Platinum Group Metals (PTM)has notable insider net $ selling

Platinum Group Metals (T:PTM)

Kris Begic, a Senior Officer, acquired 8,333 Common Shares on a direct ownership basis at a price of $0.000 through an exercise of rights on December 9th, 2020. The insider also disposed 5,000 Common Shares on a direct ownership basis at a price of US$3.500 through the public market on December 7th, 2020. The insider also disposed 3,806 Common Shares on a direct ownership basis at a price of $4.500 through the public market on December 7th, 2020. The insider also disposed 434 Common Shares on an indirect ownership basis for registered holder RESP at a price of $4.500 through the public market on December 7th, 2020. The insider also disposed 760 Common Shares on an indirect ownership basis for registered holder RRSP at a price of $4.500 through the public market on December 7th, 2020. This represents a $44,902 net divestment of the company's shares and an account share holdings change of -16.7%.

Frank Hallam, CFO and Director, disposed 120,002 Common Shares on a direct ownership basis at prices ranging from $6.050 and $6.310 through the public market between December 8th, 2020 and December 11th, 2020. The insider also acquired 100,000 Common Shares on a direct ownership basis at a price of $1.810 through an exercise of options on December 11th, 2020. The insider also acquired 18,000 Common Shares on a direct ownership basis at a price of $0.000 through an exercise of rights on December 9th, 2020. This represents a $571,012 net divestment of the company's shares and an account share holdings change of -7.9%.

R. Michael Jones, CEO and Director, disposed 5,000 Common Shares on a direct ownership basis at a price of $6.151 through the public market on December 11th, 2020. This represents a $30,755 divestment of the company's shares and an account share holdings change of -21.6%.

Platinum Group Metals Ltd. is an exploration- and development-stage Company. The Company is focused on exploration and development of platinum. The Company conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada. Its business is focused on production ramp up at the Maseve Mine, and the exploration and initial engineering on the Waterberg platinum deposit, which includes the Waterberg Joint Venture Project (the Waterberg JV Project) and the adjoining Waterberg Extension Project. The Company has operations in South Africa and Canada. The Maseve platinum mine site is located on the Western Limb of the Bushveld Complex approximately 35 kilometers north west of the town of Rustenburg. The Waterberg JV Project consists of a contiguous granted prospecting right area of approximately 255 square kilometers located on the Northern Limb of the Bushveld Complex, over 70 kilometers north of the town of Mokopane.