The latest hurdle in the move by Eastern Platinum to issue shares to Rhodium Reef Royalties has been completed, the company reports.

Eastern Platinum has announced that the TSX has approved the issuance of the 12 million common shares to Rhodium Reef Royalties.

The transfer of the shares represents partial consideration for the purchase of a one per cent net smelter royalty on its Spitzkop platinum group metal (pgm) project.

This announcement represents the latest move in Eastern Platinum's efforts to close the purchase and the company has now made application for these shares to be admitted to trading on the AIM.

It is anticipated that this will occur on or around March 19th, Eastern Platinum said in a statement.

Ÿ Adfero Ltd