|
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 12, 2012) - Platinum Group Metals Ltd., (TSX:PTM)(NYSE Amex:PLG)(NYSE MKT:PLG) (the "Company" or "Platinum Group Metals") has priced its previously announced public offering of common shares (the "Offering"). Pursuant to the Offering, the Company will issue 225,000,000 common shares at a price of C$0.80 per common share, for aggregate gross proceeds of C$180,000,000. The Company will file an amended and restated preliminary short form prospectus with the securities commissions in all provinces of Canada, and will file an amendment to the registration statement with the United States Securities and Exchange Commission. Closing of the Offering is expected to occur on or about January 4, 2013. |
