May 5, 2016 / 10:17 PM / a year ago

BRIEF-Platinum Group Metals announces us$33 mln bought deal financing

May 5 (Reuters) - Platinum Group Metals Ltd

* Platinum Group Metals announces us$33 million bought deal financing

* Underwriters have agreed to buy on a bought deal basis 11 million common shares at a price of us$3.00 per common share

* Net proceeds of offering used towards underground development and ramp-up of production at project 1 “Maseve” platinum mine Source text for Eikon: Further company coverage:

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