qualcuno sa perche LMM ha venduto la sua posizione in PLG?
Liberty Metals & Mining Holdings, LLC ("
LMM") announces that LMM sold through the facilities of the New York Stock Exchange 3,328,544 common shares (each, a "
Common Share") of Platinum Group Metals Ltd. ("
Platinum") at a price of US$4.00 per Common Share (or C$5.08 per Common Share) for aggregate gross proceeds of US$13,314,176 (or C$16,932,969.03) (the "
Sale").
Immediately prior to the Sale, LMM held 11,061,819 Common Shares, representing 15.32% of the then issued and outstanding Common Shares.
Following the Sale, LMM held 7,733,275 Common Shares, representing 10.71% of the 72,209,776 of the issued and outstanding Common Shares.
LMM acquired the Common Shares for investment purposes. LMM is evaluating additional dispositions of securities of Platinum, the timing of which (if any) would depend on market conditions, its continuing evaluation of the business and prospects of Platinum and other factors. LMM intends to monitor and evaluate its investment in Platinum in light of pertinent factors, market conditions, Platinum's performance and prospects, the trading prices of the Common Shares, conditions in the industry and general economic conditions. LMM may maintain its current investment or dispose of some or all of its Common Shares.