Platinum Group Metals Ltd. reports the receipt of notice that the Mining and Environmental Justice Community Network of South Africa, claiming to be a community networking body, together with a group of residents from certain communities located near planned surface infrastructure associated with the Waterberg Mine , intend to apply for an order in the High Court of South Africa restraining Waterberg JV Resources Limited [...]
Platinum Group Metals Ltd. announces the resignation of the Company's CEO, President and director, R. Michael Jones, effective immediately. Mr. Jones has agreed to continue as a consultant to Platinum Group until December 31, 2021 to provide transition assistance. Frank Hallam, a director and, most recently, CFO of the Company, has agreed to assume the position of President and CEO on an interim basis. With Mr. Hallam [...]
Platinum Group Metals Ltd. reports the Company's financial results for the nine months ended May 31, 2021 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. and subsidiary Lion Battery Technologies Inc. reports that the U.S. Patent and Trademark Office has issued a third patent to Florida International University related to platinum group metals being used in lithium batteries. Specifically, this third patent is related to PGMs in the "Next Generation" Lithium Sulphur Batteries. Under a sponsored research agreement, Lion has exclusive rights to all [...]
Platinum Group Metals Ltd. announced today that Mr. Enoch Godongwana has been appointed as a non-executive independent director to the Company's board, bringing the number of directors to seven. Mr. Godongwana obtained an Msc degree in Financial Economics from University of London in 1998 and has served in numerous roles in government, trade unions and industry. Mr. Godongwana brings invaluable knowledge of the South [...]
Platinum Group Metals Ltd. has received notice that a group from the Kgatlu Community , located near planned surface infrastructure associated with the Waterberg Mine, has filed an application for an order in the High Court of South Africa to review and set aside the decision by the Minister of Environment, Forestry and Fisheries to dismiss an application for condonation for the late filing of an appeal by the Applicants [...]
Platinum Group Metals Ltd. reports that a further notice to appeal the decision granting Waterberg JV Resources Ltd. a mining right was received by the Company on April 14, 2021. The notice is reported to be filed by a local community in the area of the proposed mine infrastructure. The Department of Mineral Resources and Energy granted the mining right on January 28, 2021. The Company believes that all requirements [...]
Platinum Group Metals Ltd. reports the Company's financial results for the six months ended February 28, 2021 and provides a summary of recent events and outlook. The Company is focussed on advancing the palladium dominant 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 [...]
Platinum Group Metals Ltd. confirms that a notice to appeal the decision granting Waterberg JV Resources Ltd. a mining right was received by the Company on March 5, 2021. The notice was filed by a group of four individual appellants from a local community. The Department of Mineral Resources and Energy " granted the mining right on February 3, 2021. The Company believes that all requirements specified under the Mineral [...]
Platinum Group Metals Ltd. is pleased to announce positive results from its Annual General Meeting held on February 18, 2021 in Vancouver, BC. The meeting had a turnout of shareholders representing 62.30% 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 hands the [...]
Platinum Group Metals Ltd. reports that it has entered into an Equity Distribution Agreement with BMO Capital Markets Corp. , effective as of February 5, 2021. 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$50.0 million in aggregate sales proceeds in "at-the-market" transactions. No offers or sales of common shares will be made in Canada [...]
Platinum Group Metals Ltd. reports that the Department of Mineral Resources and Energy of South Africa has notified the Company in writing that the Waterberg JV Resources Ltd. Mining Right for the Waterberg Project has been granted. The Waterberg Project is located on the Northern Limb of the Bushveld Complex in South Africa, approximately 85 km north of the town of Mokopane . A definitive feasibility study announced in [...]
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