PTM completes $1m nonbrokered private placement
TSX- and NYSE-listed Platinum Group Metals (PTM)on May 29 closed a previously announced nonbrokered private placement. An aggregate of 800 000 common shares were subscribed for and issued to existing major beneficial shareholder, Hosken Consolidated Investments (HCI) through its subsidiary Deepkloof, resulting in gross proceeds to the company of nearly $1.01-million.
TSX- and NYSE-listed Platinum Group Metals (PTM)on May 29 closed a previously announced nonbrokered private placement. An aggregate of 800 000 common shares were subscribed for and issued to existing major beneficial shareholder, Hosken Consolidated Investments (HCI) through its subsidiary Deepkloof, resulting in gross proceeds to the company of nearly $1.01-million.
