Brief: Platinum Group Metals announces Hanwa Co. Ltd. to join Waterberg Joint Venture

Platinum Metals

09/03/2018 07:06

March 9 (Reuters) - Platinum Group Metals Ltd  PTM.TO :
    * ANNOUNCES DIVERSIFIED JAPANESE TRADING COMPANY HANWA CO.
LTD. TO
JOIN WATERBERG JOINT VENTURE
    * PLATINUM GROUP METALS -‍IMPALA PLATINUM PAID $30 MILLION
FOR A
15% INTEREST IN WATERBERG PROJECT INCLUDING A RIGHT OF FIRST
REFUSAL FOR CONCENTRATE OFFTAKE​
    * PLATINUM GROUP METALS - ‍JAPAN OIL, GAS AND METALS
NATIONAL CORP
AND HANWA SIGNED MOU TO TRANSFER PART OF JOGMEC'S INTEREST IN
WATERBERG JV
    * ‍WINNER OF BIDDING WAS HANWA, AND JOGMEC WILL NOW START
NEGOTIATION ON TERMS OF TRANSFER WITH HANWA​

Source text for Eikon:  ID:nGNX8cqkJN 
Further company coverage:  PTM.TO 

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