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EPS - Eastern Platinum Limited - Amendment to Stock Option Pricing

Release Date: 12/04/2011 15:38
Code(s): EPS
Wrap Text

EPS - Eastern Platinum Limited - Amendment to Stock Option Pricing EASTERN PLATINUM LIMITED (Incorporated in Canada) (Canadian Registration number BC0722783) (South African Registration number 2007/006318/10) Share Code TSX: ELR ISIN: CA 2768551038 Share Code AIM: ELR ISIN: CA 2768551038 Share Code JSE: EPS ISIN: CA 2768551038 April 12, 2010 Trading Symbol: ELR (TSX & AIM) EPS (JSE) Eastern Platinum Limited (the "Company") Amendment to Stock Option Pricing The Company today announced that all stock options ("Options") granted on March 25, 2011 have been amended from a strike price of C$1.38 to C$1.55. As part of this grant, the following Options were granted for members of the Board of Directors: Director Number of Strike Price Expiration date Options Ian Rozier 7,000,000 C$1.55 25/03/2016 David Cohen 900,000 C$1.55 25/03/2016 John Andrews 500,000 C$1.55 25/03/2016 John Hawkrigg 100,000 C$1.55 25/03/2016 Gordon Keep 100,000 C$1.55 25/03/2016 Merfyn Roberts 100,000 C$1.55 25/03/2016 Robert Gayton 100,000 C$1.55 25/03/2016 Zwelakhe Sisulu 100,000 C$1.55 25/03/2016 Total shares issued and outstanding: 908,187,807 For further information contact: Investor Relations Website: www.eastplats.com Email: info@eastplats.com Tel: 1-(604)-685-6851, Fax: 1-(604)-685-6493 NOMAD: Mark Williams / Ryan Cohen Canaccord Genuity Limited, London Email: MWilliams@canaccordgenuity.com / rcohen@canaccordgenuity.com Tel: +44 20 7050 6500 JSE SPONSOR: Johan Fourie PSG Capital (Pty) Limited Email: johanf@psgcapital.com Tel: +27 21 887 9602 Date: 12/04/2011 15:38:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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