The Toronto Stock Exchange reports that Platinum Group Metals Ltd. will list additional common shares. As stated in the prospectus supplement dated Dec. 5, 2024, to the company's short form base shelf prospectus dated Nov. 13, 2024, the company is issuing up to $50-million (U.S.) of shares to the public, pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.

According to the TSX, the ATM sales will be made directly on the TSX or the NYSE American LLC, or any other trading market for the shares in Canada or the United States, during the period commencing Dec. 5, 2024, and ending on the earlier of: (i) Dec. 13, 2026; (ii) the issuance and sale of all the shares subject to the equity distribution agreement dated Dec. 5, 2024; and (iii) the termination of the distribution agreement. As a result of the ATM procedures, prices may vary as between purchasers and during the period of distribution.