PLG News

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 12, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") 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 (the "Private Placement"). ...

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 14, 2020) - 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, 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 (the "Waterberg Project"). ...

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Vancouver, British Columbia--(Newsfile Corp. - August 15, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (the "Company" or "Platinum Group Metals") announces that it has entered into an agreement with BMO Capital Markets ("BMO") under which BMO has agreed to buy on a bought deal basis in the United States 8,326,957 common shares of the Company (the "Offered Shares"), at a price of US$1.25 per Offered Share for gross proceeds of ...

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 21, 2020) - 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 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 ...

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - November 25, 2019) - 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, 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"). ...

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - February 27, 2020) -  Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: NPLG) ("Platinum Group" or the "Company") and Impala Platinum Holdings Ltd. (JSE-IMP) ("Implats") announce that the shareholders of Waterberg JV Resources Proprietary Limited ("Waterberg JV Co.") have agreed to amend the terms of the Implats Purchase and Development Option (defined below), which was due to be exercised on April 17, 2020 following the ...

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that further to its news release dated September 24, 2019 announcing an Independent Definitive Feasibility Study ("DFS") 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"). The DFS Technical Report was ...

Vancouver, British Columbia, and Johannesburg, South Africa--(Newsfile Corp. - December 19, 2019) - 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 $1.24 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 (the "Private Placement"). A 6% cash ...

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 15, 2019) - 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, 2019 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements for the nine months ended May 31, 2019 (the "Financial Statements") and Management's Discussion ...

Vancouver, British Columbia--(Newsfile Corp. - October 29, 2019) -  Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") 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 ("DFS") for its Waterberg Platinum and Palladium Project, located on the Northern Limb ...

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 ...

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 5, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports that the shareholders of Waterberg JV Resources (Pty) Limited ("Waterberg JV Co.") have today unanimously approved a recently completed Definitive Feasibility Study for the Waterberg Project (the "Waterberg DFS"). The Waterberg DFS was provided to the shareholders on September 4, 2019. The Waterberg ...

Moody's Investors Service ("Moody's") has today affirmed the Baa2 long term issuer rating and (P)P-2 short term ratings of Anglo American plc ("Anglo American") as well as the Baa2 ratings of the group's senior unsecured instrument rating. Moody's also affirmed the (P)Baa2 senior unsecured rating and (P)P-2 short term rating on Anglo American's medium-term note (MTN) program.

IRR Post Tax of 20.7% at Spot Metal Prices Including an Estimated Smelter Discount (September 4, 2019)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 yearsAnnual Steady State Production of 420,000 Ounces of Palladium, Platinum Gold and Rhodium plus 16.7 million Pounds of Nickel and CopperFully Mechanised, Shallow, Decline-Accessed Mine would be One of the Largest and Lowest Cash ...

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 11, 2019) - 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 1,613,683 common shares of the Company at price of US$1.24 each for gross proceeds of US$2.0 million (the "Private Placement"). An existing major beneficial shareholder of the Company, Hosken Consolidated Investments ...

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 ...

Vancouver, British Columbia--(Newsfile Corp. - February 25, 2020) - Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) 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_MBRCTTLPresentation materials can be accessed on the Company's website at:www.platinumgroupmetals.netAbout Platinum Group ...

Vancouver, British Columbia--(Newsfile Corp. - August 21, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (the "Company" or "Platinum Group Metals") 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 (the "Offered Shares") at a price of US$1.25 per Offered Share for gross proceeds of approximately US$10.4 million (the "Public Offering"). ...