Trading Symbol: ELR (TSX); EPS (JSE) Unless otherwise noted, all amounts are expressed in US dollars. Third Quarter Financial Results VANCOUVER, Nov. 14, 2016 /CNW/ - Eastern Platinum Ltd. ("Eastplats" or the "Company") is pleased to provide the following summary of its third quarter ended September 30, 2016 ("Q3 2016") financial results: Summary and Financial Highlights The Company reported a net loss of $3.99 million [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 27, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES Eastern Platinum Ltd. (the "Company") (TSX:ELR)(JSE:EPS) announces that it intends to complete a private placement financing (the "Offering") of approximately 18,435,360 common shares of the Company at a price of $0.56 per common share for aggregate gross proceeds of approximately [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 13, 2016) - Eastern Platinum Ltd. (TSX:ELR)(JSE:EPS) (the "Company") announces that the special resolution regarding the sale of Barplats Mines Limited, the Company's South African subsidiary, and intercorporate investments and loans, was not approved at the special meeting of shareholders held on October 12, 2016 (the "Meeting"). The stock option plan of the Company was [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 5, 2016) - Eastern Platinum Ltd. ("Eastplats" or the "Company") (TSX:ELR)(AIM:ELR)(JSE:EPS) is pleased to announce the appointment of Dr. Bielin Shi as a member of the board of directors of Eastplats. Dr. Shi is a Fellow of the Australasian Institute of Mining & Metallurgy and has over 30 years' experience in the global mining and metals industry. Dr. Shi is currently the [...]
All amounts expressed in US dollars VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 17, 2016) - Eastern Platinum Ltd. (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") is pleased to provide an update on its second quarter of 2016 results, as follows: Eastplats reported a net loss of $25.5 million ($0.24 per share) for the second quarter, after taking a $23.3 million impairment charge on its Crocodile River Mine [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 15, 2016) - Eastern Platinum Ltd. ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) is pleased to announce the appointment of Ms. Diana Hu as a member of the board of directors of Eastplats. Ms. Hu is also the President and Chief Executive Officer of the Company and has over 20 years' experience in the global mining and metals industry. Additionally, Mr. Peter Clausi has [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 27, 2016) - Eastern Platinum Ltd.'s ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) board of directors is pleased to announce that it has appointed, effective immediately, Ms. Diana Hu as the Company's full-time Chief Executive Officer. Ms. Hu has over 20 years' experience in the global mining and metals industry. Mr. Dorin, Eastplats' Chairman stated, "We are pleased to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 24, 2016) - The new board of directors and new management of Eastern Platinum Ltd. ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) continue to investigate the transactions undertaken and disclosed by prior management of the Company. On June 28, 2016, prior management of the Company disclosed that Eastplats had entered into an agreement with Hebei Zhongheng Tianda Platinum [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 15, 2016) - Eastern Platinum Ltd. ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) announces that David Li will assume the duties of Interim Chief Financial Officer of the Company. Mr. Li has over 20 years of international mining and financial management experience and holds an MBA from Thunderbird School of Global Management in Arizona, U.S. and an active CPA License in [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 7, 2016) - On July 4, 2016, the former management of Eastern Platinum Ltd. ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) announced that it had reached agreement with certain holders of minority interests to buy their interests in all the Company's projects, including but not limited to the Crocodile River Mine for a total of U.S.$13,366,609 (the "Acquisition"). On July [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 5, 2016) - Eastern Platinum Ltd. ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) is pleased to announce the election of a new board of directors following its annual general meeting (the "Meeting") held earlier today. The new board, comprised of Peter M. Clausi, Michael Cosic, George G. Dorin, Douglas G. Perkins, George Pirie and Sam Wang (the "Board"), consists entirely [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 4, 2016) - On June 28, 2016, Eastern Platinum Ltd. (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") announced that it had reached a definitive agreement with Hebei Zhongheng Tianda Platinum Co. Limited ("HZT"), a private company incorporated in the People's Republic of China ("PRC"), whereby HZT would acquire Crocodile River Mine, and associated intercorporate investments [...]