---
title: "PTM: Net loss improved as Waterberg Project progresses, with staged development and financing underway"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292822737.md"
description: "Net loss narrowed to $2.88 million for the nine months ended May 31, 2026, as Waterberg Project development advanced with new drilling, infrastructure, and financing initiatives. Staged mine development and concentrate offtake negotiations are ongoing.Original document: Platinum Group Metals Ltd. [PTM] Earnings Release — Jul. 15 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-15T22:30:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292822737.md)
  - [en](https://longbridge.com/en/news/292822737.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292822737.md)
---

# PTM: Net loss improved as Waterberg Project progresses, with staged development and financing underway

Net loss narrowed to $2.88 million for the nine months ended May 31, 2026, as Waterberg Project development advanced with new drilling, infrastructure, and financing initiatives. Staged mine development and concentrate offtake negotiations are ongoing.

Original document: Platinum Group Metals Ltd. \[PTM\] Earnings Release — Jul. 15 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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