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EASTERN PLATINUM LIMITED - News release: Eastern Platinum Limited announces effective date of share alteration

Release Date: 15/07/2014 16:00
Code(s): EPS     PDF:  
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News release: Eastern Platinum Limited announces effective date of share alteration

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 JSE: EPS ISIN: CA 2768551038

July 15, 2014
Trading Symbol: ELR (TSX); EPS (JSE)

NEWS RELEASE

EASTERN PLATINUM LIMITED ANNOUNCES EFFECTIVE DATE
OF SHARE ALTERATION

July 15, 2014, Vancouver, British Columbia – Eastern Platinum Limited (“Eastplats” or the “Company”)
is pleased to announce that it has received the approval of the Toronto Stock Exchange (the “TSX”) to
proceed with its previously announced stock consolidation and stock split effective July 15, 2014.

Shareholders on the South African sub-register of the Company are hereby advised that the stock
consolidation and the stock split will be implemented on the JSE in accordance with the following
timetable:

 Last day to trade under old ISIN                                            Friday, 18 July 2014
 Trading under new ISIN in the altered shares commences                      Monday, 21 July 2014
 Record date                                                                 Friday, 25 July 2014
 Dematerialised shareholders will have their accounts at their               Monday, 28 July 2014
 CSDP or broker updated on
 New share certificates will be posted to certificated shareholders          Refer to last paragraph below

Pursuant to a special resolution passed by shareholders on June 12, 2014, the Company will proceed with
the consolidation of its common shares on a 1,000 old for 1 new basis (the “Consolidation”).
Shareholders holding less than one full share post-Consolidation are entitled to a cash payment of $0.11
(ZAR R1.04) per share of their holdings on a pre-Consolidation basis in lieu of a fractional share, such
amount being equal to the average weighted trading price of the pre-Consolidated Shares on the TSX and
the JSE for the ten trading days preceding the effective date of the Consolidation.

Following the Consolidation, the Company will immediately complete a stock split on the basis of 1 old
for 100 new, with fractional shares being rounded to the nearest whole number (the “Stock Split”). The
Consolidation and Stock Split will achieve a 10 to 1 consolidation (the “Effective Consolidation”) and
eliminate all of the shareholdings of less than 1,000 pre-Consolidation shares in exchange for the cash
payment of $0.11 (ZAR: R1.04) per share.

Effective at market opening on July 18, 2014, the Common Shares of Easplats will commence trading on
the TSX on the Effective Consolidation basis. Effective at market opening on July 21, 2014, the Common
Shares of Easplats will commence trading on the JSE on the Effective Consolidation basis. The
Company’s CUSIP and ISIN numbers will change to 276855509 and CA2768555096, while the trading
symbol will remain unchanged.
                                                     
Letters of transmittal will be mailed to all registered shareholders. In order to obtain their new share
certificates or a cash payment as the case may be, each shareholder must complete and send the letter of
transmittal along with their share certificates to the Company’s transfer agent, Computershare Investor
Services Inc. (and Link Market Services in respect of shareholders on the South African sub-register), as
detailed in the letter of transmittal. Shareholders who hold their shares through a broker will not be sent a
letter of transmittal and will not have to follow this procedure.

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:
Johan Fourie
PSG Capital (Pty) Limited
Email: johanf@psgcapital.com
Tel: +27 21 887 9602

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

Date: 15/07/2014 04:00:00 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
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