Eastplats Grants Stock Options

/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

Trading Symbol: ELR (TSX); EPS (JSE)

VANCOUVER, Feb. 28, 2017 /CNW/ - Eastern Platinum Limited ("Eastplats" or the "Company") announces that it has granted 200,000 stock options to officers of the Company, that vest in 90 days. The options were granted for 5 years, expiring February 24, 2022, and each stock option will allow the holder to purchase one common share of Eastplats at an exercise price of CDN$0.40.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

SOURCE Eastern Platinum Limited

For further information: EASTERN PLATINUM LIMITED, Diana Hu, President and Chief Executive Officer, dhu@eastplats.com (email), (604) 800-8200 (phone)


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