Eastern Platinum Ltd. is pleased to report that it has filed its Q1 2020 condensed interim consolidated financial statements and management's discussion and analysis for the three month period ended March 31, 2020. Below is a summary of the Company's financial results for Q1 2020: Revenue increased to $14.2 million for Q1 2020 – 163% increase [...]
Eastern Platinum Ltd. is pleased to report that on May 1, 2020 South Africa moved from the level 5 lock-down restrictions to level 4 in their alert system in response to COVID-19. This change permits Barplats Mines Ltd., a subsidiary of Eastplats, to begin the process of recalling its remaining workforce located within the Province, that were on [...]
Eastern Platinum Ltd. is pleased to report that the Director General Mineral Resources of South Africa issued an essential services order pursuant to which it has authorized Eastplats' subsidiary, Barplats Mines Ltd., to operate its tailings retreatment project located at the Crocodile River Mine at a reduced capacity and to transport and export [...]
Eastern Platinum Ltd. is pleased to report that it has filed its Audited Consolidated Financial Statements for the years ending December 31, 2019 and 2018 and the corresponding Management's Discussion and Analysis and Annual Information Form. Below is a summary of the Company's financial results and highlights for the year ended December 31, 2019 [...]
Eastern Platinum Ltd. reports that the president of South Africa, Mr. Cyril Ramaphosa, has imposed a nation-wide twenty-one day lockdown to fight the Coronavirus outbreak. The lockdown will begin at midnight on March 26?in South Africa and end at midnight on April 16. Individuals will not be allowed to leave their homes except under strictly [...]
Eastern Platinum Ltd. is aware that a shareholder, 2538520 Ontario Limited , has issued a press release on March 2, 2020 containing incorrect, unproven, and speculative information concerning the Company, its directors and others. Derivative action On August 28, 2019, Justice Smith of the Supreme Court of British Columbia dismissed an application [...]
Eastern Platinum Ltd. is pleased to report that it has refurbished the small-scale platinum group metals Circuit D and has successfully produced PGM concentrate. The Company is utilizing the feed, following the recovery of Chrome concentrate, directly from the Retreatment Project located at the Company's Crocodile River Mine in South Africa . The [...]
Eastern Platinum Ltd. is pleased to report that it has filed its Q3 2019 condensed interim consolidated financial statements and management's discussion and analysis for the three and nine months ended September 30, 2019. Below is a summary of the Company's financial results for Q3 2019): Revenue from the Retreatment Project for three and nine [...]
Eastern Platinum Ltd. and its subsidiary Barplats Mines Limited are pleased to announce Barplats has entered into a sales agreement with Eland Platinum Limited . The Agreement provides for sale of the mining rights, immovable property, infrastructure and equipment of the Maroelabult resource property located near Brits in South Africa. The [...]
Eastern Platinum Ltd. announces the resignation of Nigel K. Dentoom from the board of directors of the Company on October 1, 2019 due to his increasing outside business responsibilities. George Dorin, Chairman of the Company, stated, "The Company and I thank Nigel for his contribution to the board of directors and we all wish him success in his [...]
Eastern Platinum Ltd. has been advised that a notice of appeal from the petitioner was filed on September 17, 2019 related to the attempt to begin a derivative action. The Company intends to oppose the appeal and seek to uphold the Court's earlier decision of a dismissal. Cautionary Statement Regarding Forward-Looking Information This press release [...]
Eastern Platinum Ltd. announces that it has received the written reasons for judgment of Mr. Justice Smith of the Supreme Court of British Columbia dismissing, with costs, the petition filed by 2538520 Ontario Limited, a shareholder of the Company, seeking leave to commence a derivative action on behalf of the Company against certain of its [...]
