PTX Metals Inc.

Platinex Inc. is pleased to announce that the Company has closed a non-brokered private placement for gross proceeds of $1,536,300 . The Company issued 16,060,000 units at a price of C$0.05 per Unit. In addition, the Company issued 12,221,667 flow through units at a price of C$0.06 per Unit. Each Unit and FT Unit consists of one common share and one-half of a common share purchase warrant. Each full warrant is exercisable [...]

Platinex Inc. is pleased to announce that it has acquired 63 mining claims adjoining its Shining Tree Project through an agreement with Skead Holdings Ltd. . The acquisition increases the Shining Tree property holdings from 21,847 hectares to 23,219 hectares and covers area in the central western portion of the Project . The new acquisition covers some of the down dip extension and a prominent spur fault associated with [...]

Platinex Inc. is pleased to announce that its wholly owned subsidiary, Endurance Elements Inc. has acquired 149 mining claims located along the western boundary of the W2 Copper-Nickel-PGE Project in Ontario's Ring of Fire . The additional 2,932 hectares of ground brings the W2 land package to 15,973 hectares . Endurance Elements holds a 100% interest in the W2 Project. The W2 Project now covers approximately 80% of the [...]

Platinex Inc. is pleased to announce the appointment of Sam Kiri, CFA to the company's Board of Directors, where he will chair the Audit Committee. Sam has over 20 years capital markets and asset management experience in North America, Europe, and the Pacific Rim, with a primary focus on the mining and energy sectors. He was an equity analyst for the Scotia Pacific Rim Mutual Fund and one of the founders of Proactive [...]

Platinex Inc. is pleased to announce that its wholly owned subsidiary, Endurance Elements Inc. has acquired, through low-cost claim staking, 198 mining claims contiguous with existing claims at the W2 Copper-Nickel-PGE Project in Ontario's Ring of Fire . The new claims cover 3,897 hectares and represent a 42.7% increase in the total W2 land package which now stands at 13,031 hectares . The new claims cover potential [...]

Platinex Inc. is pleased to announce that it has closed the acquisition of a 100% ownership interest in the W2 Copper-Nickel-PGE Project . The W2 Project controls one of the major Oxford Stull Dome complexes and includes over 5 km of strike length of known Cu-Ni-PGE mineralization within a large land package located near the Ring of Fire. Historical exploration was carried out at W2 by operators including [...]

Platinex Inc. is pleased to announce the appointment of Greg Ferron to the position of interim CEO effective immediately. Greg has been a director of Platinex since September 2020. The appointment follows the retirement of the Company's Founder and CEO, Jim Trusler, who will remain Non-Executive Chairman and a key member of the technical team. Mr. Trusler led the acquisition, through option agreements and staking, to [...]

Platinex Inc. is pleased to announce initial results in connection with a portion of the planned Phase 1 drilling program conducted on the Shining Tree property and completion of magnetic data synthesis and magnetic inversion modelling. A short video showing the relationship between some of the data indicating prime exploration targets is on the home page of the website www.platinex.com. James R. Trusler, Chairman and CEO [...]

Platinex Inc. is pleased to announce further results from its gold in till exploration on its Shining Tree property including geochemical analyses for gold and a multi-element package. The results covering a large 90 km2 gold dispersion area, reveal a high gold content of the till and the identification of multiple elements which will help Platinex develop drill targets. The 21,806 ha. property is situated along the [...]

Platinex Inc. is pleased to announce the acquisition of additional mining claims in Shining Tree and provides an update on the on-going work at Shining Tree. Platinex has consolidated the former Ronda mine which is the largest former producer at Shining Tree providing virtually 100% ownership of the mine workings, depth and strike extensions by acquiring the Trillium Mining Corp. claims. Trillium is a 100% owned [...]