Platinum Group Metals Ltd. reports the Company’s financial results for the nine months ended May 31, 2018 and provides an update on recent events and the Company’s outlook. For details of the condensed consolidated interim financial statements for the nine months ended May 31, 2018 and Management’s Discussion and Analysis for the [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, June 22, 2018 -- Platinum Group Metals Ltd. reports that the NYSE American has notified the Company that its plan to regain compliance with the continued listing requirements of the Exchange has been accepted. As previously disclosed, the Company is not in compliance with the continued [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, June 19, 2018 -- Platinum Group Metals Ltd. Metals is pleased to announce that Waterberg JV Resources Ltd. , the operating company of the Waterberg Joint Venture, has entered into an agreement with the Capricorn District Municipality to jointly develop a water supply management plan to [...]
VANCOUVER, B.C. and JOHANNESBURG, South Africa, May 29, 2018 -- Platinum Group Metals Ltd. announces that work on a Definitive Feasibility Study being completed by Waterberg JV Resources Ltd. , with the Company serving as operator, and with input from Impala Platinum Holdings Ltd. and Japan Oil, Gas and Metals National Corporation , is proceeding [...]
Hosken Consolidated Investments announced today that on May 15, 2018 it acquired, through its subsidiary Deepkloof Limited, 39,999,999 units of Platinum Group Metals Ltd. at a price of US$0.15 per unit for total consideration of US$5,999,999.85. Of the 39,999,999 units acquired, 24,909,000 units were acquired pursuant to PTM's Canadian final [...]
VANCOUVER, British Columbia, May 15, 2018 -- Platinum Group Metals Ltd. announces the closing of its previously announced marketed public offering of units . The Company has issued 117,453,862 Units at a price of US$0.15 per Unit for gross proceeds of approximately US$17.62 million, which includes the issuance of 3,453,862 Units pursuant to the [...]
VANCOUVER, British Columbia, May 15, 2018 -- Platinum Group Metals Ltd. announces the closing of its previously announced strategic investment in the Company by Hosken Consolidated Investments Limited on a private placement basis. HCI has subscribed, through a subsidiary, for 15,090,999 units at a price of US$0.15 per unit for gross proceeds of [...]
VANCOUVER, British Columbia, May 11, 2018 -- Platinum Group Metals Ltd. announces that it has entered into an underwriting agreement with a syndicate of underwriters in connection with its previously announced marketed offering of units . The underwriters have agreed to purchase 114,000,000 units at a price of US$0.15 per Unit for gross proceeds of [...]
VANCOUVER, British Columbia and JOHANNESBURG, May 11, 2018 -- Platinum Group Metals Ltd. announces that Hosken Consolidated Investments Limited and the Company have agreed to amend the terms of a strategic investment in the Company by HCI first announced on May 3, 2018. HCI has entered into an amended subscription agreement with the Company, on a [...]
VANCOUVER, British Columbia, May 03, 2018 -- Platinum Group Metals Ltd. announces that it has commenced a proposed underwritten public offering of units . Each unit will entitle the holder to acquire, for no additional consideration, one common share of Platinum Group Metals and one-half of one common share purchase warrant of Platinum Group [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, May 03, 2018 -- Platinum Group Metals Ltd. announces that Hosken Consolidated Investments Limited has agreed to make a strategic investment in the Company which will result in HCI owning, through a subsidiary, 10.0% of PTM’s issued and outstanding shares. HCI has entered into a [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, May 01, 2018 -- Platinum Group Metals Ltd. reports today that Liberty Metals & Mining Holdings, LLC and the Company have agreed to amended credit terms for an existing secured loan facility , which include: the Company must raise a minimum of US$20 million in subordinated debt and/or [...]
