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Platinum Group Metals Ltd. Announces Appointment of Former Vale Executive Stuart Harshaw to Company’s Board of Directors

Management Changes

838 – 1100 Melville Street

Vancouver, BC V6E 4A6

P: 604-899-5450

F: 604-484-4710

News Release No. 19-393

April 15, 2019

Platinum Group Metals Ltd. Announces Appointment of Former

Vale Executive Stuart Harshaw to Company’s Board of Directors

(Vancouver/Johannesburg) Platinum Group Metals Ltd. (PTM:TSX; PLG:NYSE American)

(“Platinum Group ” “PTM” or the “ Company”) announced today that Mr. Stuart Harshaw ,

P.Eng., MBA, has been appointed to the Company’s board of directors, bring ing the number

of directors to seven. Mr. Harshaw was the Vice President, Ontario Operations , for Vale

Canada Limited (“Vale”) until 2017 where he was an i nnovative leader with international

experience creating value within mining and natural resource operations around the globe.

Mr. Harshaw established a record of success at Vale in operations, marketing and strategic

planning. Mr. Harshaw was responsible to implement strategic initiatives by attracting and

developing highly engaged teams who could deliver results. He held mining board positions

for Vale in Indonesia, Korea and Barbados. Mr. Harshaw was responsible for creating and

managing annual budgets of approximately $1.5 billion as well as m anaging relations with

external stakeholders including provincial and municipal government officials, First Nations

and media outlets. Mr. Harshaw recently l ed the Sudbury operations of Vale through the

largest transformation of surface facilities in their history. In 2017 Mr. Harshaw retired after

a highly successful career with Vale and predecessor firm Inco, where he worked his way up

through the organization beginning in 1990.

Platinum Group CEO R. Michael Jones commented “We are very pleased to welcome Stuart

Harshaw to the Board of the Company . Mr. Harshaw’s extensive experience will be a

tremendous asset to the Company as we work through the completion of a definitive feasibility

study for the world class Waterberg Project. He will be able to make valuable contributions in

all aspects of the study including safety, mine design, metallurgical recoveries and metal

refining and marketing terms”.

About Platinum Group Metals Ltd.

Platinum Group is the operator of the Waterberg Project, a bulk underground deposit in

northern South Africa. Waterberg was discovered by the Company and has the potential to

be a low-cost producer of palladium, platinum, rhodium and gold.

On behalf of the Board of

Platinum Group Metals Ltd.

R. Michael Jones

CEO and Director

For further information contact:

R. Michael Jones, President

or Kris Begic, VP, Corporate Development

Platinum Group Metals Ltd., Vancouver

PLATINUM GROUP METALS LTD. …2

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 c ontain 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 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.