Vancouver, British Columbia and Johannesburg, South Africa–(Newsfile Corp. – December 8, 2021) –( ) (NYSE American: PLG) (“Platinum Group” “PTM” or the “Company“) announces that Frank Hallam has been appointed to the position of President and Chief Executive Officer (“CEO“) effective immediately, following his serving as Interim President and CEO since July 2021.
Mr. Hallam’s appointment was unanimously approved by the Board of Platinum Group. Diana Walters, Chair of the Board commented, “Frank has led the Company well over a four-month transitionary period and the Board is confident that he will continue to provide the leadership and expertise required to guide the Company through the challenges and opportunities ahead as we advance development of the Company’s world class Waterberg Project.”
Frank Hallam, a director and former CFO of the Company, has been with the Company since its inception in 2002 and co-founded one of the Company’s two predecessor corporations in 1983. Mr. Hallam was also a co-founder ofand West Timmins Mining Inc. Mr. Hallam previously served as an auditor in the mining practice of Coopers and Lybrand (now PricewaterhouseCoopers) and is a qualified CPA, CA, and holds a degree in Business Administration.
Aboutand Waterberg Project
is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Impala Platinum Holdings Ltd., Mnombo Wethu Consultants (Pty) Ltd., Japan Oil, Gas and Metals National Corporation and Hanwa Co. Ltd.
On behalf of the Board of
Chair of the Board
For further information contact:
Kris Begic, VP, Corporate Development
Tel: (604) 899-5450 / Toll Free: (866) 899-5450
The Toronto Stock Exchange and the NYSE American have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.
This press release may contain forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of U.S. securities laws (collectively “forward-looking statements”). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include, but are not limited to the Waterberg Project being a world class project or becoming one of the largest and potentially lowest cash cost underground platinum group metals mines globally, financing and mine development of the Waterberg Project, the market for platinum group metals, the potential of platinum group metals in batteries, and Lion Battery Technologies’ development of next generation battery technology. Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors. The Company directs readers to the risk factors described in the Company’s Form 20-F annual report, annual information form and other filings with the Securities and Exchange Commission and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107085
Fortuna Silver Mines Inc. (FSM) Reached A New High 1 time During The Past Five Days
As of Wednesday close, Fortuna Silver Mines Inc.’s (NYSE:FSM) stock was down -$0.02, moving down -0.68 percent to $2.90. The average number of shares…
AGNICO EAGLE REPORTS FIRST QUARTER 2022 RESULTS – STRONG OPERATIONAL PERFORMANCE; INTEGRATION AHEAD OF SCHEDULE AND CORPORATE MERGER SYNERGIES BETTER THAN EXPECTED; GOOD PROGRESS AT KEY EXPLORATION AND DEVELOPMENT PROJECTS
McEwen Mining: 2021 Year End and Q4 Results
TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported fourth quarter and full year results for the period…
ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Pure Gold Mining Inc. Investors With Losses to Inquire About Securities Class Action Investigation – LRTNF
Dolly Varden Silver Mobilizes Three Drill Rigs to Commence an Initial 30,000 Meters of Resource Expansion, Upgrade and Exploration Drilling
Talon Metals Releases Record Length of High-Grade Nickel Mineralization at the Tamarack Nickel Project
Value of Uranium Keeps Rising as Global Demand for Nuclear Energy Grows
ONE WORLD LITHIUM Jack Liftons Comments on the Lithium Industry and US Doe Patent
Prosper Gold Reports Drill Results and Outlines Additional Targets at Golden Sidewalk Project, Red Lake, ON
Mega Uranium Ltd. Completes Sale of Labrador Property
THE MINISTRY OF MINES AND ENERGY OF NAMIBIA FINALLY FILED ITS DEFENSE ON MAY 17, 2022
Sama Enters into Share Purchase Agreements for Sale of 5,625,000 shares in SRG Mining Inc.
MAS Gold Announces New Terms for Private Placement Financing
Financing News18 hours ago
Mountain Province Diamonds Announces Changes to its Board of Directors
Companies24 hours ago
Nevada Sunrise Receives Final Lithium Analyses from Borehole GEM22-02 – Mineralized Intersection Improves to 1,101 ppm Lithium over 730′
Economics17 hours ago
Xi’s National Security ‘Stimulus’ Reaches The People’s Bank of China
Economics22 hours ago
Global Stocks Flirt With Record Losing-Run As Commodities Prosper
Economics19 hours ago
Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid
Companies19 hours ago
Gold Lion Announces Appointment of Steven Hong to Board of Directors
Economics22 hours ago
What Can Stop This Relentless Selling? Some Thoughts From JPMorgan
Energy & Critical Metals22 hours ago
Bannerman Energy (ASX:BMN) Acquires NMI for Critical Metals Projects in Canada and Namibia