Platinum Group Metals Ltd.

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 [...]

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 [...]