Jogmec finalises 9.75% Waterberg project stake sale to Hanwa

TSX- and NYSE-listed Platinum Group Metals (PTM) on Thursday reported that Japan Oil, Gas and Metals National Corporation (Jogmec) has completed the transfer of a 9.75% interest in the Waterberg palladium project, in South Africa, to Hanwa.

Jogmec previously held a 21.95% interest in the Waterberg project. Jogmec and Hanwa in October last year agreed to the transaction.