PLG - Platinum Group Metals Ltd.

Platinum Group Metals Ltd. (Platinum Group) is a platinum focused exploration and development company conducting work on mineral properties it has staked or acquired by way of option agreement in the Republic of South Africa and in Ontario, Canada. Its Project 1 is located in Western Bushveld Complex of South Africa. Projects outside of Projects 1 and 3 include War Springs and Waterberg Projects on the North Limb of the Bushveld Complex in South Africa and on its Lac des Iles properties near Thunder Bay, Ontario. Projects 1 and 3 consists a platinum exploration and development project on combined mineral rights covering approximately 53 square kilometers on the Western Bushveld Complex of South Africa. On April 22, 2010, the Company completed the agreements with Anglo Platinum Limited (Anglo Platinum) and Wesizwe Platinum (Pty) Ltd. (Wesizwe) to consolidate and rationalize the ownership of the Bushveld Joint Venture (WBJV).