Platinum Group Metals Reports 13% Increase in F Zone Grade and 89% Increase in Indicated Resources to 24 Million Ounces with a Further 12 Million Ounces Inferred

VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA -- 04/19/16

Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG) ("Platinum Group" or the "Company") reports increased grade and a significant increase in indicated ounces in an updated independent resource estimate for platinum, palladium, rhodium and gold ("4E") on the 58.65% owned Waterberg Joint Venture, located on the North Limb of the Bushveld Complex.

Mineral resources in the "T" and "F" zones at Waterberg (100% project basis) have increased to an estimated 23.894 million ounces 4E in the indicated category plus 11.710 million ounces 4E in the inferred category:

--  Indicated 209.559 million tonnes grading 3.55 g/t 4E (1.07 g/t Pt, 2.19
    g/t Pd, 0.26 g/t Au, 0.03 g/t Rh, 2.5 g/t cut-off) 
    
--  Inferred 105.918 million tonnes grading 3.44 g/t 4E (1.04 g/t Pt, 2.09
    g/t Pd, 0.28 g/t Au, 0.03 g/t Rh, 2.5 g/t cut-off) 
Read more: Platinum Group Metals Ltd ( PTM / PLG )

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 16, 2014) - Skyharbour Resources Ltd. (TSX VENTURE: SYH) (PINKSHEETS: SYHBF) (the "Company") is pleased to announce it has entered into an Assignment and Novation Agreement (the "Agreement") with Triex Minerals Corp. ("Triex"), a wholly owned subsidiary of Canterra Minerals Corp. ("Canterra"), whereby Skyharbour will acquire Triex/Canterra's 60% interest in the Mann Lake Uranium Project (the "Property"). The property is strategically located on the east side of the Athabasca Basin approx. 25 km southwest of Cameco's McArthur River Mine and 15 km northeast and along strike of Cameco's Millennium uranium deposit. Under the terms of the agreement, Skyharbour will pay $15,000 in cash and issue one million common shares in consideration for Canterra's 60% interest and their option to purchase up to 1.5% of the property's underlying 2.5% NSR for $1.5 million.

Read more: Skyharbour Acquires 60% Interest in Mann Lake Uranium Project in the Athabasca Basin, Saskatchewan

Stillwater Mining Reports Record Earnings of $144.3 Million or $1.30 per Diluted Share for 2011

STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U)

- Mined production volume totaled 517,900 PGM ounces for the year
- Recycling volume reached 486,700 PGM ounces for 2011
- Project and capital expenditures being closely monitored
- Blitz and Graham Creek PGM expansion projects being advanced as priority expenditures
- Engineering and permitting continues at Marathon project

Stillwater Mining Company today reported 2011 net income of $144.3 million, or $1.30 per diluted share, compared to $50.4 million or $0.51 per diluted share earned in 2010.

Read more: Stillwater Mining Company ( SWC.U )

Platinum Group Metals Announces a New Discovery Extending the North Limb of the Bushveld Complex

Platinum Group Metals Ltd. (TSX: PTM.TO - News)(AMEX: PLG - News) ("Platinum Group") is pleased to report drill intercepts grading 3.47 g/t Platinum, Palladium and Gold (2 PGE+Au) over 3.5 meters and 7.00 g/t 2PGE +Au over 5.0 meters at vertical depth of approximately 660 meters. The high grade, thick, layered intercepts are located in an area north of the previously mapped North Limb of the Bushveld Complex. This Northern extension of the Bushveld Complex was first discovered by the Company in early 2011 under cover rocks by drilling based on detailed geophysical and geochemical work. Drilling is continuing and the drill program is being immediately expanded. The intercepts are located on the 137 square kilometer Waterberg Property and the new zone has a projected, potential strike length distance of 7 kilometers.

Read more: Platinum Group Metals Ltd ( PTM )

Stillwater Mining Company and Marathon PGM Corp Announce Acquisition Agreement

Stillwater to Acquire Marathon PGM's Platinum Group Assets; Marathon PGM to Spin Out Gold Assets Acquisition of Complementary Assets Solidifies Stillwater's Position as Leading North American PGM Mining Company; Anticipated to Increase Stillwater's Platinum and Palladium Production by Approximately 40% Within Three Years Transaction Expected to Be Immediately Accretive to Stillwater on a Net Asset Value per Share and Reserve per Share Basis; Expected to Be Highly Accretive to Stillwater Cash Flow Within Three Years

Stillwater Mining Company (NYSE: SWC) ("Stillwater") and Marathon PGM Corporation (TSX: MAR) ("Marathon PGM") today announced that they have entered into a definitive agreement (the "Agreement") pursuant to which Stillwater, by way of a plan of arrangement, will acquire all of the outstanding shares of Marathon PGM.

Read more: Marathon PGM Corporation ( MAR )