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Eastern Platinum Ltd. T.ELR

Alternate Symbol(s):  ELRFF

Consumer Cyclical Metals & Mining Industrial Metals & Minerals
Eastern Platinum Limited owns directly and indirectly a number of platinum group metals (PGM) and chrome assets in the Republic of 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 world’s PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource from the Barplats Zandfontein tailings dam and mining and processing ore from the Zandfontein underground section to both produce PGM and chrome concentrates. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers (km) northeast of Johannesburg. Mareesburg is an open-cut PGM project on a 2,129- hectares area in the southern part of the eastern limb of the Bushveld Complex, in the Limpopo Province of South Africa.


TSX:ELR - Post by User

Eastern Platinum Ltd.
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Comment by GoldMan22on Dec 30, 2010 10:53am
640 Views
Post# 17906076

RE: Nice to See RJ pick up

RE: Nice to See RJ pick uphttps://www.kitco.com/pr/1267/article_12302010093724.pdf


Eastern Platinum Limited (the “Company”) is pleased to announce that it has completed its previously

announced Cdn.$347,587,500 equity financing (the “Offering”). A total of 224,250,000 common shares,

including the exercise of the full over-allotment option, has been issued today at a price of C$1.55 per share

to a syndicate of underwriters led by Canaccord Genuity Corp. and UBS Securities Canada Inc., and

including GMP Securities LP, Goldman Sachs Canada Inc., Raymond James Ltd. and Paradigm Capital Inc.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities