Dual-listed Platinum Group Metals (PTM) has closed a previously announced nonbrokered private placement of common shares at price of $1.40 each, with an aggregate of 1.22-million common shares subscribed for and issued, resulting in gross proceeds of $1.71-million. Hosken Consolidated Investments (HCI), an existing major shareholder of the company, subscribed for 500 000 common shares through its Deepkloof subsidiary.
