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.

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Platinum Group Metals Ltd

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Comment by grape562000on Jun 28, 2017 10:09am

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Post# 26413262

RE:RE:RE:RE:RE:RE:RE:US$20 Million 6 7/8% Convertible Senior Subordin

I can't agree with you. This is far preferable to another round of dilution and will be paid back over time out of earnings. Nice that we have reached the point that debt can used for financing. You may have noticed that Pretium (also near production or recently started production) raised money in exactly this way. I for one am feeling encouraged and expect all of us to be feeling better when October arrives.

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