VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 8, 2016) - Eastern Platinum Ltd. (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") today reported on the collectively poor track record of the six candidates nominated by dissident Ka An Development Co. Limited ("Ka An"), which seeks to replace Eastplats' board of directors. "The history and experience disclosed by the Ka An nominees highlights their association with a [...]
- Eastplats' has the right strategy and a cash balance to support it - Eastplats' has no debt and has never diluted shareholders with an equity raise at distressed prices - Eastplats' performance is in the top tier of platinum producers - Eastplats' incumbent Directors are more experienced, better qualified and collectively own more shares than the dissident nominees VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 31 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 4, 2016) - Eastern Platinum Ltd. (the "Company") (TSX:ELR)(JSE:EPS) is pleased to announce that the Ontario Superior Court of Justice issued a decision on March 31, 2016, dismissing the application for leave to commence a proposed securities class action brought by the law firm Siskinds LLP. The application was originally filed in June 2011 against Eastern Platinum, a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 1, 2016) - Eastern Platinum Ltd. (the "Company") (TSX:ELR)(JSE:EPS) announces that Ian Rozier will be stepping down as President and Chief Executive Officer of the Company effective January 31, 2016. Ian will remain as a director of the Company. David Cohen, Chairman of the Company, will henceforth also serve as President and CEO. "Ian has led Eastplats since its inception [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 9, 2015) - Eastern Platinum Ltd. (the "Company" or "Eastplats") (TSX:ELR)(JSE:EPS) reports, further to its news release of October 22, 2015, that it has sought clarification from Hebei Zhongbo Platinum Co. Limited ("HZP") as to the validity of statements made by Beijing Hehe Fengye Investment Co. Ltd. ("Beijing Hehe") in its press release of October 21, 2015 (the "Beijing [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 22, 2015) - Eastern Platinum Ltd. ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) responds to the news release made by Beijing Hehe on October 21, 2015 wherein Beijing Hehe purports to be a significant shareholder of Hebei Zhongbo Platinum Co. Limited ("HZP") and has stated that the transaction between Eastplats and HZP will not proceed. In the Release, Beijing Hehe makes [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 16, 2015) - Eastern Platinum Ltd. (the "Company") (TSX:ELR)(JSE:EPS) is pleased to announce that the Competition Authorities of South Africa have granted unconditional approval for the transaction whereby Hebei Zhongbo Platinum Co. Limited ("HZP") is to acquire the Company's entire platinum group metals ("PGM") business and all investments and loan agreements that Eastplats [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 11, 2015) - Eastern Platinum Ltd. (TSX:EPS)(JSE:EPS) ("Eastplats" or the "Company") is pleased to announce the voting results of its 2015 Annual General and Special Meeting (the "Meeting") held today. Fix number of Directors The ordinary resolution fixing the number of directors at 6 was approved. Shareholders present in person or represented by proxy at the Meeting voted as [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 10, 2015) - Further to its news release of June 8, 2015, Eastern Platinum Ltd. (TSX:ELR)(JSE:EPS) (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 [...]
Eastern Platinum announces that the TSX has accepted the Company's request for an extension to the holding of the 2015 Annual General Meeting provided that such AGM is held on or before September 11, 2015. The extension was requested by the Company as it was felt to be in the best interests of shareholders to postpone the AGM until following the completion of the initial transaction with Hebei Zhongbo Platinum Co. Limited [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 8, 2015) - Eastern Platinum Ltd. (TSX:ERL)(JSE:EPS) ("Eastplats" or the "Company") announces that it has reached an agreement in principal with Hebei Zhongbo Platinum Co. Limited ("HZP") to restructure the transaction whereby HZP is to acquire the Company's entire platinum group metal ("PGM") business and all investments and loan agreements that Eastplats has with its [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 9, 2015) - Eastern Platinum Ltd. (TSX:ERL)(JSE:EPS) ("Eastplats" or the "Company") is pleased to announce that both Hebei Zhongbo Platinum Co. Limited ("Hebei") and Eastplats have met their contractual obligations to lodge the break fees of US$11.25 million each with the escrow agent as required under the terms of the share purchase agreements (the "SPAs") whereby Hebei [...]
