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NATURE OF OPERATIONS AND GOING CONCERN (Tables)
12 Months Ended
Aug. 31, 2020
Disclosure Of Nature Of Operations And Going Concern [Abstract]  
Disclosure of subsidiaries [Table Text Block]

 

 

Place of
incorporation
and
operation

Proportion of ownership
interest and voting power held

Name of subsidiary

Principal activity

August 31,
2020

August 31,
2019

 

 

 

 

 

Platinum Group Metals (RSA) (Pty) Ltd. 

Exploration

South Africa

100.0%

100.0%

Mnombo Wethu Consultants (Pty) Limited.1

Exploration

South Africa

49.9%

49.9%

Waterberg JV Resources (Pty) Ltd.1,2

Exploration

South Africa

37.05%

37.05%

Lion Battery Technologies Inc.3

Research

Canada

55.00%

57.69%

 

1 The Company controls and consolidates Mnombo Wethu Consultants (Pty) Limited ("Mnombo") and Waterberg JV Resources (Pty) Ltd. ("Waterberg JV Co.") for accounting purposes.

2Effective ownership of Waterberg JV Co. is 63.05% when Mnombo's ownership portion is combined with Platinum Group Metals (RSA) (Pty) Ltd. ("PTM RSA") ownership portion.

3Lion Battery Technologies is accounted for using the equity method as the Company jointly controls the investee despite having the majority of the shares.