Brief: Platinum Group Metals Ltd. announces increase to Sprott Credit Facility

Platinum Metals

12/10/2016 13:51

Oct 12 (Reuters) - Platinum Group Metals Ltd  PTM.TO  
    * Platinum Group Metals Ltd. announces increase to Sprott 
Credit Facility 
    * Says Sprott Resource lending partnership lenders have 
provided a US $5.0 million second advance to company 
    * Platinum Group Metals Ltd - second advance may be repaid 
in six equal, monthly instalments commencing on July 31, 2017 
    * Platinum Group Metals - original $40.0 million credit 
agreement entered into by co and Sprott has been 
amended,restated to reflect increase to $45.0 million 
 
Source text for Eikon:  ID:nCCN7Vslym  
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