Hebei Zhongheng Tianda Platinum Co. Limited commenced an action against Eastern Platinum, seeking specific performance of a share purchase agreement related to the ownership of the Crocodile River Mine in South Africa. The purchase price consideration under the SPA was USD $50 million. This action was settled in the fall of 2017.
Tracey M. Cohen, QC and Alexandra Mitretodis defended Eastern Platinum on all aspects of the case.