Measured and Indicated Mineral Resources Increased by 1.46 million PGE Ounces to 26.34 Million Ounces New Measured Category Mineral Resource of 6.26 Million 4E Ounces T Zone Measured and Indicated Grade Increased 16% VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Oct. 25, 2018 -- Platinum Group Metals Ltd. announces positive results from additional drilling and mineral resource assessment on the Waterberg [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Oct. 10, 2018 -- Platinum Group Metals Ltd. is pleased to announce that the recently filed Mining Right Application for the large-scale Waterberg PGM Project has been accepted by South Africa’s Department of Mineral Resources . The application consists of a Mining Work Program, Social and Labour Plan and associated Environmental Applications. The [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Sept. 20, 2018 -- Platinum Group Metals Ltd. is pleased to announce as project operator that the Definitive Feasibility Study for the Waterberg Project is advancing according to plan. The target date for the completion of the DFS is the end of calendar Q1 2019. An updated resource model to be used in the DFS is in the final stages of calculations and peer review [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Sept. 04, 2018 -- Platinum Group Metals Ltd. is pleased to announce as project operator that Waterberg JV Resources Ltd. has filed a Mining Right Application for the large-scale Waterberg PGM Project. The application was submitted to South Africa’s Department of Mineral Resources , consisting of the Mining Work Program, Social and Labour Plan and associated [...]
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 nine months ended May 31, 2018 please see the Company’s filings on [...]
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 listing standards set forth in Sections 1003, 1003 and 1003 of the NYSE [...]
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 increase the water supply and infra structure capacity for both local [...]
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 according to plan. The latest phase of 38,000 meters of infill drilling has [...]
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 prospectus supplement dated May 11, 2018 to its short form short form base shelf [...]
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 partial exercise of an over-allotment option granted to the underwriters of [...]
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 US$2,263,649.85 . Each Unit consists of one common share and one common share [...]
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 approximately US$17.1 million. Each Unit will entitle the holder to [...]