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Platinum Group Metals Ltd T.PTM

Alternate Symbol(s):  PLG

Metals & Mining Industrial Metals & Minerals
Platinum Group Metals Ltd. is a Canada-based platinum and palladium focused exploration and development company. The Company is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project is located on the Northern Limb of the Bushveld Igneous Complex, approximately 85 kilometers (km) north of the town of Mokopane. The Waterberg Project covers an area of approximately 29,161 hectares (ha) consisting of the Waterberg Mining Right, one active prospecting right, and one application for the incorporation of two adjacent farms into the Waterberg Mining Right. Of the total project area, 20,482 ha are covered by the Waterberg Mining Right. Waterberg is a joint venture between the Company, Impala Platinum Holdings Ltd., HJ Platinum, which consists of JOGMEC (Japan Oil, Gas and Metals National Corporation) and Hanwa Co. and Black Economic Empowerment (BEE) partner Mnombo Wethu Consultants (Pty) Ltd.


TSX:PTM - Post by User

Platinum Group Metals Ltd
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Comment by rockhound73on Aug 09, 2014 11:15am
266 Views
Post# 22825035

RE:PTM! Get the financing completed so

RE:PTM! Get the financing completed soI believe all that is holding up financing is the arbitrator's determination of the specific dilution of the BEE partners ownership due to failing to come up with their portion of capital.

Should be any day now.
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