Harrington Global Limited

March 16, 2015 18:42 ET

Harrington Global Limited Acquires Shares of Eastern Platinum Limited

TORONTO, ONTARIO--(Marketwired - March 16, 2015) - Harrington Global Limited ("Harrington") announced that it, on behalf of Harrington Global Opportunities Fund S.à.r.l. (the "Fund"), which it manages and advises, has acquired an aggregate of 2,683,800 common shares ("Common Shares") of Eastern Platinum Limited ("Eastern") today at an average price of $1.5446 per share in the open market (the "Acquisition").

As a result of the Acquisition, the Fund beneficially owns, and Harrington exercises control and direction over, an aggregate of 10,652,300 Common Shares, representing approximately 11.50% of Eastern's 92,639,032 issued and outstanding Common Shares.

This press release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters.

For additional information, or for a copy of the early warning report filed in respect of the above transactions, please contact Daniel Guy at 441-293-0960.

Contact Information

  • Daniel Guy
    441-293-0960