Platinum Group Metals Ltd. and subsidiary Lion Battery Technologies Inc. reports that the U.S. Patent and Trademark Office has issued a second patent to Florida International University related to platinum group metals being used in lithium batteries. Under a sponsored research agreement , Lion has exclusive rights to all technology being developed by FIU with Lion funding, including granted patents. The new patent, the [...]
Platinum Group Metals Ltd. reports the Company's financial results for the three months ended November 30, 2020 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. reports closing of a non-brokered private placement of common shares at price of US$2.23 per common share as previously announced by the Company on December 1, 2020. An aggregate of 1,121,076 common shares were subscribed for and issued to existing major beneficial shareholder, Hosken Consolidated Investments Limited through its subsidiary Deepkloof Limited, resulting in gross proceeds to the [...]
Platinum Group Metals Ltd. reports that the Company intends, subject to regulatory approval, to sell 1,121,076 common shares of the Company at price of US$2.23 each for gross proceeds of US$2.5 million to existing major beneficial shareholder, Hosken Consolidated Investments Limited . The Company intends to use the net proceeds of the Private Placement for its share of pre-development costs on the Waterberg Project in [...]
Platinum Group Metals Ltd. reports that it has completed an "at-the-market" offering of common shares first announced on September 4, 2020. The offering was completed on November 30, 2020 pursuant to an Equity Distribution Agreement with BMO Capital Markets Corp. . Under the Sales Agreement, Platinum Group sold 5,440,186 common shares in the capital of the Company at an average price of US $2.21 for gross proceeds of US [...]
Platinum Group Metals Ltd. reports the Company's financial results for the year ended August 31, 2020 and provides an update 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 rhodium mine and is [...]
Platinum Group Metals Ltd. reports closing of the Company's previously announced non-brokered private placement of common shares at price of US$2.18 each. An aggregate of 1,146,790 common shares were subscribed for and issued resulting in gross proceeds to the Company of US$2,500,002.20 to existing major beneficial shareholder, Hosken Consolidated Investments Limited through its subsidiary Deepkloof Limited. Closing of [...]
Platinum Group Metals Ltd. reports that the Company intends, subject to regulatory approval, to sell 1,146,790 common shares of the Company at price of US$2.18 each for gross proceeds of US$2.5 million to existing major beneficial shareholder, Hosken Consolidated Investments Limited . The Company intends to use the net proceeds of the Private Placement for its share of pre-development costs on the Waterberg Project in [...]
Platinum Group Metals Ltd. is pleased to announce that it has been added to the S&P/TSX SmallCap Index as of September 21, 2020. The S&P/TSX SmallCap Index provides an investable index for the Canadian small cap market and was developed with industry input as the ideal benchmark for those with small cap exposure to the Canadian equity market. Platinum Group Metals is listed on the TSX as PTM and on the NYSE.A as PLG. The [...]
Platinum Group Metals Ltd. and subsidiary Lion Battery Technologies Inc. reports that the U.S. Patent and Trademark Office has issued Patent No. 10,734,636 B2 entitled "Battery Cathodes for Improved Stability" to Florida International University . Under a sponsored agreement , Lion has exclusive rights to all technology being developed by FIU included patents granted. The patent includes the use of platinum group metals [...]
Platinum Group Metals Ltd. reports that it has entered into an Equity Distribution Agreement with BMO Capital Markets Corp. , effective as of September 4, 2020. 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$12.0 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 the Company's financial results for the nine months ended May 31, 2020 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements and Management's Discussion and Analysis for the nine months ended May 31, 2020 please see the Company's filings on SEDAR or on EDGAR . Shareholders are encouraged to visit the Company's website [...]