| Thu 11 Jun 2009, 8:43 | | EPS - Eastern Platinum Limited - Zwelakhe Sisulu appointed as director of |
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EPS
EPS
EPS - Eastern Platinum Limited - Zwelakhe Sisulu appointed as director of
Eastplats
EASTERN PLATINUM LIMITED
(Incorporated in Canada)
(Canadian Registration number BC0722783)
(South African Registration number 2007/006318/10)
Share Code TSX: ELR ISIN: CA2768551038
Share Code AIM: ELR ISIN: CA2768551038
Share Code JSE: EPS ISIN: CA2768551038
June 10, 2009
Trading Symbol: ELR (TSX & AIM) EPS (JSE)
NEWS RELEASE
ZWELAKHE SISULU APPOINTED AS DIRECTOR OF EASTPLATS
Mr. Ian Rozier, President and CEO of Eastern Platinum Limited ("Eastplats"
or the "Company") is pleased to announce that the Company`s shareholders
approved all of the resolutions put forward at the Annual General Meeting
on June 3, 2009 which included the appointment of Mr. Zwelakhe Sisulu as a
director of Eastplats.
Mr. Sisulu, 58, is a former Chairman of New Africa Investments Limited
(NAIL) and currently Chairman of Dirleton Minerals and Energy (Pty) Ltd. Mr
Sisulu is a prominent businessman involved in South Africa`s media, telecoms,
agri-business, manufacturing and energy sectors, as well as in the minerals
sector through his shareholding in Savannah Resources, which has an approximate
20% shareholding in Aquarius Platinum Limited. Mr. Sisulu also controls Gubevu
Consortium Investment, the Company`s Black Economic Empowerment ("BEE") partner
in Barplats Investments Ltd. which holds the Crocodile River Mine and the
Kennedy`s Vale Project, and Afriminerals (Proprietary) Limited, the Company`s
BEE partner in the Spitzkop Project. Mr. Sisulu graduated from the Nieman
Fellowship Program for journalism at Harvard University in 1985.
"We are delighted to have Mr. Sisulu joining the board of Eastplats.He
brings an outstanding combination of knowledge and experience to the Company
and having his expertise on the board will be a great asset to the Company`s
growth and development going forward", stated Ian Rozier.
Total shares issued and outstanding - 680,557,369
For further information, please contact:
EASTERN PLATINUM LIMITED
Ian Rozier, President & C.E.O.
+1-604-685-6851 (tel)
+1-604-685-6493 (fax)
info@eastplats.com
www.eastplats.com
NOMAD - Canaccord Adams Limited
Ryan Gaffney - Ryan.Gaffney@CanaccordAdams.com
+44 20 7050 6500
JSE SPONSOR - PSG Capital (Pty) Limited
Anje Gregory - anjeg@psgcapital.com
+27 21 887 9602
No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
Certain statements included herein constitute "forward-looking statements"
within the meaning of applicable Canadian securities legislation. These
forward-looking statements are based on certain assumptions by Eastplats
and as such are not a guarantee of future performance. Actual results could
differ materially from those expressed or implied in such forward-looking
statements due to factors such as general economic and market conditions,
increased costs of production and a decline in metal prices. Eastplats is
under no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except
as required by applicable laws.
Date: 11/06/2009 08:43:02 Produced by the JSE SENS Department.
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