Precious Metals

T. Rowe Prices Buys 10.9% Voting Shares of Eastern Platinum

Precious Metals

Eastern Platinum Limited (TSX:ELR,LSE:ELR,JSE:EPS) announced T. Rowe Price Associates, Inc. has acquired 10.9% of ordinary share capital in Eastplats.

Eastern Platinum Limited (TSX:ELR,LSE:ELR,JSE:EPS) announced T. Rowe Price Associates, Inc. has acquired 10.9% of ordinary share capital in Eastplats.

As quoted in the press release:

Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) (“Eastplats” or the “Company”) received notification on 2 May 2012 by T. Rowe Price Associates, Inc. of the following interests in the ordinary share capital of Eastplats.

Reason for notification – An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments.

Click here to read the Eastern Platinum Limited (TSXELR) press release.  

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