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EASTERN PLATINUM LIMITED - News release

Release Date: 11/08/2015 07:30
Code(s): EPS     PDF:  
Wrap Text
News release

EASTERN PLATINUM LIMITED
(Incorporated in Canada)
(Canadian Registration number BC0722783)
(South African Registration number 2007/006318/10)
Share Code TSX: ELR ISIN: CA2768555096
Share Code JSE: EPS ISIN: CA2768555096

Trading Symbol: ELR (TSX); EPS (JSE)

                                           NEWS RELEASE

August 10, 2015, Vancouver, British Columbia – Further to its news release of June 8, 2015, Eastern
Platinum Limited (the “Company”) announces that the proposed restructuring of the transaction with
Hebei Zhongbo Platinum Co. Limited (“HZP”), as more particularly detailed in the June 8, 2015 release,
continues to remain subject to the execution of definitive agreements and the receipt of all necessary
South African regulatory approvals. As the restructuring remains outstanding, the Company has
determined it to be prudent to seek to extend the “Final Date” under the original agreements with HZP (as
detailed in the Company’s news release of November 7, 2014) (the “Original Agreements”) from August
7, 2015 to December 31, 2015 (the “Final Date” being the date under the Original Agreements following
which either party may elect to terminate the Original Agreements without recourse). As at the date
hereof, letter agreements giving effect to such extension remain outstanding.



For further information, please contact:

EASTERN PLATINUM LIMITED
Ian Rozier, President and CEO
+1-604-685-6851 (tel)
+1-604-685-6493 (fax)
info@eastplats.com
www.eastplats.com

JSE SPONSOR
David Tosi
PSG Capital (Pty) Limited
Email: davidt@psgcapital.com
Tel: +27 21 887 9602

No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein.


Cautionary Statement Regarding Forward-Looking Information

This press release contains ‘forward-looking information’ within the meaning of Canadian securities
legislation. Forward-looking information in this press release includes information about the completion,
timing and potential benefits of the proposed transaction between Eastplats and Hebei Zhongbo. These
forward-looking statements are subject to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those anticipated, including, the contemplated transaction not
being completed as a result of a number of factors including, without limitation, required regulatory
approvals not being obtained; and other risks and uncertainties. Readers should not place undue
reliance on the forward-looking information contained in this news release. Eastplats does not undertake
to update any forward-looking information, except as required by applicable securities laws.

Date: 11/08/2015 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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