Eastern Platinum Limited

LSE : ELR


January 10, 2013 10:14 ET

Eastern Platinum Limited: Grant of Stock Options to Directors

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

January 10, 2013

Eastern Platinum Limited: Grant of Stock Options to Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2013) - Eastern Platinum Limited (the "Company") (TSX:ELR)(AIM:ELR)(JSE:EPS) -

The Company announced today that on January 8, 2013, 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                   5,000,000           C$0.19         01/08/2018
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John Andrews                 3,500,000           C$0.19         01/08/2018
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David Cohen                  1,400,000           C$0.19         01/08/2018
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Gordon Keep                  1,000,000           C$0.19         01/08/2018
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Merfyn Roberts               1,000,000           C$0.19         01/08/2018
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Robert Gayton                1,000,000           C$0.19         01/08/2018
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/T/

The options are exercisable on or before January 8, 2018 at a strike price of C$0.19 per ordinary share.

Total shares issued and outstanding: 928,187,807


-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Eastern Platinum Limited
Investor Relations
1-(604)-685-6851
1-(604)-685-6493 (FAX)
info@eastplats.com
www.eastplats.com

OR

NOMAD:
Rob Collins
Canaccord Genuity Limited, London
+44 (0) 207 523 8000

OR

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

Contact Information

  • Eastern Platinum Limited