Platinum Group Metals Ltd.

Recent News

  • Anglo American Platinum and Platinum Group Metals Ltd. Subsidiary Lion Battery Technologies Granted US Patent

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - September 14, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") and subsidiary Lion Battery Technologies Inc. ("Lion") reports that the U.S. Patent and Trademark Office has issued Patent No. 10,734,636 B2 entitled "Battery Cathodes for Improved Stability" to Florida International University ("FIU"). Under a sponsored agreement (the "Sponsored Agreement"), Lion has exclusive rights to all technology being developed by FIU included patents...

    2020-09-14 3:00 AM ET
  • Platinum Group Metals Ltd. Enters Into At-The-Market Offering Sales Agreement

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - September 4, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that it has entered into an Equity Distribution Agreement (the "Sales Agreement") with BMO Capital Markets Corp. ("BMO"), effective as of September 4, 2020. 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$12.0 million in aggregate...

    2020-09-04 5:05 PM ET
  • Platinum Group Metals Ltd. Reports Third Quarter Results

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 15, 2020) -  Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the nine months ended May 31, 2020 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements (the "Financial Statements") and Management's Discussion and Analysis for the nine months ended May 31, 2020 please see the Company's...

    2020-07-15 5:00 PM ET
  • Platinum Group Metals Ltd. Closes Non-Brokered Private Placement

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - June 17, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports closing of the Company's previously announced non-brokered private placement of common shares at price of US $1.40 each. An aggregate of 1,221,500 common shares were subscribed for and issued resulting in gross proceeds to the Company of US $1.71 million (the "Private Placement"). A 6% cash finder's fee in the...

    2020-06-17 5:30 PM ET
  • Platinum Group Metals Ltd. Received Notice That Impala Platinum Will Not Exercise Option

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - June 15, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that this morning Impala Platinum Holdings Ltd. ("Implats") has given formal notice that it does not intend to exercise its option to purchase and earn into a 50.01% interest in the Waterberg Project. Implats stated that "notwithstanding the positive progress achieved on the Call Period Program to date, and the...

    2020-06-15 1:48 PM ET
  • Platinum Group Metals Ltd. Announces Non-Brokered Private Placement

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - June 2, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that the Company intends, subject to regulatory approval, to offer and sell an aggregate of 1,428,600 common shares of the Company at price of US$1.40 each for gross proceeds of US$2.0 million (the "Private Placement"). An existing major beneficial shareholder of the Company, Hosken Consolidated Investments Limited, is expected to participate...

    2020-06-02 5:09 PM ET
  • Platinum Group Metals Ltd. Reports Second Quarter Results

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - April 8, 2020) - Platinum Group Metals Ltd. (TSX: PTM); (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the six months ended February 29, 2020 and provides a summary of recent events and outlook. An implementation budget and work program are now underway advancing the Company's palladium dominant Waterberg project, located on the North Limb of the Bushveld Complex in South Africa (the...

    2020-04-08 5:00 PM ET
  • Platinum Group Metals Ltd. Reports Impala's Waterberg Amended Purchase and Development Option Agreement Completed; Work Program in Progress

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - April 3, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that shareholders of Waterberg JV Resources Proprietary Limited ("Waterberg JV Co.") have executed a formal Amended Purchase and Development Option agreement with Impala Platinum Holdings Ltd. ("Implats"). In consideration for the amendment, announced February 27, 2020, Implats is funding 100% of a new implementation budget and work program (the "Work...

    2020-04-03 12:05 AM ET