SC 13G: PLATINUM GROUP METALS LTD
Ticker: PLG · Form: SC 13G · Filed: Nov 4, 2024 · CIK: 1095052
| Field | Detail |
|---|---|
| Company | Platinum Group Metals Ltd (PLG) |
| Form Type | SC 13G |
| Filed Date | Nov 4, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by PLATINUM GROUP METALS LTD.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G filing submitted by Platinum Group Metals Ltd (ticker: PLG) to the SEC on Nov 4, 2024.
What is the risk level of this SC 13G filing?
This filing has been assessed as low risk.
How long is this filing?
Platinum Group Metals Ltd's SC 13G filing is 5 pages with approximately 1,498 words. Estimated reading time is 6 minutes.
Where can I view the full SC 13G filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,498 words · 6 min read · ~5 pages · Grade level 8.3 · Accepted 2024-11-04 12:27:00
Filing Documents
- c110426_sc13g.htm (SC 13G) — 46KB
- c110426_ex99-1.htm (EX-99.1) — 4KB
- c110426_ex99-2.htm (EX-99.2) — 8KB
- 0000930413-24-003093.txt ( ) — 61KB
If this Statement is Filed Pursuant
Item 3. If this Statement is Filed Pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a: (a) o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) o Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) x An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o Group, in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: _____
Ownership
Item 4. Ownership. (a) Amount beneficially owned: The Reporting Persons beneficially own, in the aggregate, 7,073,746 Common Shares. None of the securities are held by the Reporting Persons. The filing of this statement shall not be construed as an admission that either of the Reporting Persons is the beneficial owner of any of the securities covered by this Schedule 13G for any other purpose. (b) Percent of class: (2) The number of Common Shares beneficially owned by the Reporting Persons represents 6.9% of the Issuer’s outstanding Common Shares based on 102,480,148 Common Shares outstanding as of May 31, 2024 as set forth in the Issuer’s Interim Condensed Consolidated Financial Statements for the nine month period ended May 31, 2024 filed by the Issuer on Form 6-K with the Securities and Exchange Commission on August 11, 2024. (c) As of September 30, 2024, the number of Common Shares as to which each Reporting Person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 7,073,746 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 7,073,746 As of December 31, 2023, the number of Common Shares as to which each Reporting Person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 7,073,746 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 7,073,746 As of December 31, 2022, the number of Common Shares as to which each Reporting Person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 7,073,746 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 7,073,746
Ownership of Five Percent or
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o .
Ownership of More Than Five
Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Securities reported on this Schedule 13G are beneficially owned by Kopernik Global Long-Term Opportunities, LP, a Guernsey limited partnership, and it is the direct holder of 7,073,746 Common Shares or more than five percent of the Common Shares.
Identification and Classification
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable.
Identification and Classification
Item 8. Identification and Classification of Members of the Group. Not applicable.
Notice of dissolution of group
Item 9. Notice of dissolution of group. Not applicable.
Certifications
Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. Exhibits 99.1 Joint Filing Agreement, dated November 4, 2024, by and between Kopernik Global Investors, LLC and David B. Iben. 99.2 Power of Attorney appointing Sarah L. Bertrand, dated October 25, 2024, signed by David B. Iben. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: November 4, 2024 KOPERNIK GLOBAL INVESTORS, LLC By: /s/Sarah L. Bertrand Name: Sarah L. Bertrand Title: General Counsel and Chief Compliance Officer /s/ David B. Iben by Sarah L. Bertrand, power of attorney David B. Iben by Sarah L. Bertrand, power of attorney