PDM Platinum Regs

RNS Number:7655O
AIM
29 December 2006



             ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2



ALL APPLICANTS MUST COMPLETE THE FOLLOWING:


COMPANY NAME:

PLATINUM DIVERSIFIED MINING INC.


COMPANY ADDRESS:

PO Box 709 G.T.
Zephyr House
Mary Street
Grand Cayman
Cayman Islands


COMPANY POSTCODE:

KY1-1107


COUNTRY OF INCORPORATION:

Cayman Islands


COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:

Platinum Diversified Mining was incorporated with the intention of acquiring metals and mining assets.  It was admitted
to trading on AIM on 14 March 2006.  The Company is to acquire Nord Resources Corporation, which owns a large copper
mine in Arizona, USA for a total consideration of $60m, certain to certain net asset adjustments.
Nord is a Delaware corporation which owns Johnson Camp, an open pit oxide copper mine near Tucson, Arizona, USA with
estimated proven and probable mining reserves of 35.1 million tons of copper at a grade of 0.393 per cent. total copper
(TCu) and at a copper price of $0.90 per pound (after pit optimization).  The Acquisition constitutes a reverse
takeover pursuant to the AIM Rules.  Full information regarding the acquisition was contained in the admission document
published on 23 October 2006.


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which it
seeks admission and the number and type to be held as treasury shares):

12,418,752 ordinary shares of $0.001 each
9,935,000 warrants over ordinary shares


CAPITAL TO BE RAISED ON ADMISSION:

N/A


FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:

Mark Alan Nordlicht (Chairman)
Bobby Earl Cooper (Chief Executive Officer)
Thomas Alexander Loucks (President)
John Patrick Ryan (Chief Legal Officer)
Howard Mattes Crosby (Senior Vice President)
Brian Edward Burgess (Non-Executive Director)
John Joseph May (Non-Executive Director)


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:
Anchorage Capital Master Offshore Ltd.                10.3%
DKR Soundshore Oasis Holding Fund                     5.0%
Highbridge International LLC                          3.0%
Investec Bank (UK) Limited                            3.7%
Millenium Partners LP                                 9.8%
Mortstan Nominees Limited                             4.0%
NCB Trust Limited                                     9.8%
South Ferry #2 LP                                     5.0%
Vicis Capital Master Fund LLC                         3.0%
York Investment Limited                               4.1%


NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

N/A


ANTICIPATED ACCOUNTING REFERENCE DATE:

31 December


EXPECTED ADMISSION DATE:

Mid January 2007


NAME AND ADDRESS OF NOMINATED ADVISER:

KBC Peel Hunt Ltd
111 Old Broad Street
London
EC2N 1PH


NAME AND ADDRESS OF BROKER:

KBC Peel Hunt Ltd
111 Old Broad Street
London
EC2N 1PH


DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS
WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

KBC Peel Hunt Ltd
111 Old Broad Street
London
EC2N 1PH


DATE OF NOTIFICATION:

29 December 2006


NEW/ UPDATE (see note):

Update







                      This information is provided by RNS
            The company news service from the London Stock Exchange
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