11:54 AM EST - Platinum Group Metals Ltd. : announced that at a meeting of the shareholders of Maseve Investments 11 Pty Ltd., the operating company of the WBJV Project 1 Platinum Mine, Platinum Group representatives were informed by a representative of Africa Wide Mineral Prospecting and Exploration (Pty) Ltd. that Africa Wide, a subsidiary of Wesizwe Platinum Ltd., would not be funding a 213-million-Rand (approximately $ 21.8 million U.S.) cash call for their 26% share of a six-month forward budget for the Project. Platinum Group Metals Ltd.
shares T.PTM are trading up $0.11 at $1.16.