Eastplats: Independent Proxy Advisor ISS Recommends That Shareholders Vote for Incumbent Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 21, 2016) - Eastern Platinum Limited (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") today reported that Institutional Shareholder Services Inc. ("ISS") has recommended that shareholders vote the YELLOW proxy FOR the incumbent directors of Eastplats.

ISS is a leading independent corporate governance and proxy advisory firm that provides proxy voting recommendations to institutional shareholders. The independent recommendations of ISS are intended to assist shareholders in making choices regarding proxy voting decisions.

ISS made its recommendation after carefully reviewing the public record and took note that one and possibly two dissidents have said they may contest the election. As neither of the dissidents has filed a definitive dissident proxy to date, ISS did not comment on the dissidents.

Eastplats urges shareholders to vote the YELLOW proxy FOR the incumbent board prior to the proxy voting deadline of 10:00 AM (Vancouver Time) on Thursday, June 30, 2016. The Annual General Meeting is scheduled for July 5, 2016. For more information, shareholders should read Eastplats' Management Information Circular, Shareholder Letter and related materials which are available on the company's website.

As outlined in detail in Eastplats' Management Information Circular, the incumbent board has delivered top-tier performance amid a challenging market for platinum. Eastplats and its shareholders have been well-served by the incumbent board of directors.

Eastplats notes that the incumbent board has a significant investment in Eastplats coupled with extensive experience in South Africa and Eastplats' South African platinum mining business. The interests of the incumbent board are aligned with shareholders.

Vote now to protect your investment in Eastplats. Your vote counts, no matter how many shares you own. Vote the YELLOW proxy FOR the incumbent board.

How to Vote

ACT NOW - The proxy voting deadline is 10:00 AM (Vancouver Time) on Thursday, June 30, 2016; however shareholders are encouraged to vote well in advance of the deadline to ensure their vote is counted.

For assistance voting your shares, please contact Eastplats' proxy solicitation agent, Laurel Hill Advisory Group toll free in North America at, 1-877-452-7184 (+1-416-304-0211 collect outside of North America), or by email at assistance@laurelhill.com.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.