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BRIEF-Platinum Group Metals reports $20 mln bought deal financing

Published 2017-04-18, 04:42 p/m
© Reuters.  BRIEF-Platinum Group Metals reports $20 mln bought deal financing
PTM
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April 18 (Reuters) - Platinum Group Metals Ltd PTM.TO :

* Platinum Group Metals announces us$20 million bought deal financing

* Platinum Group Metals -intends to use net proceeds of offering for underground development and production ramp-up of maseve mine, among others

* Platinum Group Metals - entered into agreement with BMO capital markets under which BMO agreed to buy on bought deal basis 15.4 million common shares of co Source text for Eikon: ID:nCCN78Yt25 Further company coverage: PTM.TO

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