To view the PDF file, sign up for a MySharenet subscription.

EASTERN PLATINUM LIMITED - News Release: Eastern Platinum Limited Clarifies Effective Trading Date for its Consolidated Common Shares

Release Date: 18/07/2014 16:04
Code(s): EPS     PDF:  
Wrap Text
News Release: Eastern Platinum Limited Clarifies Effective Trading Date for its Consolidated Common Shares

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

Trading Symbol: ELR (TSX) EPS (JSE)

NEWS RELEASE

EASTERN PLATINUM LIMITED CLARIFIES EFFECTIVE
TRADING DATE FOR ITS CONSOLIDATED COMMON SHARES

July 18, 2014, Vancouver, British Columbia – Eastern Platinum Limited (“Eastplats” or the “Company”)
(TSX: ELR; JSE: EPS) – Further to its news release of July 15, 2014, the Company wishes to announce
that its common shares will now commence trading on the Toronto Stock Exchange on a post split and
post consolidated basis at the market opening on Monday July 21, 2014, not Friday July 18, 2014 as
previously reported.

Pursuant to a special resolution passed by shareholders on June 12, 2014, the Company effected a
consolidation of its common shares on a 1,000 old for 1 new basis (the “Consolidation”) on July 15, 2014.
Shareholders holding less than one full share post-Consolidation are entitled to a cash payment of $0.11
(ZAR1.04) 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 immediately completed 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 achieved a 10 to 1 consolidation and eliminated all of the shareholdings of less than 1,000 pre-
Consolidation shares in exchange for the cash payment of $0.11 (ZAR1.04) per share.

Shareholders on the South African sub-register are advised that the JSE timetable relating to the
Consolidation and Stock Split, as previously announced on SENS, remains unchanged.

The Company’s CUSIP and ISIN numbers have changed to 276855509 and CA2768555096, while the
trading symbol remains unchanged.

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: 18/07/2014 04:04:00 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
 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.

Share This Story