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WESIZWE:  53   +4 (+8.16%)  26/06/2026 19:00

WESIZWE PLATINUM LIMITED - Update: operational update

Release Date: 26/06/2026 15:40
Code(s): WEZ     PDF:  
Wrap Text
Update: operational update

WESIZWE PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2003/020161/06
Share code: WEZ
ISIN number: ZAE000075859
("Wesizwe" or "the Company")


UPDATE: OPERATIONAL UPDATE


Shareholders are referred to the announcements released on the Johannesburg Stock
Exchange News Service, the last of which was dated 3 June 2026, relating to Bakubung
Platinum Mine ("BPM") entering Section 189 Consultations and an Operational update.

The temporary operational shutdown at BPM, was implemented to facilitate the Section 189
consultation process and related stakeholder engagements.

The Company is pleased to advise shareholders that, following constructive progress in these
engagements, it intends to commence a phased restart of operations ("Restart of
Operations") during the week commencing 29 June 2026, subject to the conclusion of a
memorandum of agreement currently under discussion with the recognised trade unions and
employee representatives.

The Restart of Operations has been carefully planned and will follow a structured, phased
approach that places the highest priority on the health and safety of employees and
contractors, compliance with all applicable legal and regulatory requirements, and the safe
recommissioning of mining and processing activities.

Employees and contractors will return to site in a controlled and progressive manner. The
initial phase will include medical screening, inductions, statutory inspections, legal compliance
verification, essential maintenance activities and the progressive recommissioning of critical
infrastructure before normal mining operations resume.

Management believes that this disciplined approach is essential to ensuring that the Restart
of Operations is safe, responsible and sustainable, while maintaining full compliance with the
Mine Health and Safety Act and other applicable legislative requirements.

The Company will continue to keep shareholders informed of any material developments
relating to the Restart of Operations.


Johannesburg
26 June 2026

Sponsor
PSG Capital

Date: 26-06-2026 03:40:00
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