VANCOUVER, British Columbia and JOHANNESBURG, South Africa, April 06, 2018 -- Platinum Group Metals Ltd. reports that Maseve Investments 11 Limited has now completed the sale of the Maseve concentrator plant and certain surface rights to Royal Bafokeng Platinum Ltd. . The Company and RBPlat executed definitive agreements for a two-step transaction valued at approximately US$74 million on November 23, 2017 1. Conditions [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, March 08, 2018 -- Platinum Group Metals Ltd. is pleased to announce that on March 8, 2018, Japan Oil, Gas and Metals National Corporation and Hanwa Co., Ltd. signed a memorandum of understanding to transfer part of JOGMEC’s interest in the Waterberg Palladium, Platinum, Gold, Rhodium and Copper, Nickel Project, located in the Bushveld Complex of the [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Feb. 23, 2018 -- Platinum Group Metals Ltd. is pleased to announce the positive results from its Annual General Meeting held on February 23, 2018 in Vancouver, BC. The meeting had a turnout of shareholders representing over 62% 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. 14, 2018 -- Platinum Group Metals Ltd. reports that all remaining conditions precedent to the sale of the Maseve concentrator plant and certain surface rights to Royal Bafokeng Platinum Ltd. have been fulfilled. The Company and RBPlat executed definitive sale and purchase agreements on November 23, 2017 in a transaction valued at approximately US$74 million [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Jan. 16, 2018 -- Platinum Group Metals Ltd. reports that on January 16, 2018, the South African Competition Tribunal approved the transaction announced earlier whereby Royal Bafokeng Platinum Limited will acquire a 100% equity interest in Maseve Investments 11 Ltd. . The approval is subject to certain conditions, agreed to by RBPlats, focused on jobs in the [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Jan. 11, 2018 -- Platinum Group Metals Ltd. reports the Company’s financial results for the three months ended November 30, 2017 and provides recent events and outlook. For details of the condensed consolidated interim financial statements for the three months ended November 30, 2017 and Management’s Discussion and Analysis for the three months ended [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Dec. 11, 2017 -- Platinum Group Metals Ltd. is pleased to announce that the ongoing Definitive Feasibility Study for the Waterberg Project is now being advanced under the direction of the Technical Committee appointed by Waterberg JV Resources Ltd. . Seventeen drill rigs are on site and have commenced drilling with the objectives of defining the shallowest areas [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Nov. 29, 2017 -- Platinum Group Metals Ltd. reports the Company’s financial results for the year ended August 31, 2017 and provides recent highlights and outlook. For details of the audited consolidated financial statements , Management’s Discussion and Analysis, and Annual Information Form for the year ended August 31, 2017, please see the [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Nov. 23, 2017 -- Platinum Group Metals Ltd. announces the completion of due diligence and the execution of binding legal agreements to sell Maseve Investments 11 Proprietary Limited to Royal Bafokeng Platinum Limited in a transaction valued at approximately US$74.0 million, payable as to US$62.0 million in cash and US$12.0 million in RBPlat common shares. The [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Platinum Group Metals Ltd. (TSX:PTM) (NYSE American:PLG) (“Platinum Group”, “PTM” or the “Company”) is pleased to report the closing of the first phase of the transaction involving the Waterberg platinum group metal (“PGM”) Project (the “Waterberg Project”) announced on [...]
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Oct. 16, 2017 (GLOBE NEWSWIRE) -- Platinum Group Metals Ltd. (TSX:PTM) (NYSE American:PLG) (“Platinum Group”, “PTM” or the “Company”) is pleased to announce that Impala Platinum Holdings Ltd. (JSE:IMP) (“Implats”) has entered into definitive agreements (the “Implats Transaction”) with Platinum Group, the [...]
VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA--(Marketwired - Sep 6, 2017) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE American:PLG)(NYSE MKT:PLG) ("Platinum Group" "PTM" or the "Company") announces that it has entered into a term sheet (the "Term Sheet") to sell Maseve Investments 11 Proprietary Limited ("Maseve") to Royal Bafokeng Platinum Limited ("RBPlat") in a transaction valued at approximately US$74.0 [...]