VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 15, 2019 -- Platinum Group Metals Ltd. announced today that Mr. Stuart Harshaw, P.Eng., MBA, has been appointed to the Company’s board of directors, bringing the number of directors to seven. Mr. Harshaw was the Vice President, Ontario Operations, for Vale Canada Limited until 2017 where he was an innovative leader with international experience [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 12, 2019 -- Platinum Group Metals Ltd. reports the Company’s financial results for the six months ended February 28, 2019 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements for the six months ended February 28, 2019 and Management’s Discussion and Analysis for the six [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, March 07, 2019 -- Platinum Group Metals Ltd. reports that the previously announced transaction between the Japan, Oil, Gas and Metals National Corporation and Hanwa Co. Ltd. has been completed. In February 2018, JOGMEC held a public tender to transfer 9.755% of JOGMEC’s 21.95% interest in the Waterberg Project. Hanwa successfully won the bid, whereupon [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Feb. 25, 2019 -- Platinum Group Metals Ltd. is pleased to announce the positive results from its Annual General Meeting held on February 22, 2019 in Vancouver, BC. The meeting had a turnout of shareholders representing over 73% 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. 11, 2019 -- Platinum Group Metals Ltd. reports that Hosken Consolidated Investments Limited announced on February 4, 2019 it had acquired, on a private placement basis through its subsidiary Deepkloof Limited, 2,141,942 common shares of Platinum Group Metals Ltd. at a price of US$1.33 per share for total consideration of US$2,848,783. Immediately before the [...]
Platinum Group Metals Ltd. reports closing of the Company’s previously announced non-brokered private placement of common shares at price of US $1.33 each. An aggregate of 3,124,059 common shares were subscribed for and issued, including a 124,059 common share increase to the announced offering size, resulting in gross proceeds to the Company of US $4.155 million. A 6% cash finder’s fee in the amount of US [...]
Platinum Group Metals Ltd. reports the Company intends, subject to regulatory approval, to offer and sell up to an aggregate 3.0 million common shares at price of US $1.33 each for gross proceeds of up to US $4.0 million . A 6% cash finder’s fee estimated at US $60,000 is to be paid on a portion of the Private Placement. The majority of the Private Placement is planned to be subscribed for by an existing major [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Jan. 11, 2019 -- Platinum Group Metals Ltd. reports the Company’s financial results for the three months ended November 30, 2018 and provides a summary of recent events and outlook. The Company has focused its business on the palladium dominant large scale, bulk mineable Waterberg Project in South Africa . A Definitive Feasibility Study, for the Waterberg [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Dec. 13, 2018 -- Platinum Group Metals Ltd. today completed the previously announced consolidation of its common shares on the basis of one new share for ten old shares effective as of 9:00 a.m. on December 13, 2018 . The Company’s consolidated common shares are expected to begin trading on the Toronto Stock Exchange and NYSE American when the markets open [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Nov. 29, 2018 -- Platinum Group Metals Ltd. reports the Company’s financial results for the year ended August 31, 2018 and provides an update on recent events and the Company’s outlook. The Company has focused its business on the palladium dominant large scale, bulk mineable Waterberg Project in South Africa . A Definitive Feasibility Study, for the [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Nov. 20, 2018 -- Platinum Group Metals Ltd. today announced a consolidation of its common shares on the basis of one new share for ten old shares , effective at 9:00 a.m. on December 13, 2018 . The Company’s consolidated common shares are expected to begin trading on the Toronto Stock Exchange and NYSE American when the markets open on December 17, 2018 [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Nov. 16, 2018 -- Platinum Group Metals Ltd. reports that further to its news release dated October 25, 2018 announcing an updated independent resource estimate on the Company’s 50.02% interest in the Waterberg palladium dominant deposit located in the Bushveld Igneous Complex, South Africa, it has today filed the associated National Instrument 43-101 [...]