Platinum Group Metals Ltd. reports that further to its news release dated September 24, 2019 announcing an Independent Definitive Feasibility Study on the Waterberg Project located in the Bushveld Igneous Complex, South Africa, it has today filed the associated National Instrument 43-101 technical report . The DFS Technical Report was formally [...]
IRR Post Tax of 20.7% at Spot Metal Prices Including an Estimated Smelter Discount Proven and Probable Mineral Reserves Estimated at 19.5 Million Ounces of Palladium, Platinum, Gold and Rhodium for a Life of Mine Plan of 45 years Annual Steady State Production of 420,000 Ounces of Palladium, Platinum Gold and Rhodium plus 16.7 million Pounds of [...]
Platinum Group Metals Ltd. announces the closing of its previously announced bought deal financing with BMO Capital Markets in the United States, under which the Company sold 8,326,957 common shares of the Company at a price of US$1.25 per Offered Share for gross proceeds of approximately US$10.4 million. In addition, the Company closed the sale of [...]
Vancouver, British Columbia-- - Platinum Group Metals Ltd. announces that it has entered into an agreement with BMO Capital Markets under which BMO has agreed to buy on a bought deal basis in the United States 8,326,957 common shares of the Company , at a price of US$1.25 per Offered Share for gross proceeds of approximately US$10,408,696 million [...]
Platinum Group Metals Ltd. reports the Company's financial results for the nine months ended May 31, 2019 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements for the nine months ended May 31, 2019 and Management's Discussion and Analysis for the nine months ended May 31, 2019 [...]
Platinum Group Metals Ltd. reports that Anglo American Platinum Ltd. and Platinum Group have launched a new venture, Lion Battery Technologies Inc. , to accelerate the development of next-generation battery technology using platinum and palladium. The possibility of creating additional demand for platinum and palladium in the battery technology [...]
Platinum Group Metals Ltd. reports closing of the Company's previously announced non-brokered private placement with Hosken Consolidated Limited , an existing major shareholder of the Company, for gross proceeds of US$1.3 million . In connection with the Private Placement, the Company issued an aggregate of 1,111,111 common shares to Deepkloof [...]
Platinum Group Metals Ltd. reports that the Company intends, subject to regulatory approval, to offer and sell up to an aggregate 1,111,111 common shares at price of US$1.17 each for gross proceeds of up to US$1.3 million . The Private Placement is planned to be subscribed for by Hosken Consolidated Investments Limited , an existing major [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 15, 2019 -- Platinum Group Metals Ltd. announced today that Mr. Stuart Harshaw, P.Eng., MBA, has been appointed to the Company’s board of directors, bringing the number of directors to seven. Mr. Harshaw was the Vice President, Ontario Operations, for Vale Canada Limited until [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 12, 2019 -- Platinum Group Metals Ltd. reports the Company’s financial results for the six months ended February 28, 2019 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements for the six months ended [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, March 07, 2019 -- Platinum Group Metals Ltd. reports that the previously announced transaction between the Japan, Oil, Gas and Metals National Corporation and Hanwa Co. Ltd. has been completed. In February 2018, JOGMEC held a public tender to transfer 9.755% of JOGMEC’s 21.95 [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Feb. 25, 2019 -- Platinum Group Metals Ltd. is pleased to announce the positive results from its Annual General Meeting held on February 22, 2019 in Vancouver, BC. The meeting had a turnout of shareholders representing over 73% of its issued shares eligible to vote at the meeting [...]