$PLG

Platinum Group Metals Ltd. (PTM, PLG) reports that its subsidiary, Lion Battery Technologies, completed initial testing of its platinum- and palladium-based lithium-sulfur battery tech. Independent tests validated performance improvements. Funding approved for pilot-scale manufacturing of pouch-cell prototypes, targeting high-energy apps like drones. Lion holds exclusive rights to the tech, with 8 patents granted.

Intercontinental Exchange (ICE) agreed to buy MarketAxess Holdings in an all-cash deal valued at about $5.8B, paying $167 per share, a 33% premium, to expand its fixed-income trading ecosystem. PLG Group said it will acquire Romania’s iaBilet from Resource Partners. Wander said it will acquire Maple, a digital household management platform.

Platinum Group Metals Ltd. (TSX: PTM, NY American: PLG) reported third-quarter fiscal 2026 results for the period ended May 31, 2026, and updated plans for its Waterberg Project in South Africa. The company said Waterberg JV Co. approved a Rand 27.4 million T-Zone study supplemental budget and a 2026 ATM program to sell up to $60 million of shares.

Platinum Group Metals Ltd (PTM) stock is trading under scrutiny due to volatile PGM prices and shifting demand, particularly impacting its South African projects like Waterberg. The Canadian exploration company, a pre-production entity, faces challenges from PGM price fluctuations, but its projects are crucial for Europe's critical mineral supply chain. Investors are watching for feasibility study results and partner deals as triggers for future valuation.

Franklin Resources Inc. reduced its stake in Platinum Group Metals Ltd. (PLG) by 3.8%, selling 400,000 shares and retaining 10,037,279 shares valued at $15.3 million. Other institutional investors like Banque Transatlantique SA and Apella Capital LLC initiated new positions, while Cetera Investment Advisers significantly increased its holdings. Platinum Group Metals currently trades around $2.44 with a market capitalization of $284.85 million.