AMENDING AGREEMENT
QuickLinks -- Click here to rapidly navigate through this document
This Amending Agreement, dated as of December 19, 2012, amends the Underwriting Agreement, dated as of December 12, 2012 (the "Underwriting Agreement"), between Platinum Group Metals Ltd. and BMO Xxxxxxx Xxxxx Inc., RBC Dominion Securities Inc., GMP Securities L.P., Xxxxxxx Xxxxx Ltd., Xxxxxx Xxxxxxxx Canada Inc., CIBC World Markets Inc. and Cormark Securities Inc.
Section 17 of the Underwriting Agreement is hereby amended by inserting the following sentence at the end of such section:
"Notwithstanding anything to the contrary contained herein, the Underwriters' Expenses payable by the Corporation hereunder together with the Underwriting Fee shall not exceed 8.0% of the gross proceeds of the Offering."
[Signature Page Follows]
| BMO XXXXXXX XXXXX INC. | RBC DOMINION SECURITIES INC. | |||||
By: |
/s/ XXXXX XXXXXX Name: Xxxxx Xxxxxx Title: Managing Director |
By: |
/s/ XXXXX XXXXXXXX Name: Xxxxx Xxxxxxxx Title: MD |
|||
GMP SECURITIES X.X. |
XXXXXXX XXXXX LTD. |
|||||
By: |
/s/ XXXX XXXXXXXX Name: Xxxx Xxxxxxxx Title: Managing Director, Investment Banking |
By: |
/s/ XXX XXXXXX Name: Xxx Xxxxxx Title: Senior Vice President |
|||
XXXXXX XXXXXXXX CANADA INC. |
CIBC WORLD MARKETS INC. |
|||||
By: |
/s/ XXX XXXXXXXX Name: Xxx Xxxxxxxx Title: Managing Director, ECM |
By: |
/s/ XXXXXXX XXXXXXX Name: Xxxxxxx Xxxxxxx Title: Managing Director |
|||
CORMARK SECURITIES INC. |
||||||
By: |
/s/ XXXX XXXXXXX Name: Xxxx Xxxxxxx Title: MD, Equity Capital Markets |
|||||
PLATINUM GROUP METALS LTD. |
||||||
By: |
/s/ R. XXXXXXX XXXXX Name: R. Xxxxxxx Xxxxx Title: President & CEO |
|||||
By: |
/s/ XXXXX X. XXXXXX Name: Xxxxx X. Xxxxxx Title: CFO |
|||||
