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BRIEF-Platinum Group Metals Ltd - exploring further debt, sale of assets or equity

Published 2017-07-31, 08:52 a/m
© Reuters.  BRIEF-Platinum Group Metals Ltd - exploring further debt, sale of assets or equity

July 31 (Reuters) - Platinum Group Metals Ltd PTM.TO

* Platinum Group Metals Ltd operational and strategic process update

* Platinum Group Metals Ltd - exploring further debt, sale of assets or equity

* Platinum Group Metals Ltd - has received several proposals and is actively engaged in evaluating "opportunities" at both asset and corporate levels

* Platinum Group Metals Ltd - several expressions of interest have been received for maseve mine assets

* Platinum Group Metals Ltd - co has changed operating plan at maseve and lowered its cost structure to align with reduced production ramp up profile

* Platinum Group Metals - has active interest in its waterberg project from multiple parties in south africa and internationally with discussions ongoing

* Platinum Group Metals Ltd - company continues to work with BMO capital markets and macquarie capital to review and assess strategic alternatives

* Platinum Group Metals Ltd - is actively exploring possible synergies, sale of assets, joint ventures, direct investment and custom milling at maseve

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