Eastern Platinum Completes $348M Equity Offering

On December 30, 2010, Eastern Platinum Limited completed a public offering of 224,250,000 common shares by way of short form prospectus raising a total of $347,587,500. The common shares were offered through a syndicate of underwriters led by Canaccord Genuity Corp. and UBS Securities Canada Inc., and included GMP Securities L.P., Goldman Sachs Canada Inc., Raymond James Ltd. and Paradigm Capital Inc.

Eastern Platinum Limited was represented by Lang Michener LLP (now McMillan LLP) with a team consisting of David Cowan, Amandeep Sandhu and Ashley Baker; Herbert Ono (US securities) and Peter Botz (tax).

The underwriters were represented by McCarthy Tétrault LLP with a team consisting of Andrew Parker, Gary Litwack, Reena Modha, Matthew Appleby and Moya Graham (business law) and James Morand (tax). Skadden, Arps, Slate, Meagher & Flom LLP also provided US securities law advice to the underwriters with a team that included Christopher Morgan and Michael Acedo.

Lawyer(s)

Ashley Baker David J. Cowan Matthew Appleby Herbert I. Ono Michael Acedo Amandeep Sandhu Andrew C. Parker Christopher W. Morgan Peter Botz Gary M. Litwack James G. Morand

Firm(s)

McMillan LLP McCarthy Tétrault LLP Skadden, Arps, Slate, Meagher & Flom LLP