# Bushveld Minerals Limited Admission to AIM of AfriTin Mining Limited

- Link: https://www.directorstalkinterviews.com/bushveld-minerals-limited-admission-aim-afritin-mining-limited/412739545
- Published: 2017-11-09T07:20:36+00:00
- Author: Giles Arbor

**Bushveld Minerals Limited** (LON:BMN), a diversified mineral development company
with a portfolio of vanadium, tin, coal assets and other interests in Southern Africa,
has today announced the admission of AfriTin Mining Limited’s (“AfriTin Mining”)
Ordinary Shares (AfriTin Mining Shares) to trading on the AIM market of the London
Stock Exchange. Dealings in AfriTin will commence at 8.00 am today.

Anthony Viljoen will become the Chief Executive Officer of AfriTin Mining and as
such will stand down as an executive director at Bushveld with immediate effect.
However, he will remain on the board of the Company as a non-executive director.

Upon Admission to AIM, Bushveld will own a total of 51,995,342 AfriTin Mining Shares,
representing 17.48 per cent of the issued share capital of AfriTin Mining, which
at the issue price of 3.9p, is valued at approximately £2.0 million. A further 24.39
per cent of the issued share capital of AfriTin Mining will be distributed to the
Bushveld shareholders on the register as at the close of business on 08 November
2017.

AfriTin Mining’s Admission Document is available on the company’s website: www.afritinmining.
com

> **Fortune Mojapelo, CEO of Bushveld Minerals Limited, said:** “With this milestone,
> we have fulfilled our promise to shareholders to develop the necessary critical-
> mass for a stand-alone tin company with a near-term production profile and a perfect
> opportunity to grow into the African tin champion. This is the culmination of 
> significant work done over the years.
> “We are delighted to have AfriTin listed on the AIM Market. As a substantial and
> committed shareholder, Bushveld will remain supportive of AfriTin. Congratulations
> to Anthony and his team; we wish them well for the future.”

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