Platinum Group Metals Ltd. reports that it has completed an "at-the-market" offering of common shares first announced on September 4, 2020. The offering was completed on November 30, 2020 pursuant to an Equity Distribution Agreement with BMO Capital Markets Corp. . Under the Sales Agreement, Platinum Group sold 5,440,186 common shares in the [...]
Platinum Group Metals Ltd. reports the Company's financial results for the year ended August 31, 2020 and provides an update and outlook. The Company is focussed on advancing the palladium dominant Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa . The Waterberg Project is planned as a fully mechanised [...]
Platinum Group Metals Ltd. reports closing of the Company's previously announced non-brokered private placement of common shares at price of US$2.18 each. An aggregate of 1,146,790 common shares were subscribed for and issued resulting in gross proceeds to the Company of US$2,500,002.20 to existing major beneficial shareholder, Hosken Consolidated [...]
Platinum Group Metals Ltd. reports that the Company intends, subject to regulatory approval, to sell 1,146,790 common shares of the Company at price of US$2.18 each for gross proceeds of US$2.5 million to existing major beneficial shareholder, Hosken Consolidated Investments Limited . The Company intends to use the net proceeds of the Private [...]
Platinum Group Metals Ltd. is pleased to announce that it has been added to the S&P/TSX SmallCap Index as of September 21, 2020. The S&P/TSX SmallCap Index provides an investable index for the Canadian small cap market and was developed with industry input as the ideal benchmark for those with small cap exposure to the Canadian equity market [...]
Platinum Group Metals Ltd. and subsidiary Lion Battery Technologies Inc. reports that the U.S. Patent and Trademark Office has issued Patent No. 10,734,636 B2 entitled "Battery Cathodes for Improved Stability" to Florida International University . Under a sponsored agreement , Lion has exclusive rights to all technology being developed by FIU [...]
Platinum Group Metals Ltd. reports that it has entered into an Equity Distribution Agreement with BMO Capital Markets Corp. , effective as of September 4, 2020. Under the Sales Agreement, Platinum Group may sell its common shares in the capital of the Company from time to time for up to US$12.0 million in aggregate sales proceeds in "at-the-market [...]
Platinum Group Metals Ltd. reports the Company's financial results for the nine months ended May 31, 2020 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements and Management's Discussion and Analysis for the nine months ended May 31, 2020 please see the Company's filings on [...]
Hosken Consolidated Investments announced today that on June 17, 2020, it acquired, through its subsidiary Deepkloof Limited, 500,000 common shares of Platinum Group Metals Ltd. on a private placement basis at a price of US$1.40 per share for total consideration of US$700,000. This acquisition brings HCI's total holdings in the common shares of PTM [...]
Platinum Group Metals reports closing of the Company's previously announced non-brokered private placement of common shares at price of US $1.40 each. An aggregate of 1,221,500 common shares were subscribed for and issued resulting in gross proceeds to the Company of US $1.71 million. A 6% cash finder's fee in the amount of US $37,926 was paid in [...]
Platinum Group Metals Ltd. reports that this morning Impala Platinum Holdings Ltd. has given formal notice that it does not intend to exercise its option to purchase and earn into a 50.01% interest in the Waterberg Project. Implats stated that "notwithstanding the positive progress achieved on the Call Period Program to date, and the strategic [...]
Platinum Group Metals reports that the Company intends, subject to regulatory approval, to offer and sell an aggregate of 1,428,600 common shares of the Company at price of US$1.40 each for gross proceeds of US$2.0 million . An existing major beneficial shareholder of the Company, Hosken Consolidated Investments Limited, is expected to participate [...]