Platinum Group Metals Announces Positive Results of Annual General Meeting of Shareholders
838 – 1100 Melville Street
Vancouver, BC V6E 4A6
P: 604-899-5450
F: 604-484-4710
News Release No. 19-390
February 25, 2019
Platinum Group Metals Announces Positive Results of
Annual General Meeting of Shareholders
(Vancouver/Johannesburg) Platinum Group Metals Ltd. (PTM-TSX; PLG-NYSE American)
(“Platinum Group” or the “Company”) is pleased to announce the positive results from its
Annual General Meeting held on February 22, 2019 in Vancouver, BC.
The meeting had a turnout of shareholders representing over 73% of its issued shares eligible
to vote at the meeting. Shareholders strongly supported the appointment of the Board and
the resolutions proposed.
The number of directors is fixed at six and on a show of hands the Shareholders elected
management’s six nominees for directors. Details of the proxy voting are as follows:
DIRECTOR
NUMBER OF
SHARES
PERCENTAGE
OF VOTES CAST
FOR FOR WITHHELD
R Michael Jones 16,777,624 99.52% 0.48%
Frank R Hallam 16,722,176 99.19% 0.81%
Iain D C Mclean 16,813,655 99.73% 0.27%
Timothy D Marlow 16,813,081 99.73% 0.27%
Diana J Walters 16,818,536 99.76% 0.24%
John A Copelyn 16,420,584 97.40% 2.60%
The re -appointment of P ricewaterhouseCoopers LLP as auditors of the Company for the
ensuing year at a remuneration to be fixed by the directors was voted in favour by 99.25%
of the Shareholders.
A poll was also conducted with respect to the ordinary resolution to approve ownership of
more than 19.9% of the issued and outstanding common shares of the Company upon the
exercise of up to 15,090,999 common share purchase warrants (exercisable into up to
1,509,999 common shares of the Company) by HCI Consolidated Investments Inc. or its
associated or affiliates (collectively, “HCI”). According to the ballots cast, the ordinary
resolution was approved by the Shareholders, other than HCI, with the following results:
DISINTERESTED SHAREHOLDER VOTE SUMMARY
NUMBER OF
SHARES
PERCENTAGE
OF VOTES CAST
FOR FOR AGAINST
12,677,591 98.59% 1.41%
PLATINUM GROUP METALS LTD. …2
Following the shareholders meeting, the directors ratified the current officers of the Company
for the ensuing year.
For more information on these matters, please refer to Platinum Group’s information circular,
available on SEDAR (www.sedar.com) or visit our website at www.platinumgroupmetals.net.
About Platinum Group Metals Ltd.
Platinum Group is focused on, and is the operator of, the Waterberg Project, a bulk mineable
underground palladium deposit in northern South Africa. Waterberg was discovered by the
Company. Waterberg has potential to be a low cost dominantly palladium mine and Implats,
a smelter and refiner of platinum group metals, recently made a strategic investment in the
Waterberg Project.
On behalf of the Board of
Platinum Group Metals Ltd.
R. Michael Jones
President and CEO
For further information contact:
R. Michael Jones, President
or Kris Begic, VP, Corporate Development
Platinum Group Metals Ltd., Vancouver
Tel: (604) 899-5450 / Toll Free: (866) 899-5450
www.platinumgroupmetals.net
Disclosure
The Toronto Stock Exchange and the NYSE American have not reviewed and do not accept
responsibility for the accuracy or adequacy of this news re lease, which has been prepared by
management.
This press release may contain forward -looking information within the meaning of Canadian
securities laws and forward -looking statements within the meaning of U.S. securities laws
(collectively “forward-looking statements”). Forward-looking statements are typically identified by
words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar
expressions, or are those, which, by their nature, refer to future events. All statements tha t are
not statements of historical fact are forward-looking statements. Although the Company believes
any forward-looking statements in this press release are reasonable, it can give no assurance that
the expectations and assumptions in such statements wil l prove to be correct. The Company
cautions investors that any forward -looking statements by the Company are not guarantees of
future results or performance, and that actual results may differ materially from those in forward-
looking statements as a result of various factors. The Company directs readers to the risk factors
described in the Company’s Form 20 -F annual report, annual information form and other filings
with the Securities and Exchange Commission and Canadian securities regulators, which may be
viewed at www.sec.gov and www.sedar.com, respectively.