Brief: Platinum Group Metals announces us$33 mln bought deal financing

Platinum Metals

05/05/2016 21:56

May 5 (Reuters) - Platinum Group Metals Ltd  PTM.TO  
    * Platinum Group Metals announces us$33 million bought deal 
financing 
    * Underwriters have agreed to buy on a bought deal basis 11 
million common shares at a price of us$3.00 per common share 
    * Net proceeds of offering used towards underground 
development and ramp-up of production at project 1 "Maseve" 
platinum mine 
 
Source text for Eikon:  ID:nMKWDKL0ra  
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