Eastern Platinum (TSE:ELR) has released an update.
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Eastern Platinum Limited has announced the grant of 4,190,000 stock options to its directors, officers, and employees, which will vest in three months and are set to expire in five years, on July 2, 2029. Each option allows the purchase of one common share at a price of CDN$0.20. The company, known for its significant PGM and chrome mining operations in South Africa, is actively involved in re-mining and processing resources to produce PGM and chrome concentrates.
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