Aquarius Platinum trims conversion price of 4% convertibles to $6.578

By Angela McDaniels

Tacoma, Wash., Oct. 7 - Aquarius Platinum Ltd. adjusted the conversion price of its $300 million of 4% convertible bonds due 2015 to $6.578 from $6.678, according to a company announcement.

The adjustment was made in connection with the dividend announced on Aug. 11 and is effective from Sept. 5.

This adjustment to the conversion price includes a carryover component from the March dividend.

Aquarius is a platinum producer based in Hamilton, Bermuda.

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