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Trading Symbol: ELR (TSX); EPS (JSE)
VANCOUVER,
June 18, 2019 /CNW/ - Eastern
Platinum Limited ("Eastplats" or the "Company")
announces that it has granted 1,800,000 stock options to directors
and officers of the Company that vest in 90 days. The options were
granted for a term of five years, and expire on June 13, 2024. Each option allows the
holder to purchase one common share of Eastplats at an exercise
price of CDN$0.21.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains "forward-looking statements"
or "forward-looking information" (collectively referred to herein
as "forward-looking statements") within the meaning of
applicable securities legislation. Such forward-looking
statements include, without limitation, forecasts, estimates,
expectations and objectives for future operations that are subject
to a number of assumptions, risks and uncertainties, many of which
are beyond the control of the Company. Forward-looking
statements are statements that are not historical facts and are
generally, but not always, identified by the words "will", "plan",
"intends", "may", "will", "could", "expects", "anticipates" and
similar expressions. Further disclosure of the risks and
uncertainties facing the Company and other forward-looking
statements are discussed in the Company's Annual Information Form
and Management's Discussion and Analysis which are available under
the Company's profile on www.sedar.com.
In particular, this press release contains forward-looking
statements pertaining to the vesting and expiry of options issued
by the Company. These forward-looking statements are based on
assumptions made by and information currently available to the
Company. Although management considers these assumptions to
be reasonable based on information currently available to it, they
may prove to be incorrect. By their very nature,
forward-looking statements involve inherent risks and uncertainties
and readers are cautioned not to place undue reliance on these
statements as a number of factors could cause actual results to
differ materially from the beliefs, plans, objectives,
expectations, estimates and intentions expressed in such
forward-looking statements. These factors include, but are
not limited to, commodity prices, economic conditions, currency
fluctuations, competition and regulations, legal proceedings and
risks related to operations in foreign countries.
The forward-looking statements in this press release are
made as of the date they are given and, except as required by
applicable securities laws, the Company disclaims any intention or
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information
contained herein.
SOURCE Eastern Platinum Limited