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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 4, 2013) - Platinum Group Metals Ltd., (TSX:PTM)(NYSE Amex:PLG)(NYSE MKT:PLG) (the "Company" or "Platinum Group Metals") has closed its previously announced public offering of common shares (the "Offering"). Pursuant to the Offering, the Company issued 225,000,000 common shares at a price of C$0.80 per common share, for aggregate gross proceeds of C$180,000,000. BMO Capital Markets, RBC Capital Markets and GMP Securities L.P. acted as joint bookrunners on the Offering and Raymond James Ltd., Stifel Nicolaus Canada Inc., CIBC and Cormark Securities Inc. acted as co-managers on the Offering. |