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0.00% 9.9¢ nkwe platinum limited

bauba in voluntry suspension and ceo resigns

  1. researcher100
    4,293 Posts.
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    09/02/11
    23:48
    Post #: 7869130
    http://www.businessday.co.za/articles/Content.aspx?id=133772

    Shock announcement re Bauba.

    "Bauba CEO quits as fundraising effort stalls
    Unable to reach agreement with vendors on same terms and conditions as contained in the memorandum of understanding "
    ANDRIES MAHLANGU
    Published: 2011/02/09 06:34:28 AM


    "PINE Pienaar, former CEO of Mvelaphanda Resources , has resigned from Bauba Platinum, the exploration company he was heading as CEO.

    In its Stock Exchange News Service release announcing Mr Pienaar?s immediate resignation yesterday, Bauba also said it had requested the voluntary suspension of its stock, leaving the price frozen at R2,20."continues



    NKP Price at posting: 45.0¢ Sentiment: None Disclosure: Held
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