Platinum Group Metals Ltd. President and Chief Executive Officer, R. Michael Jones will present at the 29th Annual BMO Capital Markets Global Metals & Mining Conference in Hollywood, Florida on Wednesday, February 26, 2020 at 11:15 a.m. Eastern Time. The live presentation and replay will be available at: https://cc.talkpoint.com/bmoc001/022320a_js/?entity=40_MBRCTTL Presentation materials can be accessed on the Company's [...]
Platinum Group Metals Ltd. is pleased to announce positive results from its Annual General Meeting held on February 20, 2020 in Vancouver, BC. The meeting had a turnout of shareholders representing 65.4% 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 [...]
Vancouver, British Columbia and Johannesburg, South Africa-- - Platinum Group Metals Ltd. reports the Company's financial results for the three months ended November 30, 2019 and provides a summary of recent events and outlook. The Company is focused on advancing the palladium dominant Waterberg Project located on the North Limb of the Bushveld Complex in South Africa . An independent Definitive Feasibility Study for the [...]
Platinum Group Metals reports closing of the Company's previously announced non-brokered private placement of common shares at price of US $1.24 each. An aggregate of 3,225,807 common shares were subscribed for and issued resulting in gross proceeds to the Company of US $4.0 million. A 6% cash finder's fee in the amount of US $54,232 was paid in cash on a portion of the Private Placement. Hosken Consolidated Investments [...]
Platinum Group Metals Ltd. reports that the Company intends, subject to regulatory approval, to increase the size of its previously announced non-brokered private placement to an aggregate of up to 3,225,807 common shares of the Company at price of US$1.24 each for gross proceeds of US$4.0 million . An existing major beneficial shareholder of the Company, Hosken Consolidated Investments Limited, has confirmed their [...]
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 [...]