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 [...]
Platinum Group Metals Ltd. ; reports the Company's financial results for the six months ended February 29, 2020 and provides a summary of recent events and outlook. An implementation budget and work program are now underway advancing the Company's palladium dominant Waterberg project, located on the North Limb of the Bushveld Complex in South [...]
Platinum Group Metals Ltd. reports that shareholders of Waterberg JV Resources Proprietary Limited have executed a formal Amended Purchase and Development Option agreement with Impala Platinum Holdings Ltd. . In consideration for the amendment, announced February 27, 2020, Implats is funding 100% of a new implementation budget and work program [...]
Platinum Group Metals Ltd. and Impala Platinum Holdings Ltd. announce that the shareholders of Waterberg JV Resources Proprietary Limited have agreed to amend the terms of the Implats Purchase and Development Option , which was due to be exercised on April 17, 2020 following the Waterberg JV Co.'s approval of the 2019 Definitive Feasibility Study [...]
Platinum Group Metals Ltd. President and Chief Executive Officer, R. Michael Jones will present at the 29th Annual BMO Capital Markets Global Metals & Mining Conference in Hollywood, Florida on Wednesday, February 26, 2020 at 11:15 a.m. Eastern Time. The live presentation and replay will be available at [...]
Platinum Group Metals Ltd. is pleased to announce positive results from its Annual General Meeting held on February 20, 2020 in Vancouver, BC. The meeting had a turnout of shareholders representing 65.4% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the resolutions proposed [...]
Vancouver, British Columbia and Johannesburg, South Africa-- - Platinum Group Metals Ltd. reports the Company's financial results for the three months ended November 30, 2019 and provides a summary of recent events and outlook. The Company is focused on advancing the palladium dominant Waterberg Project located on the North Limb of the Bushveld [...]