Any holders out there - there's some buying going on.....

sharp sp rise without positive news = MM manipulation, lot of it going on with small caps at the moment, recent rise and fall in BPC sp is an example.

Oh well - +14.5% on the day - better than a poke in the eye with a sharp stick.

Issue of Equity
Jubilee Platinum, the AIM and JSE Limited ("JSE") quoted mine-to-metal specialist, wishes to advise that it has made application to AIM and the JSE for the listing of the following shares:

6,187,765 shares as consideration for the purchase of further shares in Jubilee subsidiary Power Alt (Pty) Ltd ("Power Alt"). As a result Jubilee's holding in Power Alt will increase by 9.5% to 68.1%

907,276 shares as consideration for the purchase of a further 5% interest in Jubilee subsidiary Pollux Investment Holdings (Pty) Ltd ("Pollux"). As a result Jubilee will own 67.5% of Pollux; and 584,689 shares to Majestic Filtration Solutions (Pty) Ltd as vendor consideration.

It is expected that the above issue of 7,679,730 ordinary shares of 1 pence each will be admitted to trading on AIM and the JSE on 28 January at 8am GMT and 10am SAST respectively.

Following the above shares issue, the total issued share capital of the Company will be 345,110,121. The Company holds no ordinary shares in treasury. Therefore, following the issue of equity, the total number of voting rights in the Company will be 345,110,121.

StockMarketWire.com
Jubilee Platinum (LON:JLP), the AIM and JSE Limited quoted mine-to-metal specialist, is pleased to announce that, further to prior cautionary announcement of 16 January 2013, the Company has secured and concluded indicative project financing in total, from financial institutions to reinstate operations at the near surface Phokothaba Mine, which has currently been placed under care and maintenance by PLA.

Consequently, the Company and PLA have agreed to extend the Heads of Agreement to 04 February 2013, to conclude the Implementation Agreement to execute the proposed merger of PLA. The Company will provide further details on the Proposed Transaction on conclusion of the Implementation Agreement.

Leon Coetzer, Chief Executive Officer of Jubilee, said: "We are pleased with the Company's progress towards securing funding for the reinstatement of the Phokothaba Mine and we are moving aggressively towards concluding the Proposed Transaction. The enlarged group would include the combination of shallow and at-surface mining, a fully operable shallow mining operation and smelters and exploration assets underpinned by the very large Tjate mining exploration asset, making the enlarged group a significant low cost player in the platinum industry."

Tempted to take the profit here.

StockMarketWire.com
Jubilee Platinum and Platinum Australia Ltd have extended the heads of terms agreement for their proposed merger to 15 February.

Jubilee Platinum said this follows an agreement between PLA and its senior creditor over settlement of PLA's debt.

Jubilee says the due diligence investigations are largely complete, and the binding implementation agreement is in the final stages of negotiation, pending completion of accounts for finalising the merger ratios.

On the current timetable, completion of the proposed transaction is projected for May.

StockMarketWire.com
Jubilee Platinum, the AIM and JSE quoted mine-to-metal specialist, has announced that it still expects its planned merger with Platinum Australia (PLA) to be completed by the middle of May.

The company says that all the transactional documents have been finalised apart from the PLA creditors' compromise arrangements which are expected to be concluded by the end of the week.

Transactional Agreements to acquire PLA

HIGHLIGHTS

· The Transaction is a share based transaction whereby Jubilee acquires all of the listed ordinary shares in PLA by offering to current shareholders in PLA one Jubilee share for every 2.593 PLA shares held ("Enlarged Group").

· The Enlarged Group will result in a significant South African platinum group metals producer supported by strong prospects for expansion through the development of its near surface resources.

· Jubilee is able to accelerate its Mine to Metals strategy through the Transaction which would include a fully operational platinum mine and processing plant together with Jubilee's operational smelting operation.

· Jubilee's Mines to Metal strategy will be brought forward, directors believe, by some 18 months and the resultant earlier cash flow will position the Company well to secure further opportunities in the near-term.

· The input of Dilokong Chrome Mine tailings will enable the Smokey Hills Platinum Mine ("Smokey Hills") to be brought back into production at a more modest output rate than previously designed thus extending mine life and ensuring that mine production targets are more achievable.

· The Enlarged Group would have exclusive right to the ConRoast smelting process ("ConRoast"), enhancing earnings from its own production and giving access to third party earnings by entering into agreements to utilise ConRoast.

· The Enlarged Group has a mission to access platinum-bearing tailings, open up near-surface platinum-bearing chrome deposits and develop smaller less capital intensive mining operations.

· The Enlarged Group will have a 63% shareholding in the Tjate project which is amongst the largest undeveloped platinum resources in South Africa.

Issue of Equity

Further to the announcement on 27 September 2012, Jubilee, the AIM and JSE Limited ("JSE") quoted mine-to-metal specialist, is issuing 1,194,455 Shares as the third and final tranche of consideration for the purchase of further shares in Jubilee subsidiary Power Alt (Pty) Ltd ("Power Alt"). As a result, Jubilee's holding in Power Alt will increase by 1.9% to 70% and completes its acquisition goal for Power Alt, thereby enabling the Company to pursue its strategy to maximise Jubilee's exposure to the growing demand for the sale of private energy to the South African electricity public utility.

The Company expects that 1,194,455 ordinary shares of 1 pence each will be admitted to trading on AIM and the JSE on 28 February at 8am United Kingdom time and 10am South African time respectively.

Following the above share issue, the total issued share capital of the Company will be 346,304,576. The Company holds no ordinary shares in treasury. Therefore, following the issue of equity, the total number of voting rights in the Company will be 346,304,576.

TEMPORARY SUSPENSION OF TRADING ON AIM

JUBILEE PLATINUM PLC

Trading on AIM for the under-mentioned securities has been temporarily suspended from 28/03/2013 3:30pm, pending an announcement.

JUBILEE PLATINUM PLC

The trading on AIM for the under-mentioned securities was temporarily suspended. The suspension is lifted from 02/04/2013 07:30am, an announcement having been made.

BFN

Andrew Sarosi, Executive Director, bought 64,444 shares in the company on the 16th April 2013 at a price of 7.72p. The Director now holds 64,444 shares.

64,444 shares isn't exactly a glowing endorsement, although I hold them and hope to do well long term.

Good luck

.

Jubilee is pleased to announce an operations update for the first quarter of 2013 as well as an update regarding the planned acquisition of Platinum Australia Limited ("Platinum Australia" or "PLA").

Financial Highlights
· Unaudited quarterly revenues and gross profits continue to grow;
· Unaudited revenue increased by 32% during Q1 2013 compared to the previous quarter - excluding electricity sale revenues to the Middelburg smelter operations;
· Unaudited gross profit increased by 47% during Q1 2013 compared to the previous quarter.

Operational Highlights
· Jubilee increased its interest in Power Alt (Pty) Ltd ("Power Alt") the owners of the Middelburg Smelting Refinery, to 70% in February 2013;
· Power Alt extended its existing private power sale contract with the national electricity public utility; and
· Ferroalloy smelters operated at approximately 72% of capacity during this period.

http://www.moneyam.com/action/news/showArticle?id=4599572

StockMarketWire.com
Jubilee Platinum has sold 65% of Jubilee Smelting and Refining and 40% of Power Alt (Pty) to Global Renewal Energy for $14m.

Jubilee has also been granted an irrevocable put option for two years to dispose of the remaining shareholding in JSR and PowerAlt for $4.933m.

Jubilee also issued an update on the on proposed acquisition of Platinum Australia.

Jubilee said the The timeline required to secure financing had been moved to coincide with the first court hearing for the proposed scheme of arrangement between the two companies targeted for 10 June.

Chief executive Leon Coetzer said: "Jubilee has been successful in bringing to value its shareholding in the non-core ferroalloy smelting business and associated power plant. This enables Jubilee to direct the proceeds from the Disposal of the non-core ferroalloy smelters into the continued development of the company's platinum mine-to-metals strategy.

"Our immediate focus is to expedite the recovery of platinum from the Dilokong chrome mine tailings while we target further such surface material opportunities. The proceeds from the Disposal enables Jubilee to further capitalise on platinum opportunities presented to the company due to current challenges within the platinum industry.

"We are able to dispose of our non-platinum business while retaining the processing right and platinum smelting capacity for platinum containing material at the Middelburg facility.

"Our platinum mine-to-metals strategy remains on course with the added benefit of an enhanced cash balance in Jubilee." Coetzer added: "The extension in the funding condition precedent allows Jubilee to review the updated business model for the PhokaThaba mine in-line with the proposed toll processing of 3rd party platinum-reef material, as announced on 23 May 2013, before committing to final funding terms."

UPDATE ON THE DISPOSAL OF NON-CORE ASSETS

Acquisition of PLA update


· Settlement value of ZAR3.5million (GBP224,500) reached between PhokaThaba, PLA and JIC payable to JIC within 14 days from settlement date
· The Liquidation Application has been set aside
· The Regulated Event has been remedied
· The first court hearing for the approval of scheme of arrangement for the acquisition of PLA is confirmed for 20 June 2013

should keep colin happy with a few more g & t's!

Market doesn't like this, 5p is close to all-time lows, maybe due to Issue of yet more shares . . . . WHY? If they are expecting cash. Also I'm not convinced sell off assets is a good idea . . . . one wonders why they bought them in the first place?
Ho-Hum.

Dead duck imo , quack quack !