SECOND AMENDED AND RESTATED SECOND LIEN CREDIT AGREEMENT DATED AS OF February 12, 2018 Between: PLATINUM GROUP METALS LTD. as Borrower - and - PLATINUM GROUP METALS (RSA) PROPRIETARY LIMITED as Guarantor - and - LIBERTY METALS & MINING HOLDINGS, LLC...Second Lien Credit Agreement • February 20th, 2018 • Platinum Group Metals LTD • Gold and silver ores • British Columbia
WHEREAS the parties hereto entered into a second lien credit agreement dated as of November 2, 2015 (the “Initial Credit Agreement”) as amended by a first credit agreement modification agreement dated as of May 3, 2016, a second credit agreement modification agreement dated as of September 19, 2016, a third credit agreement modification agreement dated as of January 13, 2017, a fourth credit agreement modification agreement dated as of April 13, 2017, a fifth credit agreement modification agreement dated as of June 13, 2017, a sixth credit agreement modification agreement dated as of June 27, 2017 and the Side Letter (the Initial Credit Agreement as so amended, the “Previous Credit Agreement”) and amended and restated by an amended and restated second lien credit agreement dated as of October 30, 2017 (the “Existing Credit Agreement”);
