ELR Eastern Platinum Limited

/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