11:31 AM EST - Platinum Group Metals Ltd. : announced that it intends to offer 150,000 units consisting of $150,000,000 aggregate principal amount of Senior Unsecured Notes due 2021 and the right for Note holders to receive an aggregate of 55,200,000 common share purchase warrants. Each warrant will entitle the holder thereof to acquire one common share of the Company, have a strike price that will represent a 30% premium to the 15-day volume weighted average price calculated at the time of pricing the offering. Platinum Group Metals Ltd.
shares T.PTM are trading unchanged at $0.91.
