Eastern Platinum Ltd. T.ELR

Alternate Symbol(s): ELRFF

Eastern Platinum Limited owns directly and indirectly a number of platinum group metals (PGM) and chrome assets in the Republic of South Africa. It is engaged in re-mining and processing of tailings at the Crocodile River Mine (CRM) and the exploration and development of other PGM and chrome properties located in various provinces in South Africa. All of the Company's properties are situated on the western limb (Crocodile River Mine) and eastern limb (Kennedy's Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts approximately 80% of the PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam. Its six PGMs are platinum, palladium, rhodium, osmium, iridium and ruthenium. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers northeast of Johannesburg.

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Eastern Platinum Ltd.

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Comment by GoldenDilemmaon Oct 01, 2016 4:09pm

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Post# 25298716

RE:RE:RE:RE:RE:RE:RE:RE:RE:KaAn and Board Intentions

Explain your logic, Lakemath. Let me remind you of this:

https://www.newswire.ca/news-releases/k2-principal-fund-lp-to-vote-against-the-incumbent-board-of-eastern-platinum-at-the-companys-annual-general-meeting-584922541.html

the issues K2 raised concerning this sale are still as relevant now as they were then.

the other possibility entirely, which again is as speculative as anything before, is KA does not want sale to go through + they are not releasing special report for assets - because they have a bid for them.

but at this point, we're in the dark on this one.

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