Platinum Group Metals Ltd.

Platinum Group Metals Ltd.

Platinum Group Metals Ltd.

Overview
Date Founded

2000

Headquarters

Bentall Tower 5,550 Burrard Street,Suite 2300,Vancouver, BC V6C 2B5

Type of Company

Public

Employees (Worldwide)

183

Industries

Non-Energy Mining & Minerals
Metal Manufacturing & Products

Company Description

Platinum Group Metals Ltd. is based in Vancouver, BC, Canada and Johannesburg, South Africa. Platinum Group has a solid management team with successful track records and more than 20 years in exploration, mine discovery, mine construction and mine operations. The Company was formed in 2000 and is focused on the development of platinum operations. It holds significant mineral rights in the Bushveld Igneous Complex of South Africa, host to 80% of the World's platinum production. View a demonstration of how the Bushveld was formed. The Company is focused on moving its first, high-grade, near-surface Western Bushveld Joint Venture (WBJV) platinum deposit to production. The issuance of the Mining Right for the project on April 4, 2012 was an important milestone, allowing the Company to move forward with its development plans for the robust project. An updated feasibility study was completed in October of 2009. Construction of the WBJV Platinum Mine started in January 2011 with a $100M USD first phase program focused on decline construction and underground development. In August 2011 a project loan mandate was awarded for a $260M USD senior loan facility. In December 2012 the banks received credit committee approval for the loan and closing and draw down of the loan facility is now subject to the negotiation and execution of final documentation and satisfaction of conditions precedent. Platinum Group is active in platinum exploration in South Africa and Canada. The current focus for exploration is the Waterberg discovery on the North Limb of the Bushveld Complex. The Waterberg Project is partnered with JOGMEC (Japan Oil and Gas Mineral Exploration Corporation) a state owned company

Contact Data
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Executives & Employees

Co-Founder

Director, Corporate Secretary & Chief Financial Officer

Corporate Counsel

Vice President-Corporate Development

FGC Director

Advisor

Advisor

Project Finance Advisor

SLP Manager, Platinum Group Metals (RSA) (Pty) Ltd

Senior Geologist

Board of Directors

Chief Executive Officer & Executive Director at Hosken Consolidated Investments Ltd.

Co-Founder at MAG Silver Corp.

President & Chief Executive Officer at Nickel Creek Platinum Corp.

President at Marlow & Associates, Inc.

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Owners & Shareholders
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Liberty Mutual Insurance Co.'s portfolio is primarily invested in bonds, cash and short-term investments. Investments are heavily concentrated in fixed-income, investment-grade securities.

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TAM is an active manager which invests in commodity futures through sophisticated, excess-value generating strategies covering the energy, industrial metals, precious metals and agriculture sectors.The firm’s strategies, including commodity long only, commodity indices, commodity equities, commodity fund of funds and fixed-income/equities, are fundamentally-based and built on quantitative models with a discretionary overlay.Risk management is an integral part of their investment process.

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TAM is an active manager which invests in commodity futures through sophisticated, excess-value generating strategies covering the energy, industrial metals, precious metals and agriculture sectors.The firm’s strategies, including commodity long only, commodity indices, commodity equities, commodity fund of funds and fixed-income/equities, are fundamentally-based and built on quantitative models with a discretionary overlay.Risk management is an integral part of their investment process.

Recent Transactions
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Platinum Group Metals Ltd. issued . USD Common Shares - Bought Deal

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Platinum Group Metals Ltd. issued . USD Units Consisting of Common Stock and Warrants

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Impala Platinum Holdings Ltd. purchases Waterberg Project Assets from Platinum Group Metals Ltd.

Transaction Advisors
Auditor

Advised onPlatinum Group Metals Ltd. issued CAD Common Stock

Underwriter

Advised onPlatinum Group Metals Ltd. issued CAD Common Stock

Escrow Agent

Advised onPlatinum Group Metals Ltd. issued USD Common Stock

Managing Director

Advised onPlatinum Group Metals Ltd. issued CAD Common Stock

Legal Advisor

Advised onPlatinum Group Metals Ltd. issued CAD Common Stock

Legal Advisor

Advised onPlatinum Group Metals Ltd. issued CAD Common Stock

Advisors & Consultants
Legal Advisor

Partner at Gowling WLG LLP

Key Stats and Financials As of 2019
Market Capitalization
$158M
Total Enterprise Value
$108M
Earnings Per Share
$-0.51
TEVNet Income
-6.48x
Debt TEV
0.32x
Three Year Compounded Annual Growth Rate Of Revenue
0%
Five Year Compounded Annual Growth Rate Of Revenue
0%
Revenue
$0
Net Profit
$-16.7M
EBITDA
$-4.36M
Total Debt
$34.9M
Total Equity
$-1.16M
Non-Profit Donations & Grants
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