 million (2010: profit of R331.5 million). Total comprehensive loss for the period widened to R393.3 million (2010: profit of R334.8 million). Furthermore, headline loss per share increased to 36.61cps (2010: 6.52cps).



Dividend

No dividend was declared.



Going forward

While Wesizwe remains focused on the development of its core project, the Frischgewaagd-Ledig complex, the group has recognised its progression from explorer to developer and in this regard, the board of directors has fully discussed and evaluated a new vision and mission for the company. A detailed strategic plan will be presented to the board of directors and once approved, communicated to all stakeholders.
20-Sep-2011
(Official Notice)
Mr Arthur Mashiatshidi has resigned as a non-executive director of the company with effect from 19 September 2011.
15-Sep-2011
(Official Notice)
Shareholders are hereby advised that the general meeting of Wesizwe shareholders was held today, 15 September 2011, at Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg. All resolutions were approved by the requisite majority of shareholders present in person and by proxy.
08-Sep-2011
(Official Notice)
The board of directors therefore wishes to advise shareholders that the company expects to report a basic loss per share attributable to ordinary shareholders for the six months ended 30 June 2011 of between 33cps and 39cps compared to a basic earnings per share of 50.47 cents for the previous comparable period. The change from basic earnings in June 2010 to a basic loss in June 2011 is as a result of a once-off share-based payment expense of R406.6 million recognised in the statement of comprehensive Income according to IFRS 2. The share-based payment expense arose as a result of the subscription of 829 884 460 new shares by Jinchuan, Cadfund and Micawber in Wesizwe on 4 May 2011 at an effective subscription price of R1.81 per share, compared to a market price of R2.30 per share on the date of closure. If the impact of share-based payment expense was to be excluded, the company would have achieved a basic earnings per share of between 1.00cps and 1.50cps. A headline loss per share attributable to ordinary shareholders for the year ended 30 June 2011 is expected to be between 33cps and 39cps compared to a headline loss per share of 6.52 cents for the previous comparable period. The results for the half year ended 30 June 2011 will be released on SENS on or about 27 September 2011.
22-Aug-2011
(Official Notice)
Shareholders are referred to the announcement on 5 May 2011 pertaining to the pending appointment of Mr Wenliang (Michael) Ma as the company's Financial Director. Mr Ma has successfully obtained his work permit and the board confirmed his appointment with immediate effect. Mr Ma replaces Mr Jacques de Wet who has agreed to remain with the company in an advisory capacity. The board further announces that Mr Mlibo Mgudlwa, the corporate affairs executive director, has decided to pursue other opportunities and has resigned as an executive director with effect from 15 August 2011. Mr Mgudlwa will remain a non-executive director on the Wesizwe board.
15-Aug-2011
(Official Notice)
Shareholders were advised that a circular, incorporating a notice of a general meeting to be held on Thursday, 15 September 2011 at 10h00 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg, was posted. The notice of meeting contain the proposed resolutions relating to the financial assistance to any related or inter related company and the approval of director's remuneration.
01-Aug-2011
(Official Notice)
Wesizwe confirmed that Mr Jianke Gao has assumed the role of chief executive officer, having secured the requisite work permit. Mr Arthur Mashiatshidi and Mr Qiyin Zhang have stepped down as joint acting chief executive officers. Mr Zhang will retain an executive director role and Mr Mashiatshidi will remain on the company's board as a non-executive director.
15-Jul-2011
(Media Comment)
Business Day reported that Wesizwe has embarked on an early-stage study with its neighbour, Canada's Platinum Group Metals ("PTM") about building a concentrator to serve both of their projects. Projects executive, Jacob Mothomogolo, said about 10-15% of the cost of building two separate plants could be saved by constructing one big plant. The operating cost could drop by USD3.00/ton and Mothomogolo added that "over a life of 30 years that will be a big saving."
07-Jun-2011
(Official Notice)
Wesizwe announced that the official launch date for its Frischgewaagd-Ledig mine development project has been agreed as 4 July 2011.
05-May-2011
(Official Notice)
Shareholders were advised that at the annual general meeting held on 5 May 2011, all resolutions were passed with the requisite majority except for passing of ordinary resolution 2.4 relating to the re-election of Mr Solomon as director of the company and the ordinary resolution five giving authority to place the unissued shares under the control of the directors. Due to the restructuring of the board as detailed in the announcement released on SENS, ordinary resolution 2.3 regarding the re-election of Mr Rainey as a director of the company and ordinary resolution 3.2 confirming the appointment of Mr de Wet as the chief financial officer, were withdrawn.
05-May-2011
(Official Notice)
Shareholders are referred to the circular dated 11 February 2011, detailing the total financing solution for the development of the company's core Frischgewaagd-Ledig Project ("the project") including, inter alia, the specific issue of shares for cash ("the proposed transaction") and the announcement released on 29 April 2011 confirming that all conditions precedent to the definitive transaction agreements giving effect to the Proposed Transaction signed between Jinchuan Group Ltd ("Jinchaun"), China-Africa Development Fund ("CADFund"), Micawber 809 (Pty) Ltd ("Micawber") and China-Africa Jinchuan Investment Ltd, have been fulfilled or waived. The transaction has been implemented in accordance with the terms and conditions of the transaction agreements and became effective on 4 May 2011.



In terms of the transaction agreements the board of directors of Wesizwe welcomed the appointment of the following members to the board of Wesizwe effective from 4 May 2011:

*Mr Qiyin Zhang

*Mr Jikang Li

*Mr Dexin Chen

*Mr Jianke Gao

*Mr Wenliang Ma

*Mr LiliangTeng

*Mr James Ngculu



Shareholders are further advised that Mr Peter Gaylard and Mr Jacques de Wet have resigned as directors of the company with immediate effect and that Mr Rob Rainey will not stand for re-election as a director of Wesizwe at the AGM of the company to be held on 5 May 2011 at 10:00.



Following a meeting of the newly re-constituted board that was held on 4 May 2011, shareholders are advised that Mr Arthur Mashiatshidi resigned as CEO and has been appointed as joint acting CEO. In addition, Mr Qiyin Zhang has been appointed as joint acting CEO and Mr Wenliang Ma has been appointed as acting FD. The board has designated Mr Jianke Gao for the position of CEO which position he will assume after he has obtained the necessary work permits.
29-Apr-2011
(Official Notice)
Shareholders are advised that all conditions precedent detailed in the circular to shareholders dated 11 February 2011 and approved by shareholders at the general meeting on 9 March 2011 have been met. Accordingly Wesizwe will issue the new shares on or about 4 May 2011 and application has been made to the JSE to list the 829 884 460 Wesizwe ordinary shares.
30-Mar-2011
(C)
A net attributable profit for the year of R298.9 million (loss of R38.9 million) was made. However, the headline loss and diluted headline loss per share grew to 9.78cps (loss of 6.58cps).



Notice of annual general meeting

Notice is hereby given that the annual general meeting of shareholders will be held at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg at 10h00 on Thursday, on 5 May 2011 to consider and, if deemed fit, to pass, with or without modification, the resolutions as stated in the financial statements.



Outlook

The resumption of the 2009 AGM should offer Wesizwe an opportunity to draw a line in the sand from the murky past. The group ought to leave behind all the negative aspects and move into a new era focusing on shareholder value creation. Wesizwe shareholders deserve better and should at least be relieved from the theatrics and dramatics which have been the primary cause for value erosion. With capital funding secured, the strategic thrust for the company is now clear. The focus will be on accelerating the mine construction at the core project of Wesizwe.



While the primary focus for Wesizwe is the development and construction of the Frischgewaagd-Ledig mine, the company is well placed to play a key role in the opportunities for consolidation around the bushveld complex. In addition, management is evaluating potential infrastructure synergies with the group's neighbours on the complex. The realisation of these synergies would significantly reduce investment expenditure which would in turn improve the NPV of the project.



The conclusion of Project Delta provided a simplified ownership structure which makes it viable and possible to implement and realise cost optimisation synergies that are beneficial to both the Frischgewaagd-Ledig mine and Maseve Investments 11 (Pty) Ltd (Maseve) (Projects 1 and 3). Wesizwe and Platinum Group Metals (RSA) (Pty) Ltd (PTM) have a cordial working relationship which is essential for unlocking and realising the contemplated synergies. As an ultimate 26% investor participant in Maseve, Wesizwe will have influence over the developments of Projects 1 and 3. Wesizwe's capital contribution is significantly covered for a period in excess of two years of development through PTM's exercising the option to subscribe for additional shares, thus diluting Wesizwe's shareholding from 45,25% to 26% in Maseve.
29-Mar-2011
(Official Notice)
With reference to the trading statement that was released on 22 March 2011, shareholders are advised that the headline loss per share attributable to ordinary shareholders for the twelve months ended 31 December 2010 is expected to be between 9 cents and 11 cents compared to a headline loss per share of 6.58 cents for the previous comparable period. The results for the year ended 31 December 2010 will be released on SENS on 30 March 2011.
22-Mar-2011
(Official Notice)
Shareholders were advised that the company expected to report basic earnings per share attributable to ordinary shareholders for the twelve months ended 31 December 2010 of between 39 cents and 42 cents per share compared to a basic loss per share of 6.65 cents for the previous comparable period. The comprehensive profit position arises from recognising the purchase of Rustenburg Platinum Mine's 37% interest in the Western Bushveld Joint Venture ("WBJV")according to IFRS 3 as well as the purchase consideration being fixed in shares (211 850 125 ordinary shares at approximately R5.48). At the time of closure of the transaction, the applicable share price was R2.20. This difference in share price resulted in a bargain purchase which had to be accounted for through the statement of comprehensive income. The headline loss per share attributable to ordinary shareholders for the twelve months ended 31 December 2010 excludes the gain on bargain purchased and is expected to be between 11 cents and 13 cents compared to a headline loss per share of 6.58 cents for the previous comparable period. The results for the year ended 31 December 2010 will be released on SENS before the end of March.
10-Mar-2011
(Official Notice)
Shareholders are advised that Mr Julian Williams was not re-elected as a non- executive director of the company at the annual general meeting held on 9 March 2011. Mr Williams will cease to be a director of Wesizwe with immediate effect. Shareholders are further advised that the appointments of Mr Arthur Mashiatshidi and Mr Mlibo Mgudlwa as directors of the company, were confirmed at the annual general meeting.

09-Mar-2011
(Official Notice)
11-Feb-2011
(Official Notice)
Further to the Annual General Meeting that was adjourned on 19 August 2010, shareholders are advised that the Annual General Meeting will be held on Wednesday, 9 March 2011 at 09:00 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg. Shareholders are further advised that a circular, dated 11 February 2011, containing details of the definitive transaction in respect of the total financing solution for the development of the Company's core Frischgewaagd-Ledig Project, was posted on 11 February 2011 ("the Circular").



The Circular includes a notice of a General Meeting of Shareholders, convened for Wednesday, 9 March 2011 at 10:00 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg for the purpose of considering, and if deemed fit, passing with or without modification, the resolutions pertaining to, inter alia, an increase in the authorized share capital of the company and a specific issue of shares for cash. The notice of the Annual General Meeting will be posted with the Circular.
03-Feb-2011
(Official Notice)
Wesizwe Platinum announced that following the exercising of an option by Platinum Group Metals (RSA) (Pty) Ltd ("PTM"), a deposit of approximately R408 million has been made into an escrow account on behalf of the company. In April 2010 Wesizwe received the necessary regulatory approvals required under Project Delta to assume 100% ownership of its core Frischgewaagd-Ledig Project while retaining a 45.25% interest in neighbouring Projects 1 and 3 of Maseve Investments 11 (Pty) Ltd. ("Maseve"). The terms of this transaction granted PTM the option, within a stipulated time period, to enhance its stake to 74% through an injection of capital into Maseve on behalf of Wesizwe, whose interest would thus be diluted to 26%. The escrow account is held by Maseve but will be used solely for funding Wesizwe's 26% contribution to project development, making the company's participation fully funded.

17 Dec 2010 08:19:31
(Official Notice)
05 Nov 2010 14:02:58
(Official Notice)
Further to the detailed cautionary announcement dated 24 May 2010 and the renewal of cautionary announcement dated 6 July 2010, 17 August 2010 and 29 September 2010, shareholders are advised that negotiations on the formal definitive transaction documents are still progressing and that a final terms announcement including the pro forma financial effects is expected to be published once these agreements have been concluded. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.

28 Sep 2010 15:01:38
(C)
Wesizwe's gross expenditure for the six months ended 30 June 2010 amounted to R46.7 million (R26.9 million). A net attributable profit of R334.8 million (loss of R14.9 million) was recorded. The headline loss per share widened to 6.52 cents per share (headline loss of 2.56 cents per share).



Renewal of cautionary

Further to the detailed cautionary announcement dated 24 May 2010 and the renewal of cautionary announcements dated 6 July 2010 and 17 August 2010, shareholders are advised that negotiations on the formal transaction documents are still progressing. Accordingly, shareholders are therefore advised to continue exercising caution when dealing in the company's securities, until a full announcement is made.



Outlook

Wesizwe's strategic intent is to build and operate a platinum group metals (PGMs) mine at the Frischgewaagd-Ledig Project, which has the potential of positioning the group as a significant mid-tier precious metals producer. In May 2010, the Group signed a term sheet with a Chinese consortium, consisting of the Jinchuan Group Ltd ("JNMC") and the China-Africa Development Fund ("CAD Fund"), whereby the Chinese consortium will provide Wesizwe with a total financing solution of USD877 million (R6.6 billion) by way of debt and equity for the development of its core asset. Wesizwe and its advisors are advanced in the discussions relating to the conclusion of this transaction, and it is expected that legal agreements will be finalised over the coming months.
23 Sep 2010 16:48:07
(Official Notice)
In line with JSE disclosure requirements, shareholders are advised that the company expects to report basic earnings per share attributable to ordinary shareholders for the six months ended 30 June 2010 of between 49 cents and 51 cents per share compared to a basic loss per share of 2.55 cents for the previous comparable period. The comprehensive profit position arises from recognising the purchase of Rustenburg Platinum Mine's 37% interest in the Western Bushveld Joint Venture ("WBJV")according to IFRS 3 as well as the purchase consideration being fixed in shares (211 850 125 ordinary shares at approximately R5.48). At the time of closure of the transaction, the applicable share price was R2.20. This difference in share price resulted in a bargain purchase which had to be accounted for through the statement of comprehensive income. The financial information included in this trading statement has not been reviewed and reported on by the company's external auditors. The results for the half year ended 30 June 2010 will be released on SENS before the end of September.

20 Sep 2010 14:46:44
(Official Notice)
Shareholders were advised that Mr Goleele Mosinyi resigned as a non-executive director of the company with effect from 17 September 2010 due to other business commitments and time constraints. Following the announcement on 2 September 2010 confirming the resignation of Routledge Modise Inc, practicing as Eversheds, as company secretary of the company, the board announced that Sirkien van Schalkwyk has been appointed as company secretary of the company with effect from 17 September 2010.
08 Sep 2010 15:52:55
(Official Notice)
Following the announcement on 27 August 2010 confirming the resignation of Mr Mike Rogers, Rustenburg Platinum Mines ("RPM"), has nominated Barrie van der Merwe to act as the representative of RPM on the board of directors of Wesizwe. The board welcomes the appointment of Mr B J van der Merwe, as non-executive director, to the board of Wesizwe with effect from 7 September 2010.

02 Sep 2010 16:42:41
(Official Notice)
Shareholders are advised that Routledge Modise Inc practising as Eversheds ("Eversheds"), has given notice that it will be closing its Corporate Governance department. This has resulted in Eversheds tendering its resignation as company secretary of the company with effect from 30 September 2010. The board of directors are scheduled to meet on 17 September 2010 and will advise shareholders of a new company secretary appointment thereafter.
27 Aug 2010 17:12:54
(Official Notice)
Shareholders are advised that Mr Mike Rogers has resigned as non-executive director of the company with effect from 25 August 2010. This was necessitated following a conflict of interests that Mr Rogers' has resulting from his appointment to a company with similar interests to Wesizwe. Mr Rogers was the nominated representative of Rustenburg Platinum Mines Limited ("RPM") that holds a 26.5% interest in the Company.RPM will notify Wesizwe of Mr Rogers' replacement in due course.
23 Aug 2010 10:02:11
(Official Notice)
Wesizwe announced that an interim funding facility ("the facility") of R91 million was signed with the Bank of China Johannesburg branch on 20 August 2010. The facility will be used for ongoing capital construction of the Frischgewaagd-Ledig project ("the project") whilst the company is concluding negotiations for the comprehensive funding of the project. The facility was agreed at very favourable terms and will be repaid once the full funding for the project has been secured.
20 Aug 2010 08:42:18
(Media Comment)
Business Day reported that Wesizwe Platinum's troubles continued after its annual general meeting was postponed by a court order to allow time to try to resolve disputes within its community group shareholder, which owns 18%. Although the postponement is temporary, it comes at a critical time for Wesizwe, which is changing its CEO and since Wesizwe is in the process of finalising a R6 billion investment from the Chinese consortium in order to build a mine capable of producing 350 000oz a year of platinum group metals. This dispute is a sequel to an attempt to oust outgoing CEO Mike Solomon last year following claims of mismanagement that were subsequently disproven.
19 Aug 2010 11:26:15
(Official Notice)
Shareholders are advised that the Wesizwe AGM scheduled for this morning at 10h00 was adjourned in terms of a court order from the South Gauteng High Court, Johannesburg. Shareholders will be advised of developments in due course.

17 Aug 2010 12:01:49
(Official Notice)
Further to the detailed cautionary announcement dated 24 May 2010 and the renewal of cautionary announcement dated 6 July 2010, shareholders are advised that negotiations on the formal definitive transaction documents are still progressing and that a final terms announcement including the pro forma financial effects is expected to be published once these agreements have been concluded. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.

04 Aug 2010 13:39:36
(Official Notice)
The board of directors of Wesizwe Platinum Ltd has notified its shareholders, with regret, that the company's Chief Executive Officer, Mike Solomon, has decided not to renew his contract for a further term. The board has also announced that with effect from 1 October 2010, the company's current Finance Director, Arthur Mashiatshidi, will be appointed Chief Executive Officer, while Wesizwe Platinum's Chief Financial Officer, Jacques de Wet, will assume the role of finance director.
04 Aug 2010 13:32:39
(Official Notice)
29 Jul 2010 16:00:58
(Official Notice)
Shareholders are advised that the company?s annual financial statements for the year ended 31 December 2009 were posted to shareholders on 16 April 2010 and contain no modifications to the audited results which were published on 31 March 2010. KPMG Inc audited the results and the annual financial statements of Wesizwe and their reports are available for inspection at the registered offices of the company.



Notice is hereby given that the annual general meeting of the company will be held at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg on Thursday, 19 August 2010, at 10h00, to transact business as stated in the notice of the annual general meeting. An Erratum to the notice of annual general meeting was posted to shareholders on Friday, 23 July 2010.

21 Jul 2010 08:59:59
(Official Notice)
Shareholders are hereby requested to take note of an error in the Notice of Annual General Meeting, dated 19 March 2010 ("the Notice of AGM"). The last paragraph below Ordinary Resolution Number 8, as reflected on the first page of the Notice of AGM, currently states:

"Ordinary resolution number 2 is required, under the JSE Listings Requirements, to be passed by achieving a 75% majority of the votes cast in favour of such resolution by all members present or represented by proxy and entitled to vote at the annual general meeting."



Due to a typographical error, this statement is incorrect and should read:

"Ordinary resolution number 8 is required, under the JSE Listings Requirements, to be passed by achieving a 75% majority of the votes cast in favour of such resolution by all members present or represented by proxy and entitled to vote at the annual general meeting."



Explanatory note:

Resolutions 1 to 7, and 9 are ordinary resolutions and therefore only require a 50% majority of votes cast in favour of such resolution, as per the Companies Act, 1973. In terms of the JSE Listing Requirements, ordinary resolution number 8 requires a 75% majority of votes cast in favour of such resolution.
06 Jul 2010 08:27:21
(Official Notice)
Further to the detailed cautionary announcement dated 24 May 2010, shareholders were advised that negotiations on the formal definitive transaction documents are progressing and a final terms announcement including the pro forma financial effects is expected to be published once these agreements have been concluded. Accordingly, shareholders were advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
24 May 2010 08:30:56
(Official Notice)
14 May 2010 09:41:19
(Official Notice)
Shareholders are advised that Advocate K D Moroka has tendered her resignation as a director from the board of Wesizwe with effect from 14 May 2010, due to her other business commitments and a potential conflict of interests that may arise in future.
22 Apr 2010 17:29:52
(Official Notice)
Wesizwe announced that all of the conditions precedent to the proposed transactions have been fulfilled. The proposed transactions have accordingly been implemented in accordance with the terms and conditions of the definitive transaction agreements entered into between, inter alia, Wesizwe, RPM and PTM and became effective from 22 April 2010. In terms of the proposed transactions, Wesizwe gains full ownership of its core Frischgewaagd-Ledig project whilst retaining its 26% shareholding in the WBJV's projects 1 - 3. The board of directors of Wesizwe ("the board") welcomed the appointment of Michael Howard Rogers, a RPM nominee, as non-executive director to the board of Wesizwe effective from 22 April 2010, whose appointment was confirmed by Wesizwe shareholders at the meeting of shareholders on 22 June 2009.
22 Apr 2010 16:35:53
(Official Notice)
Shareholders were referred to Wesizwe's cautionary announcement dated 27 October 2009 and the renewal of cautionary announcements dated 8 December 2009, 22 January 2010 and 8 March 2010, and were advised that negotiations were still in progress, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders were advised to exercise caution when dealing in the company's securities until a full announcement is made.
08 Apr 2010 08:45:14
(Media Comment)
The Financial Mail reported that even though Wesizwe's shares are up 57% since late 2008, they lag the platinum sector as a whole which has doubled. The best way to correct this is for Wesizwe to show good progress towards constructing a fully functioning management team and a mine. However, chairwoman Dawn Mokhobo commented that a number of steps have been taken in the right direction since January 2010, including the appointment of a new board and allowing Deneys Reitz and Deloitte a review allegations against CEO Mike Solomon and former chairman Robert Rainey, which led to their brief dismissal. The two have since been reinstated as directors as the allegations proved unfounded.
01 Apr 2010 14:10:32
(Official Notice)
The KPMG Inc. audit report for Wesizwe's annual financial statements, for the period ending 31 December 2009, was delivered to the JSE and posted to the company's shareholders on 31 March 2009. The annual financial statements and audit report are available for review at the company's offices, 2nd floor, 3 Melrose Boulevard, Melrose Arch.
01 Apr 2010 09:24:06
(Media Comment)
Wesizwe Platinum said it had experienced a difficult 12 months to last December, due to the global economic crisis and to changes to the board and management in the second half. The company, which has reorganised and strengthened governance oversight and compliance, said it had emerged from last year's challenge "significantly" stronger. On conclusion of Project Delta, Anglo Platinum would become the largest single shareholder in the company, holding 26.7% of Wesizwe's ordinary share capital.
31 Mar 2010 08:41:14
(Official Notice)
Notice is hereby given that the annual general meeting will be held at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, on Thursday 19 August 2010 at 10h00, to transact the business as stated in the notice of AGM, forming part of the financial statements. Shareholders are advised that the financial statements will be distributed to shareholders on Wednesday 31 March 2010.
31 Mar 2010 08:31:02
(C)
Operating loss was recorded at R57.5 million (2008:R62.2 million). Loss attributable to ordinary shareholders amounted to R38.9 million (2008:Loss of R27.8 million). Headline loss per share was recorded at 6.58cps(2008:Headline loss at 4.67cps).



Dividends per share

No final dividends was declared for the period under review.



Prospects

Management remain committed to the objective of delivering value to shareholders. Despite extraneous challenges introduced by the economic downturn, the overriding strategic options for the company have not changed. The four strategic options available to the company remain:

*Deferring the project until the economic situation improves.

*Running an asset disposal process to unlock immediate value for shareholders.

*Building the mine as a standalone Wesizwe project.

*Taking on a strategic balance sheet partner to build the mine as a Wesizwe project.

Deferring the project any longer would impair the project value as a result of rising capital expenditure costs leading to shareholder frustration. Management is therefore of the opinion that the most optimal option would vests in a strategic local or foreign partnership. Specific opportunities underpinning this option are being evaluated and the results will be presented to the Board, prior to asking shareholders to consider the chosen strategic option.
19 Mar 2010 14:33:59
(Official Notice)
A review of the financial results for the period ended 31 December 2009 has indicated that a basic and headline loss per share is expected to be between 30% and 40% less than the reported basic and headline loss per share for the same period last year. The decrease in the basic and headline loss per share is mainly attributable to the continued expenditure in progressing the core project of the company.
08 Mar 2010 11:08:50
(Official Notice)
Shareholders were referred to Wesizwe's cautionary announcement dated 27 October 2009 and the renewal of cautionary announcements dated 8 December 2009 and 22 January 2010, and were advised that negotiations were still in progress, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders were advised to exercise caution when dealing in the company's securities until a full announcement was made.
02 Mar 2010 13:33:02
(Official Notice)
The shareholders of the company are advised that:

*Mr A Mashiatshidi has been appointed as the Financial Director of the company, effective from 1 March 2010

*Mr J De Wet has been appointed as Chief Financial Officer effective from 15 March 2010

*Mr E M Monnakgotla ceases to be a director of the company with immediate effect.
18 Feb 2010 10:51:05
(Official Notice)
The chairman of Wesizwe, Ms Dawn Mokhobo, on behalf of the board of directors, has posted a letter to shareholders' that provides an update on certain actions being initiated within the company.
22 Jan 2010 10:07:36
(Official Notice)
Shareholders are referred to Wesizwe's previous cautionary announcement dated 27 October 2009 and the renewal of cautionary announcement dated 8 December 2009, and are advised that negotiations are still in progress, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
12 Jan 2010 16:49:29
(Official Notice)
Shareholders are advised that at a directors' meeting held on Monday, 11 January 2010, the directors elected Ms. Dawn Mokhobo as the board's chairman with immediate effect. It was also confirmed that Mr. Michael Solomon will continue in his role as Chief Executive Officer.
24 Dec 2009 09:20:58
(Media Comment)
Business Report noted that Julian Williams, founder of Wesizwe, called for a second probe to investigate allegations against fired chief executive Mike Solomon and acting chairman Rob Rainey due to misappropriation of funds and poor corporate governance. The first investigation into allegations, conducted in early 2010 by Deloitte - Fouche, confirmed some weaknesses in corporate governance by the board, but found no wrongdoing by the directors. Rainey, Solomon and four other directors were fired in August, but shareholders voted to reinstate all six. Williams said that he would propose a complete independent review of all the allegations as well as calling individual directors to persuade them to convene earlier than the scheduled board meeting on 20 January 2010 to discuss internal controls, authorisation levels and naming of a new financial director after Nyasha Tengawarima was ousted by shareholders. Solomon commented that he welcomed an independent inquiry.
17 Dec 2009 16:28:33
(Official Notice)
At the general meeting of members on Thursday, 17 December 2009 at 11am, at which 80.86% of the votable shares were represented, the requisite majority of shareholders approved all of the ordinary resolutions. Accordingly, the following directors have been elected as directors of the company; Messrs RG Rainey, MH Solomon, WM Eksteen, Dr PG Gaylard, Ms DNM Mokhobo and Adv KD Moroka. The following directors have been removed as directors from the board; Dr I Abedian, Messrs N Tengawarima and DJ Phologane.
08 Dec 2009 10:07:25
(Official Notice)
Shareholders are referred to Wesizwe's previous cautionary announcement dated 27 October 2009 and are advised that negotiations are still in progress, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
02 Dec 2009 14:49:11
(Official Notice)
Shareholders are advised that due to logistical arrangements the scheduled time for the general meeting of members to be held on Thursday, 17 December 2009, as set out in the notice of general meeting of members posted to shareholders on 25 November 2009, has been changed to 11h00 on Thursday, 17 December 2009. The date and venue remains unchanged.
30 Nov 2009 08:51:40
(Media Comment)
The Sunday Times Business Times reported on allegations and counter allegations over corporate governance and an attempted coup at Wesizwe. These issues will be addressed at an extraordinary board meeting to be held on Thursday, 17 December 2009. According to internal correspondence, shareholders will be asking for a new board, including re-instatement of some directors.



While corporate governance issues have dominated recent discussions on the company, the saga continued with further allegations, that a company acting for Bakubung Ba Ratheo community, a significant shareholder of Wesizwe, was attempting to buy out Wesizwe. Different factions have been highlighted at board and shareholder level within Wesizwe, and factions have also been identified within the Bakubung Ba Ratheo community, with one faction alleging that Antoine Johnson of Musa Capital, an advisor to the community, was planning a coup by using a company created by him to house community shares in Wesizwe to gain control of the company. These events add further doubt to the already uncertain future of Wesizwe.
25 Nov 2009 17:40:37
(Official Notice)
The company hereby gives notice that a general meeting of members will be held at the Sandton Convention Centre, Maude Street, Sandton at 09:00 on Thursday, 17 December 2009. A circular, with further details, including the notice of general meeting of members, has been posted to shareholders on 25 November 2009.
24 Nov 2009 12:21:03
(Official Notice)
Wesizwe shareholders are advised that the company has received a notice for the requisition of a general meeting of shareholders to vote on the removal of certain executive and non-executive directors and the appointment of certain new directors of the company. An announcement regarding the date of the meeting will be published on or about the 25 November 2009 and a circular, with details including the notice of general meeting of shareholders, will be posted at that time.
16 Nov 2009 14:04:18
(Official Notice)
Dr M H Mathe has been appointed as non-executive director to the board of Wesizwe with immediate effect.
12 Nov 2009 15:17:10
(Official Notice)
Subsequent to their removal as directors of Wesizwe Platinum Ltd (the company) on 2 November 2009, and the company's announcement to shareholders of their removal on 3 November 2009, Michael Solomon and Robert Rainey brought an urgent application against the company and its directors in the South Gauteng high court, Johannesburg, requesting the court to interdict and restrain them from giving effect to the removal. The company opposed the application as its removal of Solomon and Rainey was in the best interests of the company and its shareholders, and was both procedurally and substantively lawful. The merits of the urgent application were to be heard this morning. However, Solomon and Rainey have now agreed to withdraw their application against the company. Accordingly, their removal as directors of the company remains in place.
10 Nov 2009 10:27:46
(Official Notice)
Messrs. Clive Graham Knobbs, Goleele Mosinyi and Mlibo Gladly Mgudlwa have been appointed as non-executive directors to the board of Wesizwe Platinum Ltd with immediate effect.
04 Nov 2009 09:48:44
(Media Comment)
Business Report noted that Wesizwe shares rose as much as 5% on Tuesday, 3 November 2009 on rumours that Impala Platinum Holdings Ltd ("Implats") could try and takeover the company. The shares ended up 2.11% at R1.94. Neither Implats and Wesizwe would provide confirmation. Wesizwe is reviewing its strategic direction and funding.
03 Nov 2009 17:07:50
(Official Notice)
Shareholders are advised in terms of section 3.59 of the JSE listings requirements that the board of directors has given written notice, in terms of the company's articles of association, asking Messrs. MH Solomon and RG Rainey to step down as directors of the company, with immediate effect.



Accordingly, Mr N Tengawarima, current financial director of the company, will assume the position of acting CEO until the board has identified a suitable replacement. Further announcements regarding the reconstitution of the board will be made in due course. Shareholders are advised that the company has received notification that Messrs. Solomon and Rainey intend bringing an application to challenge their removal as directors. The cautionary announcement released on 27 October 2009 remains in place.
27 Oct 2009 13:14:50
(Official Notice)
Shareholders are advised that the company is reviewing three possible opportunities with regard to its strategic direction and funding. Should any of these opportunities be successfully concluded, it may have a material effect on the price of the company's securities.



Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
30 Sep 2009 11:16:12
(C)
08 Sep 2009 16:34:20
(Official Notice)
Shareholders are advised that since the Acting Chairman, Mr. RG Rainey, is currently located in the United Kingdom, the board has agreed for practical reasons to elect Dr. Iraj Abedian as the Chairman of the company, with immediate effect. Mr. Rainey will remain on the board as an independent non-executive director.
12 Aug 2009 17:40:41
(Official Notice)
Wesizwe shareholders are advised that the annual general meeting of members was held on Wednesday, 12 August 2009. Resolutions regarding the approval of annual financial statements, re- appointment of the auditors were passed, as were the resolutions regarding the authority of directors to control the issued shares. With respect to the election of directors, Mrs Mokhobo, Messrs. Gaylard, Mgudlwa and Eksteen will be leaving the board and Dr I Abedian was elected to the board. New Board announcements will be made shortly.
05 Aug 2009 11:46:58
(Official Notice)
A review of the financial results for the period ended 30 June 2009 by Wesizwe Platinum Ltd's management has indicated that they expect a basic and headline loss per share to be between 22% and 36% less than the reported basic and headline loss per share for the same period last year. The decrease in the basic and headline loss per share is mainly attributable to the decrease in administrative expenses amounting to approximately R7- million. The interim results for the period ended 30 June 2009 are expected to be published in September 2009.
30 Jun 2009 13:07:35
(Official Notice)
Shareholders are advised that Mr Nyasha Tengawarima, a Chartered Accountant (CA(SA)), who has been Chief Financial Officer of Wesizwe since 1 March 2007 continues in this role on becoming Financial Director of the company with immediate effect
26 Jun 2009 15:01:14
(Official Notice)
Wesizwe shareholders are advised that all the resolutions detailed in the notice of general meeting included in the circular posted to shareholders on 4 June 2009, were approved by the requisite majority of the company's shareholders present or represented at the general meeting of shareholders held on 26 June 2009. The special resolution authorizing the increase in the share capital will be submitted for registration at the Companies and Intellectual Property Registration Office as soon as possible.
04 Jun 2009 13:32:34
(Official Notice)
Shareholders of Wesizwe are referred to the announcement dated 9 December 2008 regarding the signature of definitive transaction agreements and publication of the pro forma financial effects of Wesizwe's proposed acquisition of the 37% effective participation interest held by Anglo Platinum Ltd wholly owned subsidiary Rustenburg Platinum Mines Ltd in the Western Bushveld Joint Venture and the concurrent transaction with Platinum Group Metals Ltd.



The circular incorporating the detailed terms of the proposed transactions and notice convening a general meeting of Wesizwe shareholders to be held on Friday, 26 June 2009 at 10:00 at The Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg, was posted to shareholders today, Thursday 4 June 2009.

Shareholders are further advised that the pro forma financial effects published in the announcement of 9 December 2008 have been revised and the updated pro forma financial effects are presented below.



An electronic copy of the circular is available from the company's website at www.wesizwe.co.za and printed copies are available, on request, from The company secretary, Wesizwe Platinum Unit 13, Second Floor, 3 Melrose Boulevard, Melrose Arch, 2076, Johannesburg, Tel (011) 994-4600.
26 May 2009 09:30:23
(Official Notice)
Wesizwe Platinum Ltd has successfully negotiated and signed a formal agreement for a R550 million standby equity facility with US based investment fund YA Global Investments, L.P.The facility, which is the first such facility to be negotiated by a South African company, will be in place for 36 months and provide Wesizwe with the flexibility to access significant liquidity, through the issue of new company shares, at its sole discretion.
14 Apr 2009 16:30:51
(Official Notice)
Shareholders are advised that the company's 2008 annual report and notice of annual general meeting was posted to shareholders on Tuesday, 14 April 2009 and contain no modifications to the audited results published on SENS on 31 March 2009. Notice was given that the annual general meeting of the company will be held at 10h00 on Wednesday, 12 August 2009, at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg, to transact business as stated in the notice of the annual general meeting.
01 Apr 2009 13:42:13
(Official Notice)
Shareholders are referred to the announcement released by the company on 31 March 2009. KPMG Inc's unmodified audit report on the 31 December 2008 annual report as published on the company's website is available for inspection at the company's registered office.
31 Mar 2009 11:53:49
(C)
Operating profit decreased to -R108 721 million (2007:-R62 157 million). Profit attributable to ordinary shareholders decreased to -R27 839 million (-R90 807 million). Headline earnings on a per share basis decreased to -4.67cps -19.17cps).



Dividends per share

No final dividends was declared for the period under review.



Prospects

Market volatility during the course of 2008 prompted an internal review of the March 2008 bankable feasibility study. The first review confirms the viability and strength of the Core Project at the peak cost levels prevailing up to September 2008 and the second, to be completed at the end of April 2009, is in progress and will assess the implications of post-September 2008 declines in key capex and opex inputs.

*The results of this review are expected to be released in early May 2009 and will inform strategic decision and next steps.

*The process of the various statutory permissions to commence mining activities was progressed during the year and will be concluded shortly.



Until September 2008, the company's core project was on track, as were its capital raising efforts. However, these have been impacted significantly by the advent of the global economic crisis.

Company has sufficient resources to ensure a three year going concern.
12 Feb 2009 09:13:14
(Media Comment)
Wesizwe Platinum has been slowing the development of it's R5.6 billion Pilanesberg platinum project because of the sharp decline in platinum group metal prices, chief executive Micheal Solomon said. The funds would come from Wesizwe's cash resources. The Pilansberg project could still reach full production by 2016, Solomon said. The bankable feasibility study found that the project needed a platinum price of at least USD1 125 (R10 940) an ounce. According to the Chief Executive of the company the platinum price of USD1 300 to USD1 400 an ounce would make the Pilansberg project definitely valuable.
09 Dec 2008 15:46:09
(Official Notice)
Shareholders of Wesizwe are referred to the detailed terms and cautionary announcement dated 2 September 2008 and further cautionary announcements dated 15 October 2008 and 25 November 2008 respectively ("the announcements") regarding Wesizwe's proposed acquisition of the 37% effective participation interest held by Anglo Platinum Ltd's wholly owned subsidiary Rustenburg Platinum Mines Ltd in the Western Bushveld Joint Venture and the concurrent transaction with Platinum Group Metals Ltd. In terms of the proposed transactions Wesizwe gains full ownership of its core Frischgewaagd-Ledig Project whilst retaining its 26% shareholding in the WBJV's Projects 1 - 3. The definitive transaction agreements giving effect to the proposed transactions have been signed by the respective parties. Wesizwe shareholders are advised that a circular to shareholders will be sent in due course.



Withdrawal of cautionary

As the financial effects of the proposed transactions have now been published Wesizwe shareholders are no longer required to exercise caution when dealing in their Wesizwe securities.
03 Dec 2008 09:23:10
(Official Notice)
In line with the recent announcements by Wesizwe Platinum to proceed with its capital development project, the company has commenced with a process of restructuring in order to progressively develop its institutional capacity as the project proceeds and to ensure that it has the correct skills mix with which to meet the demands of the current economic climate. In this regard certain changes to the board of directors have been made, and it is hereby announced that:

* Mrs Lorna Maloney has tendered her resignation as a director from the board of Wesizwe Platinum Ltd with effect from 30 November 2008; and

* Dr Iraj Abedian, Ms Dawn Mokhobo, Prof Peter Gaylard and Mr Mlibo Mgudlwa have been appointed as non-executive directors to the board of Wesizwe Platinum Ltd with immediate effect.
25 Nov 2008 16:41:01
(Official Notice)
Shareholders are referred to Wesizwe's previous cautionary announcements dated 2 September 2008 and 15 October 2008 and are advised that the negotiations referred to therein are still in progress, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
21 Nov 2008 09:33:45
(Media Comment)
Business Day reported that Wesizwe has been courting financiers in the Middle East and China for funds. The company needs USD600 million and would like to start work on its Frisch-Ledig project before the end of 2008. Currently, Wesizwe has USD34 million in cash on hand.
05 Nov 2008 12:45:02
(Official Notice)
Further to the Frischgewaagd-Ledig Project ("the Project") strategic update issued on 28 October 2008, Wesizwe is pleased to announce that the company's board of directors has duly considered the strategic options presented by management and has made a decision on the future development of the Project. The board decisions are that:

*Deferral of the project will be detrimental to shareholder value and the project should proceed according to plan, subject to the implementation of certain amendments to the project structure and financing.

*With due consideration to the current global economic situation, the project financing options will be reviewed as the board believes an equity financing component would be excessively dilutive to current shareholders if raised in a single offering as originally planned.

*The original project capital of R5.6 billion was determined by the Bankable Feasibility Study released in March 2008. It is important to appreciate that this amount is to be expended over a period of 10 years and that it is not necessary to raise the entire amount at this point in time.

*Consequently, the project is being divided into a series of discrete phases and the capital required for each phase will be raised incrementally.

*In line with the overall approach of risk management, Wesizwe will not commit to the full EPCM (Engineering, Procurement and Contract Management) contract amount but has negotiated with both the EPCM contractor, TWP and the shaft sinking contractor, Murray and Roberts Cementation, to repackage the current arrangements. The contractors have therefore agreed that the Project would be further broken down into smaller work components than initially envisaged in the original contract. The smaller components will be more manageable from a financing perspective and will considerably lower the commercial risk to the company.

*The directive is to focus on the critical path items of shaft sinking and development, winders and critical infrastructure directly associated with accessing the ore body ahead of the auxiliary items. The flexibility inherent in this staged approach will ultimately allow the Project to proceed with minimal delay and adherence as far as is possible to the original project plan.
28 Oct 2008 14:59:38
(Official Notice)
In line with Wesizwe's stated strategic intention of developing its core 350,000 ounce per annum platinum group metals ("PGM") Frischgewaagd-Ledig Project ("the project"), the company would like to provide the following shareholder update. Given the unprecedented global economic volatility affecting the capital markets - having now filtered into the metals markets - Wesizwe management has revisited the project and certain options pertaining to the project plan are being considered. There are a number of fundamental considerations defining Wesizwe's approach forward:

*Current low commodity prices have had a substantial impact on the company's share price and therefore its market capitalisation. These factors in turn influence the dilutive impact for existing shareholders of new equity capital issues;

*Commodity and economic cycles are a reality and expectations that the markets will recover over the next five years are realistic;

*The company's strategic focus takes the above market conditions into account in order to maximise value for shareholders.

The context of sector response to this situation is all important to this strategy.



The strategic imperative adopted by Wesizwe management will be to technically and financially de-risk the project in response to current market conditions on the one hand and the longer term viability of the project on the other. There are a number of options available to Wesizwe that are being considered by Wesizwe's management. These will be presented to the board on 4 November 2008, after which a detailed announcement will be made on the path forward. It is an important to note that the company has R340 million cash on hand and this provides for the optionality in defining a prudent way forward.
15 Oct 2008 08:16:58
(Official Notice)
Shareholders are referred to Wesizwe's detailed announcement and cautionary announcement dated 2 September 2008 and are advised that as the terms of the APL definitive agreements and the PTM definitive agreements which govern the proposed transactions, as detailed in the announcement dated 2 September 2008, are still being finalised, shareholders are advised to continue to exercise caution when dealing in the company's securities until the agreements have been signed.
10 Sep 2008 10:59:35
(Official Notice)
Shareholders are advised that further to the announcement released by the company on 5 September 2008 on SENS and published in the press on 6 September 2008, the basic loss per share is 4c and the diluted loss per share is 4c for the six months ended 30 June 2008.
05 Sep 2008 17:32:18
(C)
As an exploration Group, Wesizwe will not earn revenue from mining activities until such time as a mine is brought into production. The net loss for the six months under review was R20,3 million (compared to a loss of R61,7 million for the same period in 2007). The net loss for the period comprises administration expenses of R26,5 million, share-based payment of R6,2 million and depreciation of R0,5 million and is offset by net finance income of R12,9 million. Administration expenses comprise salaries, marketing expenses, community sustainable projects expenditure and other overheads. The basic loss per share for the period was 0,04 cent per share (June 2007: 14,25 cents per share). The headline loss per share was 0,04 cent per share (June 2007: 14,25 cents per share). The calculation of the basic loss per share and headline loss per share is based on the weighted average number of shares of 555 239 369 (June 2007: 432 839 111).



Dividend

No dividend was declared during the period ended 30 June 2008.



Prospects

The year going forward looks positive. The group has the financial resources and the technical capacity to proceed with capital construction, The board has every confidence in succeeding with the capital raising programme and will undoubtedly weather the current market downturn and come through the other end a stronger company.
02 Sep 2008 12:51:21
(Official Notice)
13 Aug 2008 08:21:13
(Media Comment)
Wesizwe CE Michael Solomon said in Business Report that the company's gearing - the ratio of debt to capital - was set to jump as high as 50% as the company funded its R5.6 billion mine in North West. The company was looking to reschedule how it planned to raise the money as a result of declines in both the equity market and the company's share price. The 52% fall in Wesizwe's market value since its May 2007 record of R6.6 billion has made it difficult to raise money by issuing new shares.
12 Aug 2008 13:39:53
(Official Notice)
Wesizwe shareholders are advised that at the Annual General Meeting of members held on Tuesday, 12 August 2008, all resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.
08 Jul 2008 16:18:33
(Official Notice)
In line with Wesizwe's stated strategy of logical consolidation of platinum projects near and adjacent to its core Pilanesberg Project, in September 2007, the company acquired the entire issued share capital of Africa Wide Mineral Prospecting and Exploration (Pty) Ltd. This transaction gave Wesizwe a 26% interest in the Western Bushveld Joint Venture ("WBJV") with partners Anglo Platinum Ltd and Platinum Group Metals Ltd ("PTM"). Results of the BFS for the WBJV's core project (Project 1) were released on 7 July 2007 by PTM, the managing partner. Highlights (using base case assumptions of three years trailing average metal prices) :

*Post tax Net Present Value ("NPV") at a real discount rate of 5% of R4.625 billion or R1.202 billion attributable to Wesizwe

*Post tax Internal Rate of Return of 16.12 %

*Anticipated total underground mine life of 22 years

*Mine design includes the construction of mine and concentrator to produce 235 000 to 271 000 ounces of combined platinum, palladium, rhodium and gold ("4E") in concentrate per year

*Total capital cost for the mine and concentrator complex of R4.055 billion including R506 million for self generation of power to the end of 2012

*BFS now under review with joint venture partners. A Final decision to proceed will be taken in October 2008
07 Jul 2008 16:29:31
(Official Notice)
At the annual general meeting of the company held on 16 August 2007, the requisite majority of Wesizwe shareholders approved an ordinary resolution authorising the directors to issue shares for cash in accordance with paragraph 5.52 of the JSE Ltd ("JSE") Listings Requirements ("general authority"). In accordance with the general authority the company has successfully placed 30 000 000 ordinary shares ("the placed shares"), equating to 5.40% of the company's issued share capital, raising R202 500 000.00. The placed shares will be listed on the JSE with effect from the commencement of business on the 8th July 2008 and rank pari passu with the existing ordinary shares of the company. In terms of the private placing, Wesizwe placed 30 000 000 ordinary shares at an issue price of R6.75 per ordinary share, being a 9.63% discount to the 30 day volume weighted average price of R7.47 per ordinary share as at 25 June 2008. The shares were placed with institutional shareholders, who qualify as "public" shareholders within the meaning of paragraphs 4.25 and 4.26 of the JSE Listings Requirements.



Application of proceeds

Wesizwe announced on 31 March 2008 that on the back of the positive results of the bankable feasibility study concluded on its core Frischgewaagd-Ledig project that capital construction would commence in the third quarter of 2008. The proceeds will be used to fund the early works programme and the initial project construction phase. This includes surface rights acquisition costs, bulk earth works, site civil preparations, engineering and capital items.
30 Jun 2008 15:19:22
(Official Notice)
Wesizwe published its reviewed condensed provisional results for the year ended 31 December 2007 on SENS on 31 March 2008 and in the press on 1 April 2008. The annual financial statements have been audited by KPMG Inc, and the annual report is to be mailed to shareholders on or before 1 July 2008. No changes have been made to the reviewed condensed provisional results as published on 1 April 2008.



The annual general meeting will be held on Tuesday, 12 August 2008 at 9:00 at the Glenhove Conference Centre, 52 Glenhove Road, Melrose Estate, Houghton, Johannesburg. The notice of the forthcoming annual general meeting will be sent to shareholders on or about Tuesday, 8 July 2008.
17 Jun 2008 12:49:30
(Official Notice)
Wesizwe has concluded an extensive study into the contingencies available to it to deal with the currently strained Eskom reserve power margin situation. The study examined six different co-generation options to supplement any potential shortfall in Eskom power supply.
31 Mar 2008 08:35:08
(Official Notice)
Highlights of the bankable feasibility study and capital construction go-ahead includes:

* Construction given the go-ahead on the back of positive Bankable Feasibility Study (BFS) confirming commercial viability of the Frischgewaagd-Ledig Complex

* Results show a base case with a Net Present Value of R9.5 billion at a real discount rate of 5% and an Internal Rate of Return at 18 % with an anticipated Life of Mine of 35 years

* Capital cost estimates of R5.6 billion

* 58 month construction programme commencing in the third quarter of 2008

* Construction funding will be arranged by a consortium of South African banks and will consist of a mix of equity and debt finance

* Electrical self-generation contingency of R168 million taken into account to allow for possible electricity supply delay by Eskom

* The total run of mine (ROM) production would be 2.76 million tons of ore per annum, producing an average of 350 000 PGE(4) ounces at steady state yielding a total of 10 million ounces

* Production profile starts with a combination of tonnage output from the two reefs, building up to 180 000 tpm from Merensky and 50 000 tpm from UG2. Once the Merensky is depleted, the output profile shifts to 230 000 tpm from UG2

* Primary access through a twin vertical shaft system comprising of a 8.5 m diameter downcast main, men and materials shaft (980 m depth) and an upcast ventilation shaft/second outlet of 7.5 m diameter (910 m depth)

* Best mining practices confirm a hybrid mining method comprising conventional drilling, blasting and cleaning with trackless transport of ore

* Plant design includes primary one-stage crushing into a SAG mill with Mill- Float-Mill-Float (MF2) circuit
31 Mar 2008 07:58:34
(C)
Capital expenditure for the year included: Intangible exploration and evaluation expenses capitalised of R102.1 million (2006: R38.5 million); long-lead items of plant and equipment (i.e. winders) R28.8 million (2006: Nil); tangible exploration and evaluation assets (engineering and drawings) R43.5 million (2006: Nil); and other property, plant and equipment items R6.9 million (2006: R0.6 million). The group made a net loss for the year of R90.8 million (compared to a loss of R19.5 million for 2006) comprising administration expenses of R108.7 million, which includes depreciation of R0.4 million, share based payment expenses of R62.2 million, bonus for past services rendered of R18.0 million and other administrative overheads of R28.1 million, offset by net finance income of R17.9 million.



Dividends

No dividend was declared for the period under review.



Prospects

Wesizwe`s core project has developed according to plans and is now a full year ahead of schedule. The original project?s ounce targets have been doubled, as the company continued to deliver significant value for its investors. With the BFS completed and capital construction scheduled to commence later this year, Wesizwe can now use the underlying value created to further advance the project through its stated strategy of mergers and acquisitions. The board has confidence that the company will continue to create value for all investors as we gear up towards becoming a fully fledged PGM player on the western limb of the Bushveld Complex.
25 Mar 2008 16:45:04
(Official Notice)
In reviewing this trading statement shareholders are advised to take particular cognisance of the fact that, as an exploration company, Wesizwe does not conduct a cash generative business. Cash outflows are predominantly associated with exploration expenditure and hence constitute an investment in the creation of value the company`s underlying assets. The increase in the loss seen here therefore signifies an increase in exploration expenditure and corporate activity invested in creating this additional value. This value is qualified and supported by the pre-feasibility study released in March 2007 and the Bankable feasibility study that will be released on 31 March 2008. It is therefore important to appreciate that Wesizwe's trading statement is in line with many exploration companies which are not cash generative.



Accordingly, a review of the provisional financial results for the year ended 31 December 2007 by the directors has indicated that a basic and headline loss per share of between 15d and 20c per share is expected. In the prior comparative period the company reported a basic and headline loss per share of 5.29c. This "loss" must consequently not be seen as a loss in the conventional accounting sense of a negative differential between profit and loss, but rather as investment in future value. The increase in the basic and headline loss per share is mainly attributable to share-based payment expenses of R62.2 million. Of this, R54.3 million arose as a result of an IFRS 2 adjustment for the specific issue for cash of 30 million shares to Vunani Capital (Pty) Ltd, a black owned financial institution. The increase in headline loss primarily reflects the enhanced levels of operational expenditure geared towards the acceleration of the company's very aggressive exploration programme of the core asset, the Frischgewaagd-Ledig Complex. This has resulted in a significant upgrading of the company's resource inventory during the financial year, the completion of the 3D geoseismic survey and the completion of the Bankable feasibility study, all of which were high expenditure items. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The release of the results for the year ended 31 December 2008 is expected to be published on or about 31 March 2008.
08 Feb 2008 13:31:29
(Official Notice)
Shareholders are advised that Mr Robert Gordon Rainey has been appointed as interim chairperson of the board of directors of Wesizwe with immediate effect. Mr Rainey is a non executive director of Wesizwe and the chairperson of the audit and risk committee, and will be responsible for leading the process of the appointment of a new chairperson. An announcement in this regard will be made in the near future.
07 Jul 2006 12:02:50
(Official Notice)
Phase III of the exploration programme for Pilanesberg Project is under way with 11.64% of total resource now classified as Indicated. Total PGE (4) ounces increased to 11 492 (11 223) million ounces. Wesizwe attributable Inferred and Indicated resources total 7 076 (6 886) million ounces. The Pilanesberg Project in-fill drilling programme has commenced on the farms Frischgewaagd 96JQ, Ledig 909JQ and Mimosa 81JQ to increase the confidence of the Merensky and UG2 Reef Mineral Resources Inferred to Indicated as per SAMREC Code (South African Code for Reporting of Mineral Resources and Mineral Reserves). Consideration is being given to increasing the tempo of the programme.



Mike Solomon, CEO, commented that the drive to upgrade Wesizwe's established Inferred Mineral Resources to an Indicated Mineral Resources as per the SAMREC Code has commenced and is on track in terms of the group's original exploration planning.
30 Jun 2006 10:55:55
(Media Comment)
Business Day noted that Wesizwe may list shares on a stock exchange outside South Africa to raise funds for development.
29 Jun 2006 11:32:09
(Official Notice)
Wesizwe published its provisional reviewed results for the year ended 31 December 2005 on SENS on 29 March 2006. Attention is drawn to a change in the income statement where the weighted and diluted average number of shares in issue has been adjusted from 345 464 647 to 345 468 748. The change resulted from the use of a more refined method of calculation. There is negligible impact on headline loss per share which remains at 9.27c.



The annual general meeting will be held on Friday, 8 September 2006 at 11h00.
29 Mar 2006 12:03:40
(C)
Wesizwe listed on the JSE on 21 December 2005 under the Mining - platinum and precious metals sector. The original venture capital raised by private placement was R115 million. The total cash outflow since incorporation has been R100.9 million, resulting in a cash balance of R14.1 million at 31 December 2005. Exploration companies by their nature, do not generate operating income. The loss of R 32.1 million stated in the income statement therefore represents the net operating expenses for the year, which is met by capital raised.



Current operations

During the year under review, the company continued its exploration programme on the farms Frischgewaagd and Ledig. By the end of February 2006, Wesizwe had drilled 35 boreholes with 30 705 metres of core. A substantial amount of ground remains unexplored for Merensky and UG2 reefs. There are presently four drill rigs in operation on the farm Frischgewaagd and another on the farm Mimosa.



Prospects

The company is satisfied with the exploration results and expenditure to date, and has every confidence that it will achieve the targets set for the coming year of advancing the Inferred resources to Indicated resources on the farms Frischgewaagd and Ledig. Further to this the location of the company's Pilanesberg Project properties could facilitate future consolidation within the area and the 52% broad based black control of the company's equity is a concomitant advantage.
09 Mar 2006 14:34:04
(Official Notice)
Wesizwe has increased the mineral resource estimates for its Pilanesberg project, based on its latest drilling results. Total Inferred Mineral Resource estimates for both the Merensky and UG2 Reefs have increased from 63.608 million tonnes at an average grade of 5.09 g/t PGE(4) to 68.758 million tonnes at an average grade of 5,08 g/t PGE(4). This represents an increase in contained PGE(4) ounces from 10.417 million ounces to 11.223 million ounces for the Project. Wesizwe's attributable ounces have increased by 6.5 percent from 6.463 million ounces to 6.886 million ounces.
03 Mar 2006 15:03:40
(Official Notice)
J van der Merwe resigned as company secretary of Wesizwe with effect from 28 February 2006 and R H Phillips was appointed with effect from 2 March 2006.
22 Dec 2005 10:51:59
(X)
Wesizwe is a broad-based black-controlled company conducting PGE exploration operations in the western portion of the Bushveld Complex in South Africa. The company has positioned itself as the investment vehicle for the Bakubung, which has a 33% interest in Wesizwe. The Bakubung is a community located in the region in which Wesizwe is conducting its exploration activities. The remaining 19% of Wesizwes HDSA ownership comprises various HDSA individuals, most of whom serve on Wesizwes board of directors. Wesizwes exploration properties are situated between the BRPM JVs Styldrift property and the WB JVs Pilanesberg properties.
21 Dec 2005 08:14:28
(Official Notice)


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