VANCOUVER, BC, July 14, 2026 /CNW/ - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) ("Eastplats" or the "Company") announces the appointment of David Li, CPA, CPA (IL) as Chief Financial Officer and Corporate Secretary. Bringing over 20 years of global executive experience in the mining and manufacturing sectors across Canada, Asia, and the United States, Mr. Li will spearhead the Company's global financial strategy, capital allocation, and corporate development.
"We are thrilled to welcome David to our leadership team," said Wanjin Yang, CEO of Eastplats. "His deep expertise in project financing and strategic financial planning will be vital to our efforts to maximize the value of our operations and drive long-term growth."
Mr. Li has worked as CFO or Vice President for a number of mineral exploration, mine development and metal producing companies including Sumitomo Metal Mining Canada ("SMM"), Alderon Iron Ore Corp., Minco Gold, Minco Silver, and Selwyn Chihong Mining Ltd.
While he served as CFO for SMM, Mr. Li managed financial functions for SMM's assets and investment in Canada. In this role, he successfully supported the construction and production of the Côté Gold project and completed several strategic investments in critical metals projects in Canada.
Mr. Li holds an MBA from Arizona State University, Thunderbird, School of Global Management.
He is a Chartered Professional Accountant (CPA) in British Columbia and a Certified Public Accountant in Illinois, USA.
"I am excited to join Eastern Platinum at this pivotal point in its production trajectory," said Mr. Li, incoming CFO. "I look forward to working with the team to optimize our financial operations and deliver strong value to our stakeholders."
For more information, please visit eastplats.com.
Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "will," "plan," "intends," "may," "could," "expects," "anticipates" and similar expressions. Further disclosure of the risks and uncertainties facing the Company and other forward-looking statements are discussed in the Company's most recent Annual Information Form available under the Company's profile on www.sedarplus.ca.