Eastern Platinum Limited
LSE : ELR

March 13, 2012 03:00 ET

Eastern Platinum Limited: Grant of Stock Options to Directors

FOR:  EASTERN PLATINUM LIMITED
 
TSX, AIM SYMBOL:  ELR
JSE SYMBOL:  EPS

March 13, 2012

Eastern Platinum Limited: Grant of Stock Options to Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 13, 2012) - Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) (the "Company") - 

The Company announced today that on March 8, 2012, stock options ("options") were granted to the following members of the Board of Directors:

/T/

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Director             Number of Options      Strike Price     Expiration date
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Ian Rozier                   2,000,000            C$0.60           8/03/2017
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John Andrews                 1,500,000            C$0.60           8/03/2017
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Gordon Keep                    298,000            C$0.60           8/03/2017
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John Hawkrigg                  298,000            C$0.60           8/03/2017
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Merfyn Roberts                 298,000            C$0.60           8/03/2017
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Robert Gayton                  298,000            C$0.60           8/03/2017
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Zwelakhe Sisulu                298,000            C$0.60           8/03/2017
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/T/

The options are exercisable on or before March 8, 2017 at a strike price of C$0.60 per ordinary share.

Total shares issued and outstanding: 928,187,807


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FOR FURTHER INFORMATION PLEASE CONTACT:

Eastern Platinum Limited
Investor Relations
604-685-6851
604-685-6493 (FAX)
info@eastplats.com
www.eastplats.com

OR

NOMAD:
Canaccord Genuity Limited, London
Rob Collins/Bhavesh Patel
+44-20-7050-6500

OR

JSE SPONSOR:
PSG Capital (Pty) Limited
Johan Fourie
+27-21-887-9602
johanf@psgcapital.com

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Contact Information

  • Eastern Platinum Limited