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Barplats Investments Limited Shareholders Reject Share Sale
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
(“Eastplats” or the “Company” or “the Group”)
February 6, 2017
Trading Symbol: ELR (TSX); EPS (JSE)
NEWS RELEASE
BARPLATS INVESTMENTS LIMITED SHAREHOLDERS REJECT SHARE SALE
February 6, 2017, Vancouver, British Columbia – Eastern Platinum Limited (“Eastplats” or the “Company”)
announces that the shareholders of Barplats Investments Limited (BIL), in which Eastplats holds shares through a
subsidiary of the Company, at a meeting held February 3, 2017 rejected a special resolution submitted to the meeting
seeking approval of the sale of the shares of BIL’s subsidiary, Barplats Mines Limited (which holds the Crocodile
River Mine) to Hebei Zhongheng Tianda Platinum Co. Limited (HZT) pursuant to the Share Purchase Agreement
dated June 28, 2016 (SPA) entered into by the former management of the Company. The Company will be reporting
further on the implications of the vote on the SPA and the outstanding lawsuit commenced by HZT.
For further information, please contact:
EASTERN PLATINUM LIMITED
Diana Hu, President and Chief Executive Officer
dhu@eastplats.com (email)
(604) 800-8200 (phone)
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward-looking statements” or “forward-looking information” (collectively referred to herein as
“forward-looking statements”) within the meaning of applicable securities legislation. Such forward-looking statements include,
without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are
statements that are not historical facts and are generally, but not always, identified by the words “will”, “plan”, “intends”, “may”,
“will”, “could”, “expects”, “anticipates” and similar expressions.
In particular, this press release contains forward-looking statements pertaining to: the effect of the special resolution on the business
of Eastplats, the SPA and the lawsuit initiated by HZT. These forward-looking statements are based on assumptions made by and
information currently available to the Company. Although management considers these assumptions to be reasonable based on
information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve
inherent risks and uncertainties and readers are cautioned not to place undue reliance on these statements as a number of factors
could cause actual results to differ materially from the beliefs, plans, objectives, expectations, estimates and intentions expressed
in such forward-looking statements. These factors include, but are not limited to, commodity prices, economic conditions, currency
fluctuations, competition and regulations, legal proceedings and risks related to operations in foreign countries.
The forward-looking statements in this press release are made as of the date they are given and, except as required by applicable
securities laws, the Company disclaims any intention or obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the
information contained herein.
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Date: 06/02/2017 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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