Platinum Group Metals Announces Positive Results of Annual General Meeting of Shareholders
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 28, 2022) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") is pleased to announce positive results from its Annual General Meeting held on February 28, 2022 in Vancouver, British Columbia. The meeting had a turnout of shareholders representing 54.42% of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the Board and the...
2022-02-28 5:30 PM EST
Platinum Group Metals Ltd. Completes Non-Brokered Private Placement and Fully Repays Credit Facility
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 14, 2022) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports the closing on February 11, 2022 of a non-brokered private placement of common shares at price of US$1.695 per common share as previously announced on January 25, 2022. An aggregate of 3,539,823 common shares were subscribed for and issued to existing major beneficial shareholder, Hosken Consolidated...
2022-02-14 3:05 AM EST
Platinum Group Metals Ltd. Completes Purchase and Cancellation of US $20 Million Convertible Notes
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 11, 2022) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") has completed the privately negotiated purchase and cancellation of the Company's US $20 million 6 7/8% Convertible Senior Subordinated Notes (the "Notes") due July 1, 2022 pursuant to the agreements previously announced on January 20, 2022. On the purchase of the Notes, the Company issued to the holders,...
2022-02-11 4:30 PM EST
Platinum Group Metals Ltd. Announces Non-Brokered Private Placement and Planned Full Repayment of Credit Facility
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 25, 2022) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that it intends, subject to regulatory approval, to sell 3,539,823 common shares of the Company at price of US$1.695 each for gross proceeds of US$6.0 million (the "Private Placement") to existing major beneficial shareholder, Hosken Consolidated Investments Limited ("HCI"). The Company intends to use the...
2022-01-25 5:00 PM EST
Platinum Group Metals Ltd. to Purchase and Cancel US $20 Million Convertible Notes
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 20, 2022) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") has entered into privately negotiated agreements with the beneficial owners of US $20 million of the Company's 6 7/8% Convertible Senior Subordinated Notes (the "Notes") due July 1, 2022 under which the Company will purchase and cancel the Notes. The Notes were originally sold to institutional investors on...
2022-01-20 5:00 PM EST
Platinum Group Metals Ltd. Reports First Quarter Results
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 13, 2022) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2021 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...
2022-01-13 5:00 PM EST
Platinum Group Metals Ltd. Announces the Appointment of Frank Hallam as President and CEO
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 8, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") announces that Frank Hallam has been appointed to the position of President and Chief Executive Officer ("CEO") effective immediately, following his serving as Interim President and CEO since July 2021. Mr. Hallam's appointment was unanimously approved by the Board of Platinum Group. Diana Walters, Chair of...
2021-12-08 4:30 PM EST
Platinum Group Metals Ltd. Reports 2021 Annual Results
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - November 24, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE: PLG) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") reports the Company's financial results for the year ended August 31, 2021 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"). The...
2021-11-24 4:30 PM EST
Platinum Group Metals Ltd. Provides Waterberg Project Update
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - October 14, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") provides the following Waterberg Project update:Geotechnical DrillingA geotechnical drilling campaign at the Waterberg Project, which commenced in July 2021, is now in process of completion and demobilization. The geotechnical drilling campaign consisted of 46 boreholes drilled along the planned centerline...
2021-10-14 5:00 AM EDT
Platinum Group Metals Ltd. Reports Resignation of Board Member Enoch Godongwana Following Appointment as South Africa's Minister of Finance
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - August 9, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports that on August 5, 2021, South African President Cyril Ramaphosa appointed Mr. Enoch Godongwana as South Africa's Minister of Finance. As a result, Mr. Godongwana has resigned as a member of the Board of Directors of the Company so that he may focus his efforts as Minister of Finance.The Board...
2021-08-09 6:30 AM EDT
Platinum Group Metals Ltd. Reports Notice of Planned Motion for Interdict
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - August 2, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports the receipt of notice that the Mining and Environmental Justice Community Network of South Africa, claiming to be a community networking body, together with a group of residents from certain communities located near planned surface infrastructure associated with the Waterberg Mine (the "Applicants"), intend...
2021-08-02 6:30 AM EDT
Platinum Group Metals Ltd. Announces the Resignation of R. Michael Jones as President and CEO and the Appointment of Frank Hallam as Interim President and CEO
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 29, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") announces the resignation of the Company's CEO, President and director, R. Michael Jones, effective immediately. Mr. Jones has agreed to continue as a consultant to Platinum Group until December 31, 2021 to provide transition assistance. Frank Hallam, a director and, most recently, CFO of the Company, has...
2021-07-29 5:30 PM EDT
Platinum Group Metals Ltd. Reports Third Quarter Results
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 15, 2021) - 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, 2021 and provides a summary of recent events and outlook. The Company is focused on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa (the "Waterberg Project"). The Waterberg Project is...
2021-07-15 5:30 PM EDT
Platinum Group Metals Ltd.'s Subsidiary Lion Battery Technologies Inc. Granted Third US Patent for PGMs Focused on Next Generation Lithium Sulphur Batteries
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 14, 2021) - 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 a third patent to Florida International University ("FIU") related to platinum group metals ("PGMs") being used in lithium batteries. Specifically, this third patent is related to PGMs in the...
2021-07-14 9:00 AM EDT
Platinum Group Metals Ltd. Announces Appointment of Enoch Godongwana to Company's Board of Directors
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - June 22, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") announced today that Mr. Enoch Godongwana has been appointed as a non-executive independent director to the Company's board, bringing the number of directors to seven. Mr. Godongwana obtained an Msc degree in Financial Economics from University of London in 1998 and has served in numerous roles in government,...
2021-06-22 7:00 AM EDT
Platinum Group Metals Ltd. Reports Court Application Opposing Environmental Authorization
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - May 13, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") has received notice that a group from the Kgatlu Community (the "Applicants"), located near planned surface infrastructure associated with the Waterberg Mine, has filed an application for an order in the High Court of South Africa (the "High Court") to review and set aside the decision by the Minister of Environment,...
2021-05-13 6:00 PM EDT
Platinum Group Metals Ltd. Reports Further Appeal
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - April 14, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that a further notice to appeal the decision granting Waterberg JV Resources (Pty) Ltd. a mining right was received by the Company on April 14, 2021. The notice is reported to be filed by a local community in the area of the proposed mine infrastructure. The Department of Mineral Resources...
2021-04-14 3:29 PM EDT
Platinum Group Metals Ltd. Reports Second Quarter Results
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - April 13, 2021) - 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 28, 2021 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")....
2021-04-13 5:00 PM EDT
Platinum Group Metals Ltd. Reports Notice of Appeal
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - March 8, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") confirms that a notice to appeal the decision granting Waterberg JV Resources (Pty) 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 ("DMRE)" granted the mining...
2021-03-08 8:10 AM EST
Platinum Group Metals Announces Positive Results of Annual General Meeting of Shareholders
British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 18, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") 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...
2021-02-18 6:28 PM EST