Platinum Group Metals Ltd.

Recent News

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

Platinum Group Metals Ltd. Enters into At-The-Market Offering Sales Agreement

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 5, 2021) - 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 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...

2021-02-05 4:50 PM EST

Platinum Group Metals Ltd. Announces Mining Right Granted for Waterberg Joint Venture Palladium, Platinum, Gold and Rhodium Mine

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 3, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports that the Department of Mineral Resources and Energy ("DMRE") of South Africa has notified the Company in writing that the Waterberg JV Resources (Pty) Ltd. Mining Right for the Waterberg Project (the "Waterberg Mining Right") has been granted. The Waterberg Project is located on the Northern Limb of...

2021-02-03 1:00 AM EST

Platinum Group Metals Ltd. Subsidiary Lion Battery Technologies Granted Second US Patent New Provisional Patent Filed for PGMs in Lithium Batteries

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 19, 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 second patent to Florida International University ("FIU") related to platinum group metals ("PGMs") being used in lithium batteries. Under a sponsored research agreement ("SRA"), Lion has...

2021-01-19 1:00 AM EST

Platinum Group Metals Ltd. Reports First Quarter Results

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 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 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...

2021-01-13 5:30 PM EST

Platinum Group Metals Ltd. Closes Non-Brokered Private Placement with Largest Shareholder

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 8, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") 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...

2020-12-08 5:30 PM EST

Platinum Group Metals Ltd. Announces Non-Brokered Private Placement

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 1, 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 sell 1,121,076 common shares of the Company at price of US$2.23 each for gross proceeds of US$2.5 million (the "Private Placement") to existing major beneficial shareholder, Hosken Consolidated Investments Limited ("HCI"). The Company intends to...

2020-12-01 5:30 PM EST

Platinum Group Metals Ltd. Completes At-The-Market Offering

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 1, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") 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 (the "Sales Agreement") with BMO Capital Markets Corp. ("BMO"). Under the Sales Agreement, Platinum Group...

2020-12-01 1:00 AM EST

Platinum Group Metals Ltd. Reports 2020 Annual Results

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - November 25, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") 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"). The Waterberg Project...

2020-11-25 5:00 PM EST

Platinum Group Metals Ltd. Closes Non-Brokered Private Placement with Largest Shareholder

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - October 15, 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$2.18 each. An aggregate of 1,146,790 common shares were subscribed for and issued resulting in gross proceeds to the Company of US$2,500,002.20 (the "Private Placement") to existing major beneficial...

2020-10-15 6:00 PM EDT

Platinum Group Metals Ltd. Announces Non-Brokered Private Placement

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - October 8, 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 sell 1,146,790 common shares of the Company at price of US$2.18 each for gross proceeds of US$2.5 million (the "Private Placement") to existing major beneficial shareholder, Hosken Consolidated Investments Limited ("HCI"). The Company intends to...

2020-10-08 7:00 PM EDT

Platinum Group Metals Ltd. Added to the S&P/TSX SmallCap Index

British Columbia and Johannesburg, South Africa--(Newsfile Corp. - September 30, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") is pleased to announce that it has been added to the S&P/TSX SmallCap Index as of September 21, 2020. The S&P/TSX SmallCap Index provides an investable index for the Canadian small cap market and was developed with industry input as the ideal benchmark for those with small cap exposure to the Canadian...

2020-09-30 5:00 AM EDT

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

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...

2020-09-14 3:00 AM EDT

Platinum Group Metals Ltd. Enters Into At-The-Market Offering Sales Agreement

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...

2020-09-04 5:05 PM EDT

Platinum Group Metals Ltd. Reports Third Quarter Results

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...

2020-07-15 5:00 PM EDT

Platinum Group Metals Ltd. Closes Non-Brokered Private Placement

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...

2020-06-17 5:30 PM EDT

Platinum Group Metals Ltd. Received Notice That Impala Platinum Will Not Exercise Option

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...

2020-06-15 1:48 PM EDT

Platinum Group Metals Ltd. Announces Non-Brokered Private Placement

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...

2020-06-02 5:09 PM EDT

Platinum Group Metals Ltd. Reports Second Quarter Results

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...

2020-04-08 5:00 PM EDT

Platinum Group Metals Ltd. Reports Impala's Waterberg Amended Purchase and Development Option Agreement Completed; Work Program in Progress

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...

2020-04-03 12:05 AM EDT

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