Eastern Platinum Limited Announces Completion of Special Committee Investigation
Eastern Platinum Limited Announces Completion of Special Committee Investigation
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces that the special committee (the "Committee") formed by two independent directors of the Board of Directors (the "Board") of the Company to conduct an investigation, review and analysis of unproven whistleblower allegations, including allegations of undisclosed related party transactions pertaining to the sale of chrome concentrate at discounted prices (the "Allegations") has completed its investigation.
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2023 年 12 月 11 日）-東方鉑金有限公司（多倫多證券交易所股票代碼：ELR）（JSE：EPS）（”東區“或者”公司“) 宣佈特別委員會（委員會“) 由董事會的兩名獨立董事組成（即”板“）要求公司對未經證實的舉報人指控進行調查、審查和分析，包括與以折扣價出售鉻精礦有關的未披露關聯方交易的指控（指控“) 已完成調查。
With assistance from independent counsel engaged and a third-party e-discovery specialist to assist with the investigation, the Committee found the Allegations advanced by the whistleblowers to be unsubstantiated. The Committee did not find evidence to establish that the Company entered into any related party transaction pertaining to the sale of chrome concentrate and further concluded that the prices of the contracts in respect of the sale of chrome concentrate described in the Allegations were within a reasonable range of market price, particularly in the challenging circumstances the Company faced in the latter half of 2022 and taking into account delivery terms and the grade of chrome concentrate.
在聘請的獨立律師和協助調查的第三方電子發現專家的協助下，委員會發現舉報人提出的指控沒有事實根據。委員會沒有找到證據，證實該公司進行了任何與銷售鉻精礦有關的關聯方交易，並進一步得出結論，指控中描述的鉻精礦銷售合同的價格在合理的市場價格範圍內，特別是在公司在2022年下半年面臨的艱難環境中，同時考慮到交貨條款和鉻精礦的等級。
About Eastern Platinum Limited
關於東方鉑金有限公司
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.
Eastplats在南非共和國直接或間接擁有多項PGM和鍍鉻資產。公司的所有物業都位於布什維爾特綜合體的西端（鱷魚河礦）和東緣（肯尼迪谷、Spitzkop Mareesburg），該地質環境擁有世界上約80％的含PGM礦石。
Operations at the Crocodile River Mine currently include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam.
鱷魚河礦目前的業務包括重新開採和加工其尾礦資源，從Barplats Zandfontein尾礦大壩生產PGM和鉻精礦。
For further information, please contact:
欲了解更多信息，請聯繫：
EASTERN PLATINUM LIMITED
Wylie Hui, Chief Financial Officer & Corporate Secretary
whui@eastplats.com (email)
(604) 800-8200 (phone)
東方鉑金限量版
Wylie Hui，首席財務官兼公司秘書
whui@eastplats.com（電子郵件）
(604) 800-8200（電話）
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沒有證券交易所、證券委員會或其他監管機構批准或拒絕批准此處包含的信息。
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