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Half-year Report

2017-05-15 londonstockexchange
Lonmin Plc ("Lonmin" or "the Company") today publishes its Interim Results for the period ended 31 March 2017. Lonmin has published today its Q2 Production Report in a separate announcement. Lonmin also announces today conditional acquisition of the remaining 7.5% of the Pandora JV to take its equity to 100%.

Lonmin acquires remaining 7.5% stake in Pandora

2017-05-15 londonstockexchange
Lonmin Plc ("Lonmin" or "the Company") is pleased to announce that, on 13 May 2017, it entered into a conditional Sale and Purchase Agreement to acquire Mvelaphanda Resources Proprietary Limited's ("Mvelaphanda") 7.5% equity interest in the Pandora Joint Venture ("Pandora JV") for a cash payment of R45.565 million (the "Transaction"). Mvelaphanda is a wholly owned subsidiary of Northam Platinum Limited ("Northam").

Eastplats to Seek Order to Strike Application in South Africa Related to 2007 Agreement

2017-03-20 marketwired
Eastern Platinum Limited (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") announces that it has taken steps to oppose and have struck as frivolous and vexatious, a claim recently filed in South Africa made by Alpha Global Capital Inc. ("Alpha Global").

Beginning And End Of South African Platinum Operations Presents Opportunities

2016-12-14 seekingalpha
Platinum Group Metals appears to be struggling in its efforts to issue $150 million in debt to continue funding its development operations.

Final Results

2016-11-14 londonstockexchange
Lonmin Plc, ("Lonmin" or "the Group"), one of the world's largest primary Platinum producers, today publishes its Final Results for the year ended 30 September 2016.

Lonmin acquires a further 42.5% stake in Pandora

2016-11-11 londonstockexchange
Lonmin Plc ("Lonmin") is pleased to announce that, on 10 November 2016, it entered into a conditional Sale and Purchase Agreement to acquire Anglo American Platinum's ("AAP") 42.5% of the Pandora Joint Venture ("Pandora JV") for a deferred cash payment of 20% of the distributable free cash flows generated by the Pandora E3 operations on an annual basis for a period of six years, subject to a minimum deferred consideration of R400 million (in nominal terms) in total (the "Transaction").

Eastern Platinum Limited Announces Investment by Way of Private Placement

2016-10-27 marketwired
Eastern Platinum Limited (the "Company") (TSX:ELR)(JSE:EPS) announces that it intends to complete a private placement financing (the "Offering") of approximately 18,435,360 common shares of the Company at a price of $0.56 per common share for aggregate gross proceeds of approximately $10,323,801.60. The common shares to be issued under the Offering will represent approximately 19.9% of the issued and outstanding common shares of the Company prior to completion of the Offering.

Eastern Platinum Limited Announces the Results of the Special Meeting of Shareholders

2016-10-13 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 13, 2016) - Eastern Platinum Limited (TSX:ELR)(JSE:EPS) (the "Company") announces that the special resolution regarding the sale of Barplats Mines Limited, the Company's South African subsidiary, and intercorporate investments and loans, was not approved at the special meeting of shareholders held on October 12, 2016 (the "Meeting"). The stock option plan of the Company was approved by shareholders at the Meeting.

Contrary to Their Names, New First Trust Copper, Platinum ETFs Not Physically Backed

2016-09-18 seekingalpha
First Trust launched two new ETFs on March 12: First Trust ISE Global Platinum Index Fund (NASDAQ:PLTM) and First Trust ISE Global Copper Index Fund (NASDAQ:CU). Their names sound like they are commodity ETFs, and perhaps even physically-backed commodity ETFs. However, they are equity funds that invest in stocks. First Trust probably should have added “producers,” “miners,” or “equity” to the names to avoid confusion.

Eastplats Announces Appointment of New Director

2016-09-05 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 5, 2016) - Eastern Platinum Limited ("Eastplats" or the "Company") (TSX:ELR)(AIM:ELR)(JSE:EPS) is pleased to announce the appointment of Dr. Bielin Shi as a member of the board of directors of Eastplats. Dr. Shi is a Fellow of the Australasian Institute of Mining & Metallurgy and has over 30 years' experience in the global mining and metals industry.

Eastern Platinum Limited Reports Second Quarter 2016 Results

2016-08-17 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 17, 2016) - Eastern Platinum Limited (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") is pleased to provide an update on its second quarter of 2016 results, as follows:

Eastplats Announces Appointment of New Director

2016-08-15 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 15, 2016) - Eastern Platinum Limited ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) is pleased to announce the appointment of Ms. Diana Hu as a member of the board of directors of Eastplats. Ms. Hu is also the President and Chief Executive Officer of the Company and has over 20 years' experience in the global mining and metals industry.

Harrington Global Disposes of Common Shares of Eastern Platinum Limited

2016-08-08 marketwired
TORONTO, ONTARIO--(Marketwired - Aug. 8, 2016) - Harrington Global Limited ("Harrington") announced that it, on behalf of Harrington Global Opportunities Fund S.à.r.l., which it manages and advises (the "Fund"), has disposed of an aggregate of 9,356,542 common shares ("Common Shares") of Eastern Platinum Limited ("ELR"), representing approximately 10.1% of ELR's outstanding shares, at a price of $1.

Eastplats Announces Appointment of New Chief Executive Officer

2016-07-28 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Eastern Platinum Limited's ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) board of directors is pleased to announce that it has appointed, effective immediately, Ms. Diana Hu as the Company's full-time Chief Executive Officer. Ms. Hu has over 20 years' experience in the global mining and metals industry.

Eastplats Provides Update on Previously Announced

2016-07-25 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 24, 2016) - The new board of directors and new management of Eastern Platinum Limited ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) continue to investigate the transactions undertaken and disclosed by prior management of the Company.

Eastplats Announces Appointment of Interim Chief Financial Officer

2016-07-15 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 15, 2016) - Eastern Platinum Limited ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) announces that David Li will assume the duties of Interim Chief Financial Officer of the Company. Mr. Li has over 20 years of international mining and financial management experience and holds an MBA from Thunderbird School of Global Management in Arizona, U.S. and an active CPA License in Illinois, U.

Eastplats Investigates Previously Announced Transaction

2016-07-08 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 7, 2016) - On July 4, 2016, the former management of Eastern Platinum Limited ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) announced that it had reached agreement with certain holders of minority interests to buy their interests in all the Company's projects, including but not limited to the Crocodile River Mine for a total of U.S.$13,366,609 (the "Acquisition").

Eastplats Announces Results of Shareholder Meeting, Plans Going Forward

2016-07-05 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 5, 2016) - Eastern Platinum Limited ("Eastplats" or the "Company") (TSX:ELR)(JSE:EPS) is pleased to announce the election of a new board of directors following its annual general meeting (the "Meeting") held earlier today. The new board, comprised of Peter M. Clausi, Michael Cosic, George G. Dorin, Douglas G. Perkins, George Pirie and Sam Wang (the "Board"), consists entirely of directors nominated by Ka An Development Co.

Eastplats Reaches Agreement with Minority Interest Partners

2016-07-05 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 4, 2016) - On June 28, 2016, Eastern Platinum Limited (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") announced that it had reached a definitive agreement with Hebei Zhongheng Tianda Platinum Co. Limited ("HZT"), a private company incorporated in the People's Republic of China ("PRC"), whereby HZT would acquire Crocodile River Mine, and associated intercorporate investments and loans, for total consideration of US$50 million (the "Acquisition").

BRIEF-Hebei Zhongheng Tianda Platinum Co to purchase Crocodile River Mine

2016-06-28 reuters
* Eastern Platinum says Hebei Zhongheng Tianda Platinum will acquire Co's South African unit, Barplats Mines Limited, which holds Crocodile River Mine

Hebei Zhongheng Tianda Platinum Co. Limited to Purchase the Crocodile River Mine

2016-06-28 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 28, 2016) - Eastern Platinum Limited (TSX:ELR) (JSE:EPS) ("Eastplats" or the "Company") today announced that it has reached a definitive agreement with Hebei Zhongheng Tianda Platinum Co. Limited ("HZT"), a private company incorporated in the People's Republic of China ("PRC"), whereby HZT will acquire the Company's South African subsidiary, Barplats Mines Limited, which holds the Crocodile River Mine, and associated intercorporate investments and loans, for total consideration of US$50 million payable in cash on closing (the "Acquisition").

Eastplats: Independent Proxy Advisor ISS Recommends That Shareholders Vote for Incumbent Directors

2016-06-21 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 21, 2016) - Eastern Platinum Limited (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") today reported that Institutional Shareholder Services Inc. ("ISS") has recommended that shareholders vote the YELLOW proxy FOR the incumbent directors of Eastplats.

EASTERN PLATINUM LIMITED – Eastplats: Dissident Ka Ans Nominees Have Poor Track Records - Moneyweb

2016-06-09 moneyweb.co.za
EASTERN PLATINUM LIMITED (Incorporated in Canada) (Canadian Registration number BC0722783) (South African Registration number 2007/006318/10) Share Code TSX: ELR ISIN: CA2768555096 Share Code JSE: EPS ISIN: CA2768555096

Eastplats: Dissident Ka An's Nominees Have Poor Track Records

2016-06-08 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 8, 2016) - Eastern Platinum Limited (TSX:ELR)(JSE:EPS) ("Eastplats" or the "Company") today reported on the collectively poor track record of the six candidates nominated by dissident Ka An Development Co. Limited ("Ka An"), which seeks to replace Eastplats' board of directors.

Eastern Platinum Ltd. Files Management Information Circular Urging Shareholders to Vote for Incumbent Board of Directors at Annual General Meeting

2016-05-31 marketwired
- Eastplats' has no debt and has never diluted shareholders with an equity raise at distressed prices