Platmin Limited – Cancellation of AIM listing on November 1, 2011

Platmin Limited (TSX:PPN,AIM:PPN,JSE:PLN) announced the cancellation of the trading of its common shares on the Alternative Investment Market.

The press release is quoted as saying,

Platmin’s board of directors has decided that it is not justified for a company of Platmin’s size and with such relatively low trading volumes to maintain three stock exchange listings.

Following the cancellation of the AIM listing, Platmin will be listed on the Toronto Stock Exchange (“TSX”) and the Johannesburg Stock Exchange (“JSE”); as a result, shareholder consent for the cancellation of the AIM listing is not required under the AIM Rules for Companies.

For the complete press release, click here.