Platinum Group Metals Ltd. reports that an infill drill campaign underway since November 2022, at the Waterberg Project, located on the Northern Limb of the Bushveld Complex in South Africa , has been completed. All 16 planned T Zone boreholes and 16 planned F Zone boreholes have been drilled. Drill cores from the completed boreholes have been logged, and the mineralized intercepts recovered have been sampled and sent for [...]
Platinum Group Metals Ltd. is pleased to announce positive results from its Annual General Meeting held on February 28, 2023 in Vancouver, British Columbia. The meeting had a turnout of shareholders representing 52.54% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the resolutions proposed. The number of directors is fixed at six and on a show of [...]
Platinum Group Metals Ltd. reports that an infill drill campaign underway since November, 2022, at the Waterberg Project, located on the Northern Limb of the Bushveld Complex in South Africa , is well advanced. Before a scheduled break over the recent holiday period, 16 planned T Zone boreholes and 6 of 16 planned F Zone boreholes were completed. Drilling is once again underway on site. Drill core from completed boreholes [...]
Platinum Group Metals Ltd. reports the Company's financial results for the three months ended November 30, 2022 and provides an update and outlook. The Company is focussed on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa . The Waterberg Project is planned as a fully mechanised, shallow, decline access palladium, platinum, gold and rhodium mine and is projected to be [...]
Platinum Group Metals Ltd. reports the Company's financial results for the year ended August 31, 2022 and provides an update and outlook. The Company is focussed on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa . The Waterberg Project is planned as a fully mechanised, shallow, decline access palladium, platinum, gold and rhodium mine and is projected to be one of the [...]
Platinum Group Metals Ltd. reports that on October 13, 2022, Minister Gwede Mantashe of the South African Department of Mineral Resources and Energy ruled to dismiss a series of appeals filed in 2021 against the grant of the Waterberg Mining Right. The Waterberg Mining Right was granted on January 28, 2021. The Company subsequently received several objections and notices of appeal, filed by individual appellants from [...]
Infill Drilling Program and Definitive Feasibility Study Update Planned Platinum Group Metals Ltd. reports that Waterberg JV Resources Ltd. has approved in principle a Rand 380 million pre-construction work program for the Waterberg Project, focused on early infrastructure, de-risking and project optimization. An initial budget for the first R 45 million of the Work Program , to be spent by March 31, 2023, has been [...]
Platinum Group Metals Ltd. announces that Greg Blair has been appointed to the position of Chief Financial Officer effective September 27, 2022, following his serving as Interim CFO since July 2021. Mr. Blair will be based in Vancouver and will oversee the Company's global financial reporting obligations and internal and disclosure controls. Mr. Blair's appointment was unanimously approved by the Board of Platinum Group [...]
Platinum Group Metals Ltd. reports that it has entered into a new equity distribution agreement effective as of July 27, 2022 with BMO Nesbit Burns Inc. and BMO Capital Markets Corp. for a new at-the-market equity program . The Distribution Agreement will allow the Company to distribute up to US$50.0 million of common shares of the Company under the 2022 ATM Program. The Offered Shares will be issued by the Company to the [...]
Platinum Group Metals Ltd. reports the Company's financial results for the nine months ended May 31, 2022 and provides a summary of recent events and outlook. The Company is focused on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa . The Waterberg Project is planned as a fully mechanised, shallow, decline access palladium, platinum, gold and rhodium mine and is [...]
Platinum Group Metals Ltd. announces that it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada and a corresponding registration statement on Form F-10 with the United States Securities and Exchange Commission under the Multijurisdictional Disclosure System established between Canada and the United States. The Shelf Prospectus [...]
Platinum Group Metals Ltd. reports that on June 14, 2022, the High Court of South Africa delivered a judgment dismissing a challenge brought by Africa Wide Mineral Prospecting and Exploration Limited , a wholly owned subsidiary of Wesizwe Platinum Limited, to the 2018 sale of the Maseve Mine. In its judgment the High Court dismissed all of the claims for which Africa Wide contended and ordered Africa Wide to make payment [...]
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