-----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, O7nKxRAYFHZUVN0p4K47XwWFpPnKtPwTTpnbW+JbXxrw5rzNPedTko+oHz8eXGXu oLUl+v/CnuqNDD5WhP8bGg== 0001095052-08-000036.txt : 20081008 0001095052-08-000036.hdr.sgml : 20081008 20081008141314 ACCESSION NUMBER: 0001095052-08-000036 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20081008 FILED AS OF DATE: 20081008 DATE AS OF CHANGE: 20081008 FILER: 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: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33562 FILM NUMBER: 081114004 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 6-K 1 form6k_081008.htm FORM 6K FOR OCT 8 2008 form6k_081008.htm

FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934



For the period of: September 22 to October 7, 2008


Platinum Group Metals Ltd.
(SEC File No. 0-30306)

Suite 328 – 550 Burrard Street, Vancouver BC, V6C 2B5, CANADA
Address of Principal Executive Office
 
Indicate by check mark whether the registrant files or will file annual reports under cover:  Form 20-F [  ] Form 40-F  [X]
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [   ]
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [   ]
 
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  Yes  [   ]  No  [X]

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-___________

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 

Date: October 8, 2008
“R. Michael Jones”
 
R. MICHAEL JONES
PRESIDENT & CEO

 
Included:
 
 
 
 
EX-99.01 2 mcr_081007.htm MATERIAL CHANGE REPORT OF OCT 7 2008 mcr_081007.htm
FORM 51-102F3
MATERIAL CHANGE REPORT
 

 
Item 1.                   Name and Address of Company
 
PLATINUM GROUP METALS LTD. (“Platinum Group”)
328 – 550 Burrard Street Vancouver BC, V6C 2B5
Telephone:  (604) 899-5450     Facsimile:   (604) 484-4710
 
Item 2.                   Date of Material Change  October 6, 2008
 
 
Item 3.                    News Release: A news release was disseminated on October 6, 2008 to the TSX as well as through various other approved public media and was SEDAR filed with the British Columbia, Alberta, Ontario and Quebec Securities Commissions.
 
Item 4.                    Summary of Material Change: Platinum Group announced that 4,781,370 common shares have been issued, while a further 129,100 are allotted for issue, pursuant to the private placement which was completed at a price of $1.55 per share.

Item 5.
Full Description of Material Change: Platinum Group announced that $7,411,124 of a $7,611,229 non-brokered private placement announced September 26, 2008 was closed on October 3, 2008.  The balance of $200,105 is in process of closing at the time of writing.  A total of 4,781,370 common shares have been issued, while a further 129,100 are allotted for issue, pursuant to the private placement which was completed at a price of $1.55 per share.  The securities issued by way of this placement will be subject to a four-month hold period in compliance with NI 45-102. A finders fee comprised of $186,000 in cash and 60,000 shares at the offering price was paid in respect of certain of the subscriptions. The net proceeds of the placement will fund items included in the feasibility study on the Western Bushveld Joint Venture and general working capital.

As a result of the portion of the placement closed on October 3, 2008 the Company now has 67,495,617 common shares issued and outstanding and 71,348,492 on a fully diluted basis.
 
 
Item 6.
Reliance on subsection 7.1 of national Instrument 51-102
N/A
 
 
Item 7.                      Omitted Information:  N/A
 
 
Item 8.                      Executive Officer:  The following senior officer of the Issuer is knowledgeable about the material change and may be contacted by the Commission at the following telephone number:
 
 
Item 9.
Date of Report: October 7, 2008
 
 

EX-99.02 3 nr_081006.htm NEWS RELEASE OF OCT 6 2008 nr_081006.htm
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> 
 
News Release
 
No. 08-166
 
October 6, 2008
 
 
 
Platinum Group Metals Ltd. Closes Non-Brokered Private Placement
 
 
 
(Vancouver/Johannesburg) Platinum Group Metals Ltd. (“Platinum Group”) (PTM-TSX; PLG-NYSE-A) reports that $7,411,124 of a $7,611,229 non-brokered private placement announced September 26, 2008 was closed on October 3, 2008.  The balance of $200,105 is in process of closing at the time of writing.  A total of 4,781,370 common shares have been issued, while a further 129,100 are allotted for issue, pursuant to the private placement which was completed at a price of $1.55 per share.  The securities issued by way of this placement will be subject to a four-month hold period in compliance with NI 45-102. A finders fee comprised of $186,000 in cash and 60,000 shares at the offering price was paid in respect of certain of the subscriptions.
 
 
The net proceeds of the placement will fund items included in the feasibility study on the Western Bushveld Joint Venture (published on SEDAR (www.sedar.com) August 21, 2008) and general working capital.  Items included in the use of proceeds are exercise of certain surface rights agreements and the deposit for detailed engineering on the water pipeline for the mine development in co-operation with the region’s water authority. The water effort is in concert with the other platinum projects in the area (Barrick, Anglo Platinum, Wesizwe and Platmin.).
 
 
As a result of the portion of the placement closed on October 3, 2008 the Company now has 67,495,617 common shares issued and outstanding and 71,348,492 on a fully diluted basis.
 
 
 
About Platinum Group Metals
 
Platinum Group Metals Ltd is focused on near surface, competitive platinum projects.
 
 
 
Platinum Group Metals Ltd was formed in 2000 focused on platinum and palladium. In 2002 the company expanded from its holdings in Canada to South Africa. Holdings include two large scale joint ventures in the Western Limb of the Bushveld Complex of South Africa, host of the majority of the world’s platinum production. On July 7, 2008 the company published the results of an independent definitive feasibility study for a 250,000 ounce per year mine plan with a mine life of 22 years. On September 2, 2008 the company announced a term sheet to increase its interest in the mine plan to 74%.
 
 
 
The company is the operator of its projects and has its senior management team in Canada and South Africa. Members of this team each have over 20 years of experience in the areas of mine development, finance, construction and mine operations. The Company is listed on the NYSE-A under the symbol PLG and on the TSX under the symbol PTM.
 
 
 
On behalf of the Board of
 
Platinum Group Metals Ltd.
 
“R. Michael Jones”
 
President and Director
 
- 30 -
 
 
 
For further information contact:
 
            R. Michael Jones, President
 
            John Foulkes, Manager Corporate Development
 
            or Michael Pound, Investor Relations
 
            Platinum Group Metals Ltd., Vancouver
 
            Tel: (604) 899-5450 / Toll Free: (866) 899-5450
 
 
 
 
 
The TSX Exchange and the New York Stock Exchange - Alternext 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 contains forward-looking statements within the meaning of Canadian and U.S. securities laws. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, 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, without limitation, statements regarding the timing, size and use of proceeds of the proposed private placement and the potential to increase the Company’s interest in certain of its projects.  In addition, the results of the feasibility study may constitute forward-looking statements to the extent that they reflect estimates of mineralization, capital and operating expenses, metal prices and other factors.  Although the Company believes the 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, including, but not limited to, variations in market conditions, the nature, quality and quantity of any mineral deposits that may be located, the Company’s ability to obtain any necessary permits, consents or authorizations required for its activities, the Company’s ability to produce minerals from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in he Company’s Form 40-F annual report, annual information form and other filings with the SEC and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.
 
 
 
 
 
 
 
EX-99.03 4 mcr_081003.htm MATERIAL CHANGE REPORT OF OCT 3 2008 mcr_081003.htm
FORM 51-102F3
MATERIAL CHANGE REPORT
 

 
Item 1.                    Name and Address of Company
 
PLATINUM GROUP METALS LTD. (“Platinum Group”)
328 – 550 Burrard Street Vancouver BC, V6C 2B5
Telephone:  (604) 899-5450     Facsimile:  (604) 484-4710
 
Item 2.                   Date of Material Change: September 26, 2008
 
 
Item 3.                    News Release: A news release was disseminated on September 26, 2008 to the TSX as well as through various other approved public media and was SEDAR filed with the British Columbia, Alberta, Ontario and Quebec Securities Commissions.
 
Item 4.                    Summary of Material Change: Platinum Group announced a non-brokered private placement of 4,910,470 common shares at a price of C$1.55 per share for gross proceeds of C$7,611,229.

Item 5.
Full Description of Material Change:  Platinum Group announced a non-brokered private placement of 4,910,470 common shares at a price of C$1.55 per share for gross proceeds of C$7,611,229. A 6% finders fee comprised of $180,000 in cash and 60,000 shares at the offering price will be payable in respect of certain of the subscriptions. The net proceeds of the placement will fund items included in the feasibility study on the Western Bushveld Joint Venture and general working capital.

The securities issued in this placement will be subject to a four-month hold period. Closing of this placement is subject to customary closing conditions, including the approval of the TSX and AMEX. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to U.S. persons absent an exemption from the registration requirements of such Act.
 
Item 6.
Reliance on subsection 7.1 of national Instrument 51-102
N/A
 
 
Item 7.                   Omitted Information    N/A
 
 
Item 8.                   Executive Officer: The following senior officer of the Issuer is knowledgeable about the material change and may be contacted by the Commission at the following telephone number:
 
 
Item 9.
Date of Report: October 3, 2008
EX-99.04 5 nr_080926.htm NEWS RELEASE OF SEPT 26 2008 nr_080926.htm
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> 
 
 
 
News Release
 
No. 08-165
 
September 26, 2008
 
 
 
Platinum Group Metals Ltd. Announces Non-Brokered Private Placement
 
 
 
(Vancouver/Johannesburg) Platinum Group Metals Ltd. (“Platinum Group”) (PTM-TSX; PLG-AMEX) announced today a non-brokered private placement of 4,910,470 common shares at a price of C$1.55 per share for gross proceeds of C$7,611,229. A 6% finders fee comprised of $180,000 in cash and 60,000 shares at the offering price will be payable in respect of certain of the subscriptions. The net proceeds of the placement will fund items included in the feasibility study on the Western Bushveld Joint Venture (published on SEDAR (www.sedar.com) August 21, 2008) and general working capital.  
 
 
 
The securities issued in this placement will be subject to a four-month hold period. Closing of this placement is subject to customary closing conditions, including the approval of the TSX and AMEX. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to U.S. persons absent an exemption from the registration requirements of such Act.
 
 
 
About Platinum Group Metals
 
Platinum Group Metals Ltd was formed in 2000 focused on platinum and palladium. In 2002 the company expanded from its holdings in Canada to South Africa. Holdings include two large scale joint ventures in the Western Limb of the Bushveld Complex of South Africa, host of the majority of the world’s platinum production. On July 7, 2008 the company published the results of an independent definitive feasibility study for a 250,000 ounce per year mine plan with a mine life of 22 years. On September 2, 2008 the company announced a term sheet to increase its interest in the mine plan to 74%.
 
 
 
The company is the operator of its projects and has its senior management team in Canada and South Africa. Members of this team each have over 20 years of experience in the areas of mine development, finance, construction and mine operations. The Company is listed on the AMEX under the symbol PLG and on the TSX under the symbol PTM.
 
 
 
On behalf of the Board of
 
Platinum Group Metals Ltd.
 
“R. Michael Jones”
 
President and Director
 
- 30 -
 
 
 
For further information contact:
 
            R. Michael Jones, President
 
            John Foulkes, Manager Corporate Development
 
            or Michael Pound, Investor Relations
 
            Platinum Group Metals Ltd., Vancouver
 
            Tel: (604) 899-5450 / Toll Free: (866) 899-5450
 
 
 
 
 
The TSX Exchange and the American Stock Exchange 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 contains forward-looking statements within the meaning of Canadian and U.S. securities laws. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, 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, without limitation, statements regarding the timing, size and use of proceeds of the proposed private placement and the potential to increase the Company’s interest in certain of its projects.  In addition, the results of the feasibility study may constitute forward-looking statements to the extent that they reflect estimates of mineralization, capital and operating expenses, metal prices and other factors.   Although the Company believes the 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, including, but not limited to, variations in market conditions, the nature, quality and quantity of any mineral deposits that may be located, the Company’s ability to obtain any necessary permits, consents or authorizations required for its activities, the Company’s ability to produce minerals from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in he Company’s Form 40-F annual report, annual information form and other filings with the SEC and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.
 
 
 
 
 
 
 
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