Platinum Group Metals Ltd. reports that the Company intends, subject to regulatory approval, to offer and sell an aggregate 1,613,683 common shares of the Company at price of US$1.24 each for gross proceeds of US$2.0 million . An existing major beneficial shareholder of the Company, Hosken Consolidated Investments Limited, is expected to participate in the Private Placement. The Company intends to use the net proceeds of [...]
Platinum Group Metals Ltd. reports that the shareholders of Waterberg JV Resources Limited have today unanimously approved a recently completed Definitive Feasibility Study for the Waterberg Project . The Waterberg DFS was provided to the shareholders on September 4, 2019. The Waterberg DFS was managed by Waterberg JV Co. representing the joint venture partners and owners, being Platinum Group, [...]
Platinum Group Metals Ltd. reports the Company's financial results for the year ended August 31, 2019 and provides an update and outlook. The Company has focused its business on the palladium dominant Waterberg Project located on the North 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. is pleased to report on the significant advancement of the large Waterberg Palladium Project at a time of increasing prices and interest in palladium. On September 24, 2019 the Company reported the positive results of a Definitive Feasibility Study for its Waterberg Platinum and Palladium Project, located on the Northern Limb of the Bushveld Igneous Complex in South Africa. Reserves at the [...]
Platinum Group Metals Ltd. reports that further to its news release dated September 24, 2019 announcing an Independent Definitive Feasibility Study on the Waterberg Project located in the Bushveld Igneous Complex, South Africa, it has today filed the associated National Instrument 43-101 technical report . The DFS Technical Report was formally delivered to all of the Waterberg Project owners on October 4, 2019 as required [...]
IRR Post Tax of 20.7% at Spot Metal Prices Including an Estimated Smelter Discount Proven and Probable Mineral Reserves Estimated at 19.5 Million Ounces of Palladium, Platinum, Gold and Rhodium for a Life of Mine Plan of 45 years Annual Steady State Production of 420,000 Ounces of Palladium, Platinum Gold and Rhodium plus 16.7 million Pounds of Nickel and Copper Fully Mechanised, Shallow, Decline-Accessed Mine would be [...]
Platinum Group Metals Ltd. announces the closing of its previously announced bought deal financing with BMO Capital Markets in the United States, under which the Company sold 8,326,957 common shares of the Company at a price of US$1.25 per Offered Share for gross proceeds of approximately US$10.4 million. In addition, the Company closed the sale of 7,575,758 common shares of the Company to Liberty Metals & Mining [...]
Vancouver, British Columbia-- - Platinum Group Metals Ltd. announces that it has entered into an agreement with BMO Capital Markets under which BMO has agreed to buy on a bought deal basis in the United States 8,326,957 common shares of the Company , at a price of US$1.25 per Offered Share for gross proceeds of approximately US$10,408,696 million . The Company has granted BMO an option to purchase additional common shares [...]
Platinum Group Metals Ltd. reports the Company's financial results for the nine months ended May 31, 2019 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements for the nine months ended May 31, 2019 and Management's Discussion and Analysis for the nine months ended May 31, 2019 please see the Company's filings on SEDAR or on EDGAR . Shareholders are [...]
Platinum Group Metals Ltd. reports that Anglo American Platinum Ltd. and Platinum Group have launched a new venture, Lion Battery Technologies Inc. , to accelerate the development of next-generation battery technology using platinum and palladium. The possibility of creating additional demand for platinum and palladium in the battery technology space is an exciting development and of strategic importance to both parties [...]
Platinum Group Metals Ltd. reports closing of the Company's previously announced non-brokered private placement with Hosken Consolidated Limited , an existing major shareholder of the Company, for gross proceeds of US$1.3 million . In connection with the Private Placement, the Company issued an aggregate of 1,111,111 common shares to Deepkloof Limited, a subsidiary of HCI, at a price of US$1.17 per common share. On a [...]
Platinum Group Metals Ltd. reports that the Company intends, subject to regulatory approval, to offer and sell up to an aggregate 1,111,111 common shares at price of US$1.17 each for gross proceeds of up to US$1.3 million . The Private Placement is planned to be subscribed for by Hosken Consolidated Investments Limited , an existing major shareholder of the Company. No finder's fees will be paid in connection with the [...]
+21,82 %
-13,43 %
-2,42 %
