Vancouver, British Columbia (Newsfile Corp. - March 24, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") today announced the offering to its shareholders (the "Rights
Eastern Platinum Limited Announces Rights Offering in Order to Pursue Growth Opportunities
Eastplats or the
Rights Offering ) of rights (the
Rights ) to acquire common shares of the Company (
Common Shares ) at the close of business on the record date of December 18, 2020 (
Record Date ), on the basis of one Right for each Common Share held. Each Right will entitle the holder to subscribe for one Common Share of the Company upon payment of the subscription price of $0.32 or ZAR 3.77136 (based on the Applicable Exchange Rate as defined in the Rights Offering Circular) per Common Share (the
Basic Subscription Privilege ). Shareholders who fully exercise their Rights under the Basic Subscription Privilege will also be entitled to subscribe for additional Common Shares, on a
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