Eastplats Announces Voting Results of Its Annual General and Special Meeting of Shareholders
1080 - 1188 West Georgia St.
Vancouver, BC Canada V6E 4A2
NEWS RELEASE
EASTPLATS ANNOUNCES VOTING RESULTS OF ITS ANNUAL GENERAL AND SPECIAL
MEETING OF SHAREHOLDERS
Vancouver, British Columbia, June 18, 2025 – Eastern Platinum Limited (TSX: ELR)(JSE: EPS) (“Eastplats”
or the “ Company”) announces the voting results of the Company’s 202 5 Annual General and Special
Meeting of Shareholders held on June 1 7, 2025 (the “Meeting”). A total of 122,533,921 common shares
were voted at the Meeting, representing 60.51% of the votes attached to all the outstanding common shares
of the Company.
Detailed results of the vote held at the Meeting are set out below:
Business Outcome of
Vote
Votes For Votes
Against
Votes
Withheld
1. To set the number of Directors
at 5
Approved
122,379,825
(99.87%)
154,096
(0.13%)
2. Resolution electing:
(a) Dr. Bielin Shi; Approved 10,654,809
(8.82%)
110,153,359
(91.18%)
(b) Xin (Alex) Guan; Approved 120,579,533
(99.81%)
228,635
(0.19%)
(c) Changyu (Charlie) Liu; Approved 120,573,767
(99.81%)
234,401
(0.19%)
(d) Lisa Ng; and Approved 120,584,083
(99.82%)
224,085
(0.18%)
(e) Eason Cong Chen Approved 120,573,667
(99.81%)
234,501
(0.19%)
as directors of the Company.
3. Resolution appointing
Davidson & Company LLP, as
auditors of the Company for
the ensuing year and
authorizing the directors of the
Company to fix their
remuneration.
Approved 122,360,473
(99.86%)
173,447
(0.14%)
4. Resolution approving the
unallocated options, rights and
other entitlements issuable
under the Company’s Stock
Option Plan for a further three
years.
Approved 120,155,919
(99.46%)
652,249
(0.54%)
Based on the voting results, all of the nominees proposed as directors and listed in the management
information circular dated May 6, 2025 (the “Circular”) were elected as directors of Eastplats at the Meeting
in accordance with applicable corporate law.
However, one director, Dr. Bielin Shi, had more votes withheld than were voted in their favour of their
appointments to the Board. As a result, in accordance with the Company's Majority Voting Policy (the
"Policy"), Dr. Shi has tendered his resignation from the Board of Directors of the Company (the “Board”),
effective upon acceptance by the Board. The Board will refer such resignations to the Corporate
Governance and Compensation Committee (the " Committee") for consideration on whether or not to
accept the resignations submitted by Dr. Shi. In accordance with the Policy, the Board shall accept such
resignation unless the Committee determines that there are exceptional circumstances relating to the
composition of the Board or the voting results that should delay the acceptance of such resignation or justify
rejecting such resignation. The Board will issue a news release with its decision.
At the Meeting, the unallocated options, rights or other entitlements issuable under Eastplats’ Stock Option
Plan have been authorized for three further years and Davidson & Company LLP was also re-appointed as
auditors of Eastplats.
For further information, please contact:
EASTERN PLATINUM LIMITED
Wylie Hui, Chief Financial Officer and Corporate Secretary
[email protected] (email)
(604) 568-8200 (phone)
No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein.