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Stage one of PTM's Maseve sale to RBPlat nearing conclusion

By:  
Writer
 
PLATINUM-GROUP METALS
All remaining conditions precedent for Platinum Group Metals' (PTM's) sale of the Maseve concentrator plant and certain surface rights to Royal Bafokeng Platinum (RBPlat) have been fulfilled or waived. Stage one of the sale of Maseve Investments 11 to RBPlat will now proceed, with a $58-million cash payment to occur coincident with the registration of the applicable surface rights to a wholly owned subsidiary of RBPlat at the South African deeds office.
 
 
 
 
 

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