Platinum Group Metals (PLG) Enters $40M Common Shares Bought Deal Financing Agreement
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Platinum Group Metals Announces US$40 Million Bought Deal Financing
October 24, 2016 4:09 PM EDTVANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/24/16 -- Platinum Group Metals Ltd., (TSX: PTM)(NYSE MKT: PLG) (the "Company" or "Platinum Group Metals") has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets under which the underwriters have agreed to buy on a bought deal basis 22,230,000 common shares of the Company (the "Common Shares"), at a price of US$1.80 per Common Share for gross proceeds of US$40,014,000 million (the "Offering"). The Company has granted the Underwriters an option,... More
