/NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES
TORONTO, April 7 /CNW/ - Platmin Limited ("Platmin" TSX/AIM: PPN) is
pleased to announce that, Mr. John Gregory Calvert has today been appointed as
a director of Platmin.
Mr. John Calvert is a Managing Partner of NGP Midstream & Resources, LP
("M&R") a US-based private equity fund which invests in the midstream energy
sector and all facets of the mining & minerals sectors. M&R makes equity
investments of US$50-$250 million in entities with talented, experienced
management teams, focused on hard assets that are integral to existing and
Prior to founding M&R with fellow Managing Partner, John Raymond, Mr.
Calvert was a senior investment banker responsible for initiating, structuring
and executing transactions in the natural resource industries. Mr. Calvert's
prior experience included serving as a Managing Director at Deutsche Bank in
the Large-Cap Investment Banking Coverage Group based in New York, where he
provided strategic counsel and transaction execution advice to Deutsche Bank's
global mining and metals clients. Prior to joining Deutsche Bank, Mr. Calvert
was a Managing Director and Global Head, Mining Investment Banking, at Credit
Suisse First Boston.
Mr. Calvert earned a Bachelor of Laws (First Class Honors) degree from
the University of Sydney.
Mr. Calvert, aged 44, is or has been a director of the following
companies within the past five years:
Current directorships Past Directorships
NGP Midstream & Resources, L.P. Nil
NGP MR GP, LLC
NGP MR Management, LLC
M&R Blocker I Inc.
NGP M&R Mining, LLC
Ivy Lane Capital Limited
Pallinghurst Kalahari (Mauritius) Limited
Pallinghurst Platinum (Mauritius) Limited
INR HC, LLC
Imagin Natural Resources LLC
NGPMR Lux II LLC
Ledge Energy Group LLC
M&R MWE Liberty LLC
NGPMR MLP Opportunity Fund Company LLC
Sun Valley Coal, LLC
Calvert Capital Partners, L.P.
Calvert Management, LLC
There is no other information regarding Mr. Calvert that is required to
be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules.
Platmin Chairman Keith Liddell said today, "On behalf of the board and
executives at Platmin I welcome John as a director of Platmin, and look
forward to working with him in progressing the company to become a major
producer of platinum group metals."
Platmin is an explorer and emerging PGM producer focussed on bringing its
flagship, open-pit Pilanesberg Platinum mine into production in 2009. In
addition to the Pilanesberg Platinum project, Platmin holds interests in the
Mphahlele, Grootboom and Loskop projects which offer long-term growth
potential. All of Platmin's projects are located in the Bushveld Complex of
South Africa, which is estimated to contain approximately 90% of global
platinum mineral resources.
For further information:
For further information: Ian Watson, Chief Executive Officer, +27 12 661
4280; Terry Holohan, Chief Operating Officer, +27 12 661 4280; Fiona Owen,
Grant Thornton UK LLP (Nominated Adviser), +44 20 7383 5100; Marion Brower,
Russell & Associates, +27 11 880 3924, +27 82 372 5816