15 May 06.
The Board of Nkwe Platinum Limited (ASX:NKP) is pleased to announce that it has agreed a Black Economic Empowerment transaction with Blue Nightingale Trading 709 (Pty) Ltd
(Blue Nightingale). The transaction involves the issue of new shares in Nkwe Platinum (South Africa) (Pty) Limited (Nkwe SA) to Blue Nightingale so that it will own 30%(=28m shares) of the expanded issued capital of Nkwe SA.
To reflect the proposed equity change, Messrs Maredi Mpahlele and Mxoleli Nkulhu have been invited to join the Nkwe Platinum Limited Board. And then the fun began with a total take over of the board with in a year.
Where did the money from DeWildt go?
15 May 06.The Board of Nkwe Platinum Limited (ASX:NKP) is...
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