Platinum Group Metals Ltd.

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 Metals. Each whole Warrant will entitle the holder thereof to purchase one Common [...]

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 subscription agreement with the Company, on a private placement basis, for the [...]

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 equity before May 15, 2018 ; and provided that the Company applies the first [...]

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 26, 2018 -- Platinum Group Metals Ltd. reports the completion of the previously announced sale of 100% of the equity in Maseve Investments 11 Ltd. , the holding company of the Maseve Mine, and all shareholder loans owed by Maseve, to Royal Bafokeng Platinum Ltd. . Aggregate consideration for the sale consisted of 4,871,335 RBPlat common shares, which have [...]

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 20, 2018 -- Platinum Group Metals Ltd. reports that government approval has been received for Royal Bafokeng Platinum Ltd. to acquire 100% of the shares in Maseve Investments 11 Ltd., the holding company of the Maseve Mine, and all shareholder loans owed by Maseve, for an aggregate consideration in cash and RBPlat common shares, valued on September 6, 2017 [...]

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 11, 2018 -- Platinum Group Metals Ltd. reports the Company’s financial results for the six months ended February 28, 2018 and provides an update on recent events and the Company’s outlook. For details of the condensed consolidated interim financial statements for the six months ended February 28, 2018 and Management’s Discussion and [...]

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 06, 2018 -- Platinum Group Metals Ltd. reports that Maseve Investments 11 Limited has now completed the sale of the Maseve concentrator plant and certain surface rights to Royal Bafokeng Platinum Ltd. . The Company and RBPlat executed definitive agreements for a two-step transaction valued at approximately US$74 million on November 23, 2017 1. Conditions [...]

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, March 08, 2018 -- Platinum Group Metals Ltd. is pleased to announce that on March 8, 2018, Japan Oil, Gas and Metals National Corporation and Hanwa Co., Ltd. signed a memorandum of understanding to transfer part of JOGMEC’s interest in the Waterberg Palladium, Platinum, Gold, Rhodium and Copper, Nickel Project, located in the Bushveld Complex of the [...]

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Feb. 23, 2018 -- Platinum Group Metals Ltd. is pleased to announce the positive results from its Annual General Meeting held on February 23, 2018 in Vancouver, BC. The meeting had a turnout of shareholders representing over 62% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the resolutions [...]

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Feb. 14, 2018 -- Platinum Group Metals Ltd. reports that all remaining conditions precedent to the sale of the Maseve concentrator plant and certain surface rights to Royal Bafokeng Platinum Ltd. have been fulfilled. The Company and RBPlat executed definitive sale and purchase agreements on November 23, 2017 in a transaction valued at approximately US$74 million [...]