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Eastplats announces appointment of CFO and corporate secretary
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
EASTPLATS ANNOUNCES APPOINTMENT OF CFO AND CORPORATE SECRETARY
Vancouver, British Columbia, July 14, 2026 – Eastern Platinum Limited (TSX: ELR)(JSE: EPS)
("Eastplats" or the "Company") announces the appointment of David Li, CPA, CPA (IL) as Chief
Financial Officer and Corporate Secretary. Bringing over 20 years of global executive experience
in the mining and manufacturing sectors across Canada, Asia, and the United States, Mr. Li will
spearhead the Company's global financial strategy, capital allocation, and corporate
development.
"We are thrilled to welcome David to our leadership team," said Wanjin Yang, CEO of Eastplats.
"His deep expertise in project financing and strategic financial planning will be vital to our efforts
to maximize the value of our operations and drive long-term growth."
Mr. Li has worked as CFO or Vice President for a number of mineral exploration, mine
development and metal producing companies including Sumitomo Metal Mining Canada ("SMM"),
Alderon Iron Ore Corp., Minco Gold, Minco Silver, and Selwyn Chihong Mining Ltd.
While he served as CFO for SMM, Mr. Li managed financial functions for SMM's assets and
investment in Canada. In this role, he successfully supported the construction and production of
the Côté Gold project and completed several strategic investments in critical metals projects in
Canada.
Mr. Li holds an MBA from Arizona State University, Thunderbird, School of Global Management.
He is a Chartered Professional Accountant (CPA) in British Columbia and a Certified Public
Accountant in Illinois, USA.
"I am excited to join Eastern Platinum at this pivotal point in its production trajectory," said Mr. Li,
incoming CFO. "I look forward to working with the team to optimize our financial operations and
deliver strong value to our stakeholders."
For more information, please visit eastplats.com.
For further information, please contact:
EASTERN PLATINUM LIMITED
Wanjin Yang, Chief Executive Officer
wyang@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: anticipated financial strategy, capital allocation, and corporate development; Eastplats' efforts
to maximize the value of our operations and drive long-term growth; and future production. 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 and by 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.
14 July 2026
JSE Sponsor
PSG Capital
Date: 15-07-2026 07:05:00
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