June 28, 2017 / 4:09 AM / 24 days ago

BRIEF-Platinum Group Metals announces private placement of $20 mln convertible senior notes

1 Min Read

June 27 (Reuters) - Platinum Group Metals Ltd :

* Platinum Group Metals announces private placement of US$20 million 6 7/8% convertible senior subordinated notes due 2022

* Notes will bear interest at a rate of 6 7/8% per annum, payable semi-annually on January 1 and July 1 of each year

* To use proceeds from sale of notes for working capital at Maseve Mine, for work on study on Waterberg Project Source text for Eikon: Further company coverage:

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