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Way paved for PTM's disposal of platinum mine to Royal Bafokeng

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MERGERS & ACQUISITIONS
TSX-listed Platinum Group Metals (PTM) on Thursday announced that the due diligence and the execution of binding legal agreements to sell Maseve Investment to Royal Bafokeng Platinum (RBPlat) had been concluded. The $74-million deal will see RBPlat pay Maseve an initial $58-million in cash to acquire the concentrator plant and certain surface assets of the Maseve mine.
 
 
 
 
 

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