Eastern Platinum Ltd. is pleased to report that it has filed its condensed interim consolidated financial statements for the three months ended March 31, 2022 and the corresponding management's discussion and analysis. Below is a summary of the Company's financial results for the first quarter of 2022 in comparison to the same respective period in 2021 : Revenue for Q1 2022 increased to $17.4 million , representing a 4.3 [...]
Eastern Platinum Ltd. is pleased to report that it has filed its Audited Consolidated Financial Statements for the fiscal year ended December 31, 2021 and the corresponding Management's Discussion and Analysis and Annual Information Form. Below is a summary of the Company's financial results for the fourth quarter of 2021 and for the fiscal year ended December 31, 2021 in comparison to the same respective periods in 2020 [...]
Eastern Platinum Ltd. and its subsidiary Barplats Mines Limited are pleased to announce the completion of the previously announced sale of the Maroelabult resource property with Eland Platinum Limited . The sales agreement provided for the sale of the mining rights, immovable property, infrastructure and equipment of the Maroelabult resource property located near Brits in South Africa, with Eland assuming all [...]
Eastern Platinum Ltd. announces that as at January 25, 2022, the project framework agreement between its subsidiary, Barplats Mines Ltd. and Advanced Beneficiation Technologies Proprietary Limited of South Africa has been terminated. As previously announced on July 22, 2020, the Agreement was entered into for the development and construction of a new modular plant with a capacity to process the platinum group metals from [...]
Eastern Platinum Ltd. is pleased to provide an updated corporate operations presentation, which is available for download at the Company's website . Furthermore, the Company is in the process of arranging an updated compliant independent technical report on the Crocodile River Mine in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, which will be filed for public disclosure in due [...]
Eastern Platinum Ltd. is pleased to report that it has filed its condensed interim consolidated financial statements and management's discussion and analysis for the three and nine months ended September 30, 2021. Below is a summary of the Company's financial results for the third quarter of 2021 and for the nine months ended September 30, 2021 in comparison to the same respective periods in 2020 : Revenue for Q3 2021 [...]
Eastern Platinum Ltd. is pleased to report the successful commissioning of the PGM main plant circuit B following completion of the refurbishment and upgrade work commenced since May of this year . Construction and pre-commissioning were completed in September and commercial production of PGM concentrates started from October 18 with planned dispatches to the Company's offtake partner scheduled from October 26. The [...]
Eastern Platinum Ltd. is pleased to report that it has filed its condensed interim consolidated financial statements and management's discussion and analysis for the three months and six months ended June 30, 2021. Below is a summary of the Company's financial results for the second quarter of 2021 and year-to-date 2021 in comparison to the same respective periods in 2020: Revenue for the three months ended June 30, 2021 [...]
Eastern Platinum Ltd. announces that it has granted 1,420,000 stock options to directors, officers, and employees of the Company that vest in 90 days. The options were granted for a term of five years and expire on June 23, 2026. Each option allows the holder to purchase one common share of Eastplats at an exercise price of CDN$0.34. About Eastern Platinum Limited Eastplats owns directly and indirectly a number of PGM and [...]
Eastern Platinum Ltd. announces that it, along with Eastplats Acquisition Co. Ltd and Eastern Platinum Holdings Limited, has agreed with the defendants and certain other parties to settle and dismiss the outstanding lawsuits filed in the British Columbia Supreme Court Action No. S-186503 and Action No. S-179666 and to settle certain related disputes. Details concerning these lawsuits were previously described in the [...]
Eastern Platinum Ltd. is pleased to announce that all of the nominees proposed as directors and listed in the management information circular dated April 30, 2021 were elected as directors of Eastplats at its annual general meeting of shareholders held on June 17, 2021 . At the Meeting, PricewaterhouseCoopers LLP were also re-appointed as auditors of Eastplats. Detailed results of the vote held at the Meeting are set out [...]
Eastern Platinum Ltd. is pleased to announce that the Supreme Court of Canada has declined to hear the appeal sought by 2538520 Ontario Limited of the decision rendered by the British Columbia Court of Appeal upholding the lower court's decision denying 253's application for leave to commence a derivative action against certain of Eastplat's current and former directors and officers in relation to the agreements entered [...]
