Platinum group metals ltd. announces non-brokered private placement and planned full repayment of credit facility

Vancouver, 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...
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