| Wed 22 Dec 2010, 15:53 | | EPS - Eastern Platinum Limited - Receipt Of The British Columbia Securities |
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EPS
EPS
EPS - Eastern Platinum Limited - Receipt Of The British Columbia Securities
Commission for the Filing of the Final Prospectus
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
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES
December 22, 2010
Trading Symbol: ELR (TSX & AIM) EPS (JSE)
S&P TSX Composite Index
NEWS RELEASE
RECEIPT OF THE BRITISH COLUMBIA SECURITIES COMMISSION FOR THE FILING OF THE
FINAL PROSPECTUS
Eastern Platinum Limited (the "Company") is pleased to report that it has
obtained a receipt on December 21, 2010 in connection with the filing of the
Company`s final short form prospectus dated December 20, 2010 in all provinces
of Canada (other than Quebec). The prospectus qualifies the distribution of
common shares of the Company for gross proceeds of Cdn.$302,250,000 (assuming no
exercise of the over-allotment option) announced on November 23, 2010.
The Company anticipates that the equity offering will close on or about December
30, 2010 subject to customary conditions.
Total shares issued and outstanding - 683,314,903
For further information, please contact:
Ian Rozier, President & C.E.O.
Tel: +1-604-685-6851
Fax: +1-604-685-6493
info@eastplats.com
www.eastplats.com
NOMAD:
Ryan Gaffney / Ryan Cohen
Canaccord Genuity Limited, London
Email: rgaffney@canaccordgenuity.com /rcohen@canaccordgenuity.com
Tel: +44 20 7050 6500
JSE SPONSOR:
Johan Fourie
PSG Capital (Pty) Limited
Email: johanf@psgcapital.com
Tel: +27 21 887 9602
No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
Cautionary Statement on Forward-Looking Information
Certain statements contained in this news release constitute forward-looking
statements including proposed closing date of the financing. Such forward-
looking statements involve a number of known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the Company`s plans to differ materially from any future
results, performance or achievements expressed or implied by such forward-
looking statements including market conditions. Readers are cautioned not to
place undue reliance on these forward-looking statements, which speak only as of
the date the statements were made, and readers are advised to consider such
forward-looking statements in light of the risks set forth in the Company`s
Annual Information Form dated March 31, 2010, a copy of which is available at
www.sedar.com.
This press release shall not constitute an offer to sell or a solicitation of an
offer to buy any securities in the United States. The securities have not been
registered under the U.S. Securities Act of 1933 and may not be offered or sold
in the United States absent registration or an exemption from the registration
requirements of the U.S. Securities Act of 1933.
Date: 22/12/2010 15:53:01 Produced by the JSE SENS Department.
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