Platinum Group Metals signs equity distribution agreement for up to USD 60 million share offering
Platinum Group Metals entered into an equity distribution agreement with BMO Nesbitt Burns, BMO Capital Markets and Beacon Securities to issue and sell common shares from time to time. The program allows sales of up to USD 60 million in aggregate offering price through the agents, acting as sales agents. Agent compensation for sales under an agency transaction is set in the applicable transaction notice and is capped at 3% of gross proceeds. The shares are listed on the TSX and NYSE American, and the company said it has approvals in place to list up to 23.08 million shares on the TSX and 37.04 million shares on the NYSE American upon issuance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Platinum Group Metals Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-001380), on March 10, 2026, and is solely responsible for the information contained therein.
