On May 13, 2010, Platmin Limited (TSX/AIM: PPN; JSE: PLN) announced the completion of the previously announced issuance of 205,761,317 new common shares for a total consideration of US$250 million, and the issuance of US$135 million of convertible debentures. Common shares to the value of US$115.86 million were underwritten by RBC Capital Markets and Investec Bank Limited, while shares to the value of US$134.14 million were acquired directly from Platmin by Ridgewood Investments (Mauritius) Pte Ltd, an indirect subsidiary of Temasek Holdings (Private) Limited, Algemene Pensioen Groep (APG) N.V., and the Pallinghurst Investor Consortium (Lux) S.a.r.l. Platmin is a developing producer of platinum group metals. Its primary operating asset is the Pilanesberg Platinum Mine, located in South Africa. Fasken Martineau acted for the underwriters in connection with this offering with a team led by Al Gourley and including Aaron Atkinson, Brad Freelan and Jessica Catton in Toronto; Dimitri Cavvadas, David Kriel and Sarah Lafleur in Johannesburg; and David Smith in London.