Canadian-based Eastplats was formed in 2003 with the objective of becoming a major producer of platinum group metals. In less than four years the Company has met its objectives by acquiring a portfolio of high-grade platinum and rhodium-rich deposits in South Africa's Bushveld Complex with resources containing over 85 million ounces of platinum group metals. In 2006, Eastplats became Canada's largest platinum group metals producer when it acquired a 69% indirect interest in Barplats Investments Limited. This acquisition was accompanied by a successful Cdn $150 million capital raising campaign, much of which has been invested in the Crocodile River Mine operations. Eastplats is now an established platinum group metals mining company with assets on both the western and eastern limb of the Bushveld Complex