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. 20-409
February 21, 2020
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 positive results from its Annual
General Meeting held on February 20, 2020 in Vancouver, BC.
The meeting had a turnout of shareholders representing 65.4% 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 36,042,502 99.53% 0.47%
Frank Hallam 35,949,535 99.28% 0.72%
John Copelyn 35,165,974 97.11% 2.89%
Timothy Marlow 36,036,100 99.52% 0.48%
Diana Walters 36,081,007 99.64% 0.36%
Stuart Harshaw 36,038,668 99.52% 0.48%
The re -appointment of PricewaterhouseCoopers LLP as auditors of the Company for the
ensuing year at a remuneration to be fixed by the directors was voted in favour by 98.88%
of the Shareholders.
Shareholders also voted 96.61% in favour of an ordinary resolution to approve the Share
Compensation Plan, as amended, until February 20, 2023.
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. and Waterberg Project
Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground
palladium and platinum deposit located in South Africa. The Waterberg Project was
discovered by Platinum Group and is being jointly developed with Implats, JOGMEC, Mnombo
Wethu Consultants (Pty) Ltd. and Hanwa Co. Ltd.
PLATINUM GROUP METALS LTD. …2
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 release, which has been prepared by
management.
This press release may contain forward -looking inform ation 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, expe ct, anticipate, intend, estimate, plans, postulate and similar
expressions, or are those, which, by their nature, refer to future events. All statements that 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 will 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.