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EASTERN PLATINUM LIMITED - Eastplats Responds To Lawsuit Filed By Hebei Zhongheng Tianda Platinum Co. Limited

Release Date: 24/01/2017 08:30
Code(s): EPS     PDF:  
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Eastplats Responds To Lawsuit Filed By Hebei Zhongheng Tianda Platinum Co. Limited

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

January 24, 2017
Trading Symbol: ELR (TSX); EPS (JSE)

                                               NEWS RELEASE

            EASTPLATS RESPONDS TO LAWSUIT FILED BY HEBEI ZHONGHENG TIANDA PLATINUM CO. LIMITED

January 24, 2017, Vancouver, British Columbia – Eastern Platinum Limited (“Eastplats” or the “Company”)
announces that it has filed its response to the notice of civil claim filed by Hebei Zhongheng Tianda Platinum Co.
Limited (“HZT”) referred to in the Company’s press release dated December 9, 2016. In its response, the Company
is seeking to have the HZT claim dismissed with costs against 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 lawsuit and the Company’s request for
dismissal of the lawsuit and costs against 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 publically 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.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

JSE Sponsor: PSG Capital Proprietary Limited

Date: 24/01/2017 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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