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Platinum Group Metals Ltd.

11:52 AM EST - Platinum Group Metals Ltd. : has closed its previously announced public offering of common shares. Pursuant to the Offering, the Company issued 225,000,000 common shares at a price of $0.80 per common share, for aggregate gross proceeds of $180,000,000. Platinum Group Metals Ltd. shares T.PTM are trading down $0.02 at $0.81.