Eastplats shareholder to appeal directive action ruling

The shareholder whose petition to start a directive action against current and former directors of junior miner Eastern Platinum (Eastplats) was dismissed in court last month, has given notice of an appeal.

Vancouver-based Eastplats, which operates in South Africa, said on Friday that the company would oppose the appeal and would seek to uphold the Supreme Court of British Columbia’s earlier decision of a dismissal.