JUBILEE PLATINUM PLC - Hernic Project in Production and Clarification Notice on Outstanding Warrants

Hernic Project in Production and
Clarification Notice on Outstanding Warrants

Jubilee Platinum PLC
Registration number (4459850)
AltX share code: JBL
AIM share code: JLP
ISIN: GB0031852162
("Jubilee" or “Company")

Hernic Project in Production and
Clarification Notice on Outstanding Warrants


Highlights

First chromite concentrate being produced after the successful tie-in of the Chromite
Recovery Plant into the Hernic operational stream.

Focus now shifts onto the commissioning of the PGM Recovery Plant which is the
natural succession of the Chromite Recovery Plant Tailings. The Chromite Recovery
Plant forms the feed to the Platinum Group Metals (“PGMs”) Recovery Plant.



Leon Coetzer says:

“I am very pleased that we have achieved the chromite production milestone and we are now
busily implementing the commissioning phase of the platinum recovery plant”

Mine-to-Metals specialist Jubilee Platinum plc (AIM: JLP, AltX: JBL) further wishes to clarify
the exercise price and number of outstanding warrants in Jubilee as announced on 3
February 2017.

The inclusion of the warrants priced at 2, 0 and 2, 5 British pence is as result of a negotiated
settlement agreement against historically issued warrants.

The outstanding warrants in Jubilee are therefore as follows:


     Number of         Subscription price
                                                     Expiry
      warrants                £s



       625,000               0.02000               31/03/2017
       500,000               0.02500               31/03/2017
      5,450,000              0.03160               12/08/2018
     3,591,742               0.04750               12/08/2018
     18,244,825              0.04725               23/03/2019




Contacts

Jubilee Platinum plc
Colin Bird/Leon Coetzer
Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913
Andrew Sarosi
Tel +44 (0)1752 221937

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank Limited
Sharon Owens
Tel +27 (0)11 809 7500

Nominated Adviser

SPARK Advisory Partners Limited
Sean Wyndham-Quin/Mark Brady
Tel: +44 (0)203 368 3555

Broker

Beaufort Securities Limited
Jon Belliss
Tel: +44 (0) 20 7382 8300

United Kingdom
6 February 2017

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