Eastern Platinum Miscellaneous high priority announcements


 
TIDMELR 
 
Miscellaneous high priority announcements 
FOR:  EASTERN PLATINUM LIMITED 
 
TSX, AIM SYMBOL:  ELR 
JSE SYMBOL:  EPS 
 
May 8, 2014 
 
Eastern Platinum Limited Announces Proposed Delisting From Aim, Annual General and Special Meeting Notification, and 
Proposed Share Consolidation and Subdivision 
 
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 8, 2014) - Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) 
("Eastplats" or the "Company") today gives notice in accordance with regulatory requirements, that it has mailed out its 
Management Proxy Circular, Notice of Meeting and related proxy materials on May 7, 2014, in connection with the 
Company's annual general and special meeting ("AGM") to be held on June 12, 2014 at 10:00 A.M. (Vancouver time) in the 
Erickson Room, lobby level, 1075 West Georgia Street, Vancouver, British Columbia, Canada. Copies of these documents are 
available during normal business hours on weekdays (except public holidays) free of charge from the Company's office at 
Suite 250 - 1075 West Georgia Street, Vancouver, British Columbia, Canada. In addition, these documents are available on 
the SEDAR website at www.sedar.com and on the Company's website at www.eastplats.com. 
 
The resolutions to be proposed at the AGM include, inter alia, resolutions to seek shareholder approval to delist the 
Company's shares from trading on the AIM market of the London Stock Exchange ("AIM") and a resolution to effect a share 
consolidation and subdivision. 
 
AIM Delisting 
 
When the Company's Shares were admitted to trading on AIM, the Company was hopeful that an active market for its Shares 
would evolve. This has not proved to be the case and the great majority of the trading in the Company's Shares has been 
in Canada on the Toronto Stock Exchange ("TSX"). 
 
Due to the low volume in trading of the Company's Shares on AIM compared to the regulatory and financial commitment 
required to maintain an AIM listing, the Board considers it in the best interest of the Company to seek the cancellation 
of its Shares from trading on AIM. The relatively low profile of the Company and inactive trading on AIM do not, in the 
Board's view, justify the financial and management costs associated with maintaining an AIM listing. 
 
The Board believes that shareholders currently trading or holding AIM-quoted shares will not be materially prejudiced by 
the proposed cancellation of the AIM quotation, given that shareholders will continue to be able to trade their Shares 
on both the TSX and the Johannesburg Stock Exchange ("JSE"). For those not familiar with the Canadian securities 
regulatory system, public information on the Company will be accessible through www.sedar.com, an independent website on 
which all regulatory filings must be made and through the Company's website. 
 
In order to be passed in accordance with the AIM Rules for Companies, at least three-quarters (75%) of the votes cast at 
the Meeting by Shareholders in person or by proxy must be voted in favour of the AIM Delisting Resolution. Should the 
AIM Delisting Resolution be approved, it is anticipated that the last day of dealings for the Company's common shares on 
AIM will be June 19, 2014 with, cancellation of the admission of the Common Shares on AIM occurring at 7:00 a.m. (London 
time) on June 20, 2014. Pursuant to Rule 41 of the AIM Rules, the Company has notified the London Stock Exchange of the 
date of the Cancellation. Prior to the Cancellation Date, shareholders may continue to trade their securities on AIM. 
Whilst shareholders that have their shares deposited with CREST Depositary Interest ("CDI") will not be required to move 
their holdings from CREST until such time as they wish to trade their CDIs or transfer them to the Canadian Depositary 
System ("CDS"), the Company encourages shareholders to migrate their holdings of common shares to the Canadian 
shareholder register. CDI holders wishing to transfer their position should contact their broker or independent 
professional adviser for the procedure to follow. 
 
Share Consolidation and Subdivision 
 
At the AGM, shareholders will also be asked to consider and, if thought fit, to adopt a special resolution (the 
"Consolidation and Subdivision Resolution") to: 
 
/T/ 
 
(a)  consolidate (the "Consolidation") all of the issued and outstanding 
     common shares of the Company (the "Pre-Consolidation Shares") on the 
     basis of one (1) new common share (a "Consolidated Share") for each one 
     thousand (1,000) Pre-Consolidation Shares; 
 
(b)  purchase for cancellation all of the fractional shares held by any 
     shareholder who holds less than one (1) Consolidated Share, by payment 
     in cash; and 
 
(c)  to subsequently subdivide or split (the "Subdivision") all of the 
     Consolidated Shares on the basis of one hundred (100) new common shares 
     (the "New Common Shares") for each whole Consolidated Share being 
     subdivided. 
 
/T/ 
 
As a result of the above, any shareholder holding less than 1,000 Pre-Consolidation Shares will be entitled to receive a 
cash payment for equal to that number of Pre-Consolidated Shares multiplied by an amount equal to the average weighted 
trading price of the Pre-Consolidated Shares on the TSX for the ten trading days preceding the effective date of the 
Consolidation. 
 
Upon the Consolidation and Subdivision being completed, the Company's transfer agent will, as soon as practicable, allow 
shareholders to exchange their share certificates representing Pre-Consolidation Shares for a certificate representing 
the appropriate number of New Common Shares. 
 
It is currently envisaged that the New Common Shares will commence trading on the TSX and the JSE on June 27, 2014. 
 
Total shares issued and outstanding: 928,187,807 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Eastern Platinum Limited 
Investor Relations 
1-(604)-685-6851 
1-(604)-685-6493 (FAX) 
info@eastplats.com 
www.eastplats.com 
 
OR 
 
NOMAD: 
Neil Elliot, Damien Hackett 
Canaccord Genuity Limited, London 
+44 (0) 207 523 8000 
 
OR 
 
JSE SPONSOR: 
Johan Fourie 
PSG Capital (Pty) Limited 
+27 21 887 9602 
johanf@psgcapital.com 
 
 
 
Eastern Platinum Limited
Eastern Plat (LSE:ELR)
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