Eastern Platinum Limited Announces Correction to CEO Letter to Shareholders Dated January 23, 2024
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2024) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company"), a developer and producer of chrome and PGMs assets located in the Bushveld Complex in the Republic of South Africa, announced today a correction to its news release entitled "Eastern Platinum Limited Publishes CEO Letter to Shareholders" issued on January 23, 2024 (the "Initial News Release").The Company plans to ramp-up the Zandfontein underground...
2024-01-24 8:45 AM EST
Eastern Platinum Limited Publishes CEO Letter to Shareholders
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2024) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company"), a developer and producer of chrome and PGMs assets located in the Bushveld Complex in the Republic of South Africa, today issues the following letter to shareholders from Eastplats CEO Wanjin Yang. Dear Eastplats Stakeholders, Investors, and Friends:Eastplats made progress on key corporate and operational initiatives in 2023, continuing to operate...
2024-01-23 8:45 AM EST
Eastern Platinum Limited Announces Participation at Upcoming Conferences
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2024) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company"), a South-African based developer and producer, is pleased to announce its participation in the following industry and investor conferences. 121 Mining Investment Cape TownDate: February 5-6, 2024Location: The Welgemeend, 2 Welgemeend St., Gardens, Cape Town, 8001, South AfricaPDAC 2024Date: March 3-6, 2024Location: Metro Toronto Convention Centre,...
2024-01-10 8:45 AM EST
Eastern Platinum Limited Announces Completion of Special Committee Investigation
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces that the special committee (the "Committee") formed by two independent directors of the Board of Directors (the "Board") of the Company to conduct an investigation, review and analysis of unproven whistleblower allegations, including allegations of undisclosed related party transactions pertaining to the sale of chrome concentrate at...
2023-12-11 8:45 AM EST
Eastern Platinum Limited Reports Results for the Third Quarter of 2023
Zandfontein underground sectionVancouver, British Columbia--(Newsfile Corp. - November 10, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its condensed interim consolidated financial statements for the three and nine months ended September 30, 2023 and the corresponding management's discussion and analysis. Below is a summary of...
2023-11-10 8:45 AM EST
Eastern Platinum Limited Receives Approval from South Africa Competition Commission Regarding Rights Offering Transaction
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") has obtained approval from the South Africa Competition Commission regarding the acquisition of common shares of the Company by Ka An Development Co. Limited pursuant to the rights offering (see news release of May 8, 2023) (the "Transaction"), subject to establishment of an employee share ownership program ("ESOP"), which will hold at least 5% of...
2023-11-07 8:45 AM EST
Eastern Platinum to Host Investor Webinar
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2023) - Eastern Platinum Limited. (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") is pleased to invite all shareholders, investors and analysts to join a webinar to be hosted by the Company on Wednesday, November 22, 2023 at 1:00 p.m. PT / 4:00 p.m. ET.The webinar will be facilitated by Wanjin Yang, CEO, and Wylie Hui, CFO, who will present a corporate and operational update, including development plans for Eastplats' Zandfontein...
2023-10-16 8:45 AM EDT
Eastern Platinum Limited Reports Results for the Second Quarter of 2023
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its condensed interim consolidated financial statements for the three and six months ended June 30, 2023 and the corresponding management's discussion and analysis. Below is a summary of the Company's financial results for the second quarter of 2023 ("Q2 2023") and for the six months ended June 30, 2023 ("YTD...
2023-08-11 8:45 AM EDT
Eastplats' South African Subsidiary Receives a Summons
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces that its South African subsidiary, Barplats Mines Proprietary Limited ("Barplats") received a combined summons (the "Summons") from ABT Toda Proprietary Limited ("ABT Toda") which is related to the matter in respect of which Barplats is in arbitration with Advanced Beneficiation Technologies (Pty) Ltd ("ABT") regarding the Agreement (as defined...
2023-07-07 8:45 AM EDT
Eastern Platinum Limited Retains Investor Relations Firm Target IR and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") is pleased to announce that it has retained the services of Target IR & Communications ("Target IR"), a full-service investor relations and communications firm that focusses on the metals and mining and technology sectors. Under the terms of the consulting agreement (the "Agreement") effective July 1, 2023, Eastplats will provide a base monthly fee for...
2023-06-27 11:30 AM EDT
Eastern Platinum Limited Announces Stock Option Grants and Restatement of First Quarter MD&A
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces that it has granted 3,800,000 stock options to directors, officers, and employees of the Company that vest in 90 days. The options were granted for a term of five years and expire on June 21, 2028. Each option allows the holder to purchase one common share of Eastplats at an exercise price of CDN$0.10.The Company further announces that...
2023-06-22 8:45 AM EDT
Eastplats Announces Voting Results of Its Annual General Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces the voting results of the Company's 2023 Annual General Meeting of Shareholders held on June 20, 2023 (the "Meeting"). A total of 65,194,989 common shares were voted at the Meeting, representing 47.30% of the votes attached to all the outstanding common shares of the Company. Detailed results of the vote held at the Meeting are set out below:...
2023-06-21 8:45 AM EDT
Eastern Platinum Limited Announces Update on Special Committee Investigations
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces that, further to its news releases dated April 24, 2023 and May 12, 2023, it has formed a special committee (the "Committee") consisting of two independent directors, George Graham Dorin and Xin (Alex) Guan. The Committee has commenced, together with independent special counsel retained by the Committee, an investigation and review of certain...
2023-06-20 8:45 AM EDT
Eastern Platinum Limited Announces Extension of Expiry Date for Warrants
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces that it has received conditional acceptance from the Toronto Stock Exchange to extend the expiry date of 5,960,000 of its outstanding unlisted common share purchase warrants (the "Warrants") originally issued on June 26, 2020, in conjunction with the previously disclosed settlement agreement with AlphaGlobal Capital Inc. For further information...
2023-06-08 8:45 AM EDT
Eastern Platinum Limited Reports Results for the First Quarter of 2023
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its condensed interim consolidated financial statements for the three months ended March 31, 2023 and the corresponding management's discussion and analysis. Below is a summary of the Company's financial results for the first quarter of 2023 ("Q1 2023") (all amounts in USD unless specified) in comparison to the same...
2023-05-12 9:30 AM EDT
Eastern Platinum Limited to Invest in Zandfontein Underground and Growth Opportunities with Completed Rights Offering
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") today announced the completion of the previously announced rights offering to its shareholders (the "Rights Offering") (see news release of March 24, 2023), subject to final approval of the Toronto Stock Exchange (the "TSX") and Johannesburg Stock Exchange (the "JSE").On Friday, May 12, 2023 (the "Issue Date") Eastplats will issue an aggregate of...
2023-05-08 9:31 AM EDT
Eastplats Receives Reasons for Judgment Regarding a Derivative Action
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") has received the written reasons for judgment of the Supreme Court of British Columbia in the petition of shareholder, Xiaoling Ren, seeking leave to commence a derivative action on behalf of the Company against certain of the former and current directors in relation to the transactions between the Company and Union Goal Offshore Solutions Limited (see...
2023-05-04 7:19 PM EDT
Eastern Platinum Limited Announces Whistleblower Allegations and Formation of Special Committee
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") today announced that its Board of Directors (the "Board") has received unproven whistleblower allegations, including allegations of undisclosed related party transactions pertaining to the sale of chrome concentrate at discounted prices (the "Allegations").The Board has determined that it is in the best interests of the Company to form a special...
2023-04-24 12:47 PM EDT
Eastern Platinum Limited Reports Annual Financial Results for 2022 and Provides Its Targets for 2023
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its Audited Consolidated Financial Statements for the fiscal year ended December 31, 2022 and the corresponding Management's Discussion and Analysis and Annual Information Form. Below is a summary of the Company's financial results for the fourth quarter of 2022 ("Q4 2022") and for the fiscal year ended December...
2023-04-05 8:00 PM EDT
Eastern Platinum Limited Announces Rights Offering to Fund Growth Opportunities
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") today announced the offering to its shareholders (the "Rights Offering") of rights (the "Rights") to acquire common shares of the Company ("Common Shares") at the close of business on the record date of Thursday, April 6, 2023 ("Record Date"), on the basis of one Right for each Common Share held. Each Right will entitle the holder to subscribe for one...
2023-03-24 8:07 AM EDT