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.
不列颠哥伦比亚省温哥华--（Newsfile Corp.，2023 年 12 月 11 日）-东方铂金有限公司（多伦多证券交易所股票代码：ELR）（JSE：EPS）（”东区“或者”公司“) 宣布特别委员会（委员会“) 由董事会的两名独立董事组成（”板“）要求公司对未经证实的举报人指控进行调查、审查和分析，包括与以折扣价出售铬精矿有关的未披露关联方交易的指控（指控“) 已完成调查。
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.
在聘请的独立律师和协助调查的第三方电子发现专家的协助下，委员会发现举报人提出的指控没有根据。委员会没有找到证据，证实该公司进行了任何与铬精矿销售有关的关联方交易，并进一步得出结论，指控中描述的铬精矿销售合同的价格在合理的市场价格范围内，特别是在公司在2022年下半年面临的艰难环境中，并考虑到交货条款和铬精矿的等级。
About Eastern Platinum Limited
关于东方铂金有限公司
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在南非共和国直接或间接拥有许多PGM和Chrome资产。该公司的所有物业都位于布什维尔德综合体的西缘（鳄鱼河矿）和东缘（肯尼迪谷、Spitzkop Mareesburg），该地质环境拥有世界上约80％的含PGM的矿石。
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.
鳄鱼河矿目前的业务包括重新开采和加工其尾矿资源，从Barplats Zandfontein尾矿大坝生产PGM和铬精矿。
For further information, please contact:
欲了解更多信息，请联系：
EASTERN PLATINUM LIMITED
Wylie Hui, Chief Financial Officer & Corporate Secretary
whui@eastplats.com (email)
(604) 800-8200 (phone)
东方铂金限量版
Wylie Hui，首席财务官兼公司秘书
whui@eastplats.com（电子邮件）
(604) 800-8200（电话）
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