Platinum Group Metals Ltd. Announces the Appointment of Frank Hallam as President and CEO
838 – 1100 Melville Street
Vancouver, BC V6E 4A6
P: 604-899-5450
F: 604-484-4710
News Release No. 21-444
December 8, 2021
Platinum Group Metals Ltd. Announces the Appointment of Frank
Hallam as President and CEO
(Vancouver/Johannesburg) Platinum Group Metals Ltd. (PTM:TSX; PLG:NYSE American)
(“Platinum Group ” “PTM” or the “ Company”) announces that Frank Hallam has been
appointed to the position of President and Chief Executive Officer (“ CEO”) effective
immediately, following his serving as Interim President and CEO since July 2021.
Mr. Hallam’s appointment was unanimously approved by the Board of Platinum Group. Diana
Walters, Chair of the Board commented, “Frank has led the Company well over a four-month
transitionary period and the Board is confident that he will continue to provide the leadership
and expertise required to guide the Company through the challenges and opportunities ahead
as we advance development of the Company’s world class Waterberg Project.”
Frank Hallam, a director and former CFO of the Company, has been with the Company since
its inception in 2002 and co -founded one of the Company’s two predecessor corporations in
1983. Mr. Hallam was also a co-founder of MAG Silver Corp. and West Timmins Mining Inc.
Mr. Hallam previously served as an auditor in the mining practice of Coopers and Lybrand
(now PricewaterhouseCoopers) and is a qualified CPA, CA, and holds a degree in Business
Administration.
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 Impala Platinum Holdings Ltd., Mnombo
Wethu Consultants (Pty) Ltd., Japan Oil, Gas and Metals National Corporation and Hanwa Co.
Ltd.
On behalf of the Board of
Platinum Group Metals Ltd.
Diana Walters
Chair of the Board
For further information contact:
Kris Begic, VP, Corporate Development
Platinum Group Metals Ltd., Vancouver
Tel: (604) 899-5450 / Toll Free: (866) 899-5450
www.platinumgroupmetals.net
PLATINUM GROUP METALS LTD. …2
Disclosure
The Toronto Sto ck 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 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, esti mate, 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. Forward-looking statements in
this press release include, but are not limited to the Waterberg Project being a world class project
or becoming one of the largest and potentially lowest cash cost underground platinum group
metals mines globally, financing and mine development of the Waterberg Project, the market for
platinum group metals, the potential of platinum group metals in batteries, and Lion Battery
Technologies’ development of next generation battery technology. 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 fi lings
with the Securities and Exchange Commission and Canadian securities regulators, which may be
viewed at www.sec.gov and www.sedar.com, respectively.