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Geologic Resource increases stake to 13.8% in Platinum Group Metals
By E. Janene Geiss
Philadelphia, Jan. 13 - Geologic Resource Partners LLC increased its investment to 13.8% in Platinum Group Metals Ltd. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.
That represents a passive stake of 8,656,318 shares.
Those holdings are up from the passive stake of 11.9%, or 7,421,709 shares, that the investor reported owning on Jan. 22, 2008, according to another SC 13G/A filing.
Vancouver, B.C.-based Platinum is a mineral exploration company.
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