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EASTPLATS:  375   -25 (-6.25%)  09/06/2026 18:44

EASTERN PLATINUM LIMITED - Eastern Platinum Limited announces dismissal of cases

Release Date: 09/06/2026 13:30
Code(s): EPS     PDF:  
Wrap Text
Eastern Platinum Limited announces dismissal of cases

EASTERN PLATINUM LIMITED
(Incorporated in Canada)
(Canadian Registration number BC0722783)
(South African Registration number 2007/006318/10)
Share Code TSX: ELR ISIN: CA2768555096
Share Code JSE: EPS ISIN: CA2768555096
("Eastplats" or the "Company")

                                           NEWS RELEASE

                   EASTERN PLATINUM LIMITED ANNOUNCES DISMISSAL OF CASES

Vancouver, British Columbia, June 9, 2026 – Eastern Platinum Limited (TSX: ELR) (JSE:EPS)
("Eastplats" or the "Company") is pleased to announce that the Supreme Court of British
Columbia has struck out all three of 2538520 Ontario Limited's ("253") claims against the
Company and its affiliates. The three proceedings include docket numbers S201427, S244818,
and S252308. The Company and its advisors will review the decision in detail and consider next
steps in due course.

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 mining and processing ore from the
Zandfontein underground section to both produce PGM and chrome concentrates, respectively.

For further information, please contact:
 EASTERN PLATINUM LIMITED
 Wylie Hui, Chief Financial Officer and Corporate Secretary
 whui@eastplats.com (email)
 (604) 568-8200 (phone)

Cautionary Statement Regarding Forward-Looking Information
This news 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,"
"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 most recent
Annual Information Form available under the Company's profile on www.sedarplus.ca.

In particular, this press release contains, without limitation, forward-looking statements pertaining to
amongst other things, consideration of next steps based on the Supreme Court of British Columbia's
decision. 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, unanticipated problems that may arise in the Company's
production processes, commodity prices, lower than expected grades and quantities of resources, need for
additional funding and availability of such additional funding on acceptable terms, economic conditions,
currency fluctuations, competition and regulations, legal proceedings and risks related to operations in
foreign countries.

All forward-looking statements in this news release are expressly qualified in their entirety by this cautionary
statement, the "Cautionary Statement on Forward-Looking Information" section contained in the
Company's most recent Management's Discussion and Analysis available under the Company's profile on
www.sedarplus.ca. The forward-looking statements in this news 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, and does not undertake, to 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.


The Company has a primary listing on the Toronto Stock Exchange and a secondary listing on
the JSE Limited.

9 June 2026

JSE Sponsor
PSG Capital

Date: 09-06-2026 01:30:00
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