Eastern Platinum Limited Grants Stock Options
1080 - 1188 West Georgia St.
Vancouver, BC Canada V6E 4A2
NEWS RELEASE
EASTERN PLATINUM LIMITED GRANTS STOCK OPTIONS
Vancouver, British Columbia, July 3, 2024 – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) (“Eastplats”
or the “ Company”) announces that it has granted 4,190,000 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 July 2, 2029. Each option allows the holder to purchase one common share of Eastplats at an
exercise price of CDN$0.20.
About Eastern Platinum Limited
Eastplats owns directly and indirectly a number of PGM and chrome assets in the Republic of South Africa.
All of the Company’s properties are situated on the western limb (Crocodile River Mine) and eastern limb
(Kennedy’s Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts
approximately 80% of the world’s PGM-bearing ore.
Operations at the Crocodile River Mine currently include re-mining and processing its tailings resource from
the Barplats Zandfontein tailings dam and mining and processing ore from the Zandfontein underground
section to both produce PGM and chrome concentrates.
For further information, please contact:
EASTERN PLATINUM LIMITED
Wylie Hui, Chief Financial Officer & Corporate Secretary
[email protected] (email)
(604) 568-8200 (phone)
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward -looking statements” or “forward -looking information” (co llectively
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 “wi ll”, “plan”, “intends”, “may”,
“will”, “could”, “expects”, “anticipates” and similar expressions. Further disclosure of the risks and
uncertainties facing the Company and other forward -looking statements are discussed in the Company’s
Annual Information Fo rm and Management’s Discussion and Analysis which are available under the
Company’s profile on www.sedarplus.ca.
In particular, this press release contains forward-looking statements pertaining to the vesting and expiry of
options issued by the Company. 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 th ese 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 publicly update
or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
No stock exchange, secu rities commission or other regulatory authority has approved or
disapproved the information contained herein.