-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UDPsjJXBPE/5/m14heWk0ZRbQILMjFiQDQj+naGRmzdc/dpofbrCI/8XC3jD9w7i 23tnLXvFKkM1takNLATwGw== 0000919574-06-001680.txt : 20060317 0000919574-06-001680.hdr.sgml : 20060317 20060317155451 ACCESSION NUMBER: 0000919574-06-001680 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060317 DATE AS OF CHANGE: 20060317 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PLATINUM GROUP METALS LTD CENTRAL INDEX KEY: 0001095052 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78328 FILM NUMBER: 06695934 BUSINESS ADDRESS: STREET 1: 328 - 550 BURRARD STREET STREET 2: SUITE 800 CITY: VANCOUVER STATE: A1 ZIP: V6C 2B5 BUSINESS PHONE: 6048995450 MAIL ADDRESS: STREET 1: 328 - 550 BURRARD STREET STREET 2: SUITE 800 CITY: VANCOUVER STATE: A1 ZIP: V6C 2B5 FORMER COMPANY: FORMER CONFORMED NAME: NEW MILLENNIUM METALS CORP DATE OF NAME CHANGE: 19990915 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Geologic Resource Partners, LLC CENTRAL INDEX KEY: 0001352117 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 535 BOYLSTON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617-424-9900 MAIL ADDRESS: STREET 1: 535 BOYLSTON STREET CITY: BOSTON STATE: MA ZIP: 02116 SC 13G 1 d644635_13g.txt -------------------------- OMB APPROVAL OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response...11 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.____________) Platinum Group Metals Ltd. - -------------------------------------------------------------------------------- (Name of Issuer) Common Shares, no par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 72765Q205 - -------------------------------------------------------------------------------- (CUSIP Number) December 15, 2005 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [X] Rule 13d-1(c) [_] Rule 13d-1(d) CUSIP No. 72765Q205 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Geologic Resource Partners LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 5,017,100* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,017,100* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,017,100* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.2% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA - -------------- *The Reporting Persons share investment discretion over the shares with Sun Valley Gold LLC and Peter Palmedo, pursuant to an agreement between Geologic Resource Partners LLC and Sun Valley Gold LLC. Sun Valley Gold LLC and Peter Palmedo filed a separate Schedule 13G with respect to the shares. CUSIP No. 72765Q205 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) George R. Ireland 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 5,017,100* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,017,100* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,017,100* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.2% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - ------------------ *The Reporting Persons share investment discretion over the shares with Sun Valley Gold LLC and Peter Palmedo, pursuant to an agreement between Geologic Resource Partners LLC and Sun Valley Gold LLC. Sun Valley Gold LLC and Peter Palmedo filed a separate Schedule 13G with respect to the shares. CUSIP No. 72765Q205 --------------------- Item 1(a). Name of Issuer: Platinum Group Metals Ltd. ____________________________________________________________________ (b). Address of Issuer's Principal Executive Offices: Suite 328, 550 Burrard Street, Vancouver, British Columbia, Canada, V6C 2B5 ____________________________________________________________________ Item 2(a). Name of Person Filing: Geologic Resource Partners LLC George R. Ireland ____________________________________________________________________ (b). Address of Principal Business Office, or if None, Residence: 535 Boylston Street, Boston, MA 02116 ____________________________________________________________________ (c). Citizenship: Geologic Resource Partners LLC - Delaware George R. Ireland - United States of America ____________________________________________________________________ (d). Title of Class of Securities: Common shares, no par value ____________________________________________________________________ (e). CUSIP Number: 72765Q205 ____________________________________________________________________ Item 3. If This Statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c). (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c). (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c). (d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [_] An investment adviser in accordance with s.240.13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with s.240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813); (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [_] Group, in accordance with s.240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Geologic Resource Partners LLC - 5,017,100 George R. Ireland - 5,017,100 ______________________________________________________________________ (b) Percent of class: Geologic Resource Partners LLC - 10.2% George R. Ireland - 10.2% ______________________________________________________________________ (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0 _______________________, (ii) Shared power to vote or to direct the vote 5,017,100* _____________________, (iii) Sole power to dispose or to direct the 0 disposition of _____________________, (iv) Shared power to dispose or to direct the 5,017,100* disposition of _____________________. - ---------------- *The Reporting Persons share investment discretion over the shares with Sun Valley Gold LLC and Peter Palmedo, pursuant to an agreement between Geologic Resource Partners LLC and Sun Valley Gold LLC. Sun Valley Gold LLC and Peter Palmedo filed a separate Schedule 13G with respect to the shares. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [_]. N/A _______________________________________________________________________ Item 6. Ownership of More Than Five Percent on Behalf of Another Person. N/A _______________________________________________________________________ Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. N/A _______________________________________________________________________ Item 8. Identification and Classification of Members of the Group. N/A _______________________________________________________________________ Item 9. Notice of Dissolution of Group. N/A ______________________________________________________________________ Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. March 17, 2006 ---------------------------------------- (Date) Geologic Resource Partners LLC** By: /s/ George R. Ireland --------------------------- George R. Ireland Managing Member /s/ George R. Ireland** -------------------------- George R. Ireland **The reporting persons hereby disclaim beneficial ownership over the shares reported on this 13G, except to the extent of their pecuniary interest therein. Exhibit A AGREEMENT --------- The undersigned agree that this Schedule 13G dated March 17, 2006 relating to the Common Shares, no par value of Platinum Group Metals Ltd. shall be filed on behalf of the undersigned. Geologic Resource Partners LLC By: /s/ George R. Ireland --------------------------- George R. Ireland Managing Member /s/ George R. Ireland --------------------------- George R. Ireland SK 00964 0007 644635 -----END PRIVACY-ENHANCED MESSAGE-----