VANCOUVER, BC, Oct. 22,
2024 /CNW/ - Eastern Platinum Limited (TSX: ELR)
(JSE: EPS)("Eastplats" or the "Company") announces
that it has changed auditors from PricewaterhouseCoopers LLP (the
"Predecessor Auditor") to Davidson & Company LLP,
Chartered Professional Accountants (the "Successor Auditor")
effective October 22, 2024. The Predecessor Auditor resigned
as the auditor of the Company effective October 21, 2024, and the Successor Auditor was
appointed as the Company's auditor effective October 22, 2024, until the next Annual General
Meeting of the Company. The board of directors of the Company
accepted the resignation of the Predecessor Auditor and approved
the appointment of the Successor Auditor.
There were no modified opinions, or reportable events (as
defined in National Instrument 51-102 - Continuous Disclosure
Obligations) in the Predecessor Auditor's reports on the
Company's financial statements for the two most recently completed
fiscal years or any subsequent periods.
In accordance with National Instrument 51-102, the Notice of
Change of Auditor, along with required letters from the Former
Auditor and the Successor Auditor, have been reviewed by the
Company's audit committee and board of directors and have been
filed on SEDAR+ (www.sedarplus.ca).
About Eastern Platinum Limited
Eastplats owns directly and indirectly a number of 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 currently 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.
No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information
contained herein.
SOURCE Eastern Platinum Ltd.
