Platinum Group Metals Ltd., (Platinum Group) is an exploration and development company. The Company is conducting work primarily on mineral properties it has staked or acquired by way of option agreement in Ontario, Canada and the Republic of South Africa. The Company has not determined whether its mineral properties contain ore reserves that are economically recoverable. Its South Africa projects include Western Bushveld Joint Venture, War Springs and Tweespalk. Its Canada projects include Agnew Lake and Lac Des Iles. Platinum Group controls a 72.83% interest in the Agnew Lake Property and Anglo Platinum, through Canadian subsidiary Kaymin Ltd., controls a further 26.17% interest.