| Tue 25 Oct 2011, 15:19 | | EPS - Eastern Platinum Limited - Managing director of Barplats resigns |
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EPS
EPS
EPS - Eastern Platinum Limited - Managing director of Barplats resigns
EASTERN PLATINUM LIMITED
(Incorporated in Canada)
(Canadian Registration number BC0722783)
(South African Registration number 2007/006318/10)
Share Code TSX: ELR ISIN: CA 2768551038
Share Code AIM: ELR ISIN: CA 2768551038
Share Code JSE: EPS ISIN: CA 2768551038
October 25, 2011
Trading Symbol: ELR (TSX & AIM) EPS (JSE)
NEWS RELEASE
MANAGING DIRECTOR OF BARPLATS RESIGNS
Mr Ian Rozier, President and CEO of Eastern Platinum Limited ("Eastplats" or the
"Company") reports that the Company has accepted the resignation of Wayne
Robinson as Managing Director of Barplats Mines, the Company`s operating
subsidiary in South Africa. Wayne has been managing the Eastplats operations in
South Africa since 2006 and with the support of senior and executive management
of the company, has contributed to the successful operational turnaround of the
Crocodile River Mine and an improved safety record. Wayne has indicated that he
will be pursuing new business interests. The Company acknowledges his efforts
over the last 5 years and wishes him good fortune in his future endeavours. The
Company has commissioned a search for a replacement for the group`s operations
in South Africa.
Total shares issued and outstanding: 908,187,807
For further information contact:
Investor Relations
Website: www.eastplats.com
Email: info@eastplats.com
Tel: +1-(604)-685-6851, Fax: +1-(604)-685-6493
NOMAD:
Bhavesh Patel
Canaccord Genuity Limited, London
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 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 therefore,
readers are cautioned that forward-looking statements are not a guarantee of
future performance. There can be no assurance that such statements will prove to
be accurate and 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, changes in government legislation, controls,
regulations and political developments.
The Company disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future events
or otherwise, except to the extent required by applicable laws.
Date: 25/10/2011 15:19:02 Produced by the JSE SENS Department.
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