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ELR.TO ·

Eastplats Grants Stock Options

Share Capital & Compensation

1080 - 1188 West Georgia St.

Vancouver, BC Canada V6E 4A2

November 14, 2017

Trading Symbol: ELR (TSX); EPS (JSE)

NEWS RELEASE

EASTPLATS GRANTS STOCK OPTIONS

November 14, 2017, Vancouver, British Columbia – Eastern Platinum Limited (“ Eastplats” o r t he “ Company”)

announces that it has granted 800,000 stock options to Officers and Directors of the Company, that vest in 90 days.

The options were granted for 5 years, expiring November 9, 2022, and each stock option will allow the holder to

purchase one common share of Eastplats at an exercise price of CDN$0.32.

For further information, please contact:

EASTERN PLATINUM LIMITED

Rowland Wallenius, Chief Financial Officer and Corporate Secretary

[email protected] (email)

(604) 800-8200 (phone)

No stock exchange, securities commission or other regulatory authority has approved or disapproved the

information contained herein.

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