Waterberg platinum group metals project poised for $1.8bn funding uplift
The Waterberg platinum group metals (PGMs) project in South Africa’s Limpopo province is poised for a $1.8-billion funding uplift as part of a private placement being conducted by Toronto- and New York-listed Platinum Group Metals. Planned is the selling of 800 000 shares at $1.26 each to Hosken Consolidated Investments, to enable the South African company to return to being a 26% beneficial shareholder.
The Waterberg platinum group metals (PGMs) project in South Africa’s Limpopo province is poised for a $1.8-billion funding uplift as part of a private placement being conducted by Toronto- and New York-listed Platinum Group Metals. Planned is the selling of 800 000 shares at $1.26 each to Hosken Consolidated Investments, to enable the South African company to return to being a 26% beneficial shareholder.
