- Write by:
-
Friday, October 16, 2020 - 12:59:15 PM
-
573 Visit
-
Print
Mining News Pro - Platinum Group Metals (PTM) has closed the private placement to existing major beneficial shareholder Hosken Consolidated Investments (HCI) through its subsidiary Deepkloof.
Closing of the private placement raised gross proceeds of $2.5-million for PTM and allowed HCI to maintain a shareholding of over 31% in the company.
PTM intends to use the net proceeds of the placement for its share of predevelopment costs on the Waterberg project, in South Africa, partial debt repayment and general corporate and working capital purposes.
Short Link:
https://www.miningnews.ir/En/News/606207
Mining News Pro - The strong operational and financial performance of platinum group metals (PGMs) company Anglo ...
Mining News Pro - Platinum group metals miner Northam reports that, following the early maturity of its black economic ...
Mining News Pro - Buoyed by the high rand platinum group metals (PGMs) basket price, Impala Platinum Holdings Limited ...
Mining News Pro - Platinum group metals mining and marketing company Anglo American Platinum said on Monday that it was ...
Mining News Pro - Sibanye-Stillwater said on Thursday higher metals prices and stronger than forecast output had lifted ...
Mining News Pro - South Africa`s Department of Mineral Resources and Energy (DMRE) has granted a mining right for ...
Mining News Pro - Platinum group metals and chrome concentrate producer Tharisa has concluded a four-year wage agreement ...
Mining News Pro - Investment approval for the solar project at the Mogalakwena platinum group metals (PGMs) mine in ...
Mining News Pro - The advancement of the palladium-dominant Waterberg project to a development and construction decision ...
No comments have been posted yet ...