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Platinum Group Metals Ltd.

12:08 PM EST - Platinum Group Metals Ltd. : announced the receipt of consent to commence underground development for the Project 1 Platinum Mine. A positive record of decision for the Company's detailed underground development plans and environmental management program, including the mining of a bulk sample, has been issued by the South African Department of Mineral Resources. Platinum Group Metals Ltd. shares T.PTM are trading up $0.09 at $2.07.