PTX Metals Inc.

Platinex Inc. announces the retirement of long-standing board director Lorne D. Burden effective March 31, 2021. Further we are pleased to announce the appointment of Frank Hoegel to the Company's Finance Advisory Committee chaired by Greg Ferron. James R. Trusler, chairman and chief executive officer of Platinex, stated: "Lorne and I have been industry colleagues and friends for over 35 years. I wish him well in his [...]

Platinex Inc. is pleased to announce receipt of an exploration permit to commence a drilling program and other exploration activities on the Shining Tree Gold Project, Ontario. The 21,720 ha. property is situated along the Ridout-Tyrrell trend between the Juby deposit of Aris Gold to the east and the mine development-stage Cote Gold deposit of IAMGOLD and Sumitomo to the west. The Company contracted Missinaibi Drilling to [...]

Platinex Inc. is pleased to provide an update on its exploration activities at its 100% owned Shining Tree project, northern Ontario. The Shining Tree Property is situated in the Abitibi Greenstone Belt comprising 21,720 ha , making it the largest land position in the Shining Tree area. The property is located to the east of IAMGOLD's Cote Gold deposit and along 21 km of the Ridout-Tyrrell deformation zone and borders [...]

Platinex Inc. is pleased to announce the appointment of Christophe Vereecke as a director. Mr. Vereecke is a nominee of Treasury Metals Inc. as a result of the recent sale of mining claims that are located adjacent to the Company's Shining Tree property, and royalties whereby Treasury became an equity holder of 12.5 million shares and 5 million warrants. The acquisition by Platinex has created the largest combined gold [...]

Platinex Inc. reports the results of grab sampling and progress on the Shining Tree Gold Project, Ontario. Commencing in September 2020 a program of mechanized stripping and channel sampling was conducted at surface to test an area of multiple quartz-carbonate veins within a system of shear zones on the east side of the Caswell prospect . Initial orientation of the more intensive work was obtained with the collection of [...]

Platinex Inc. is pleased to announce that it has completed its previously announced non-brokered private placement , issuing a total of 11,430,338 flow-through units for gross proceeds of $857,275. Each FT Unit consists of one flow-through common share of the Company and one half of one common share purchase warrant. Each full warrant is exercisable into a non-flow through common share at an exercise price of $0.10 for a [...]

Platinex Inc. is pleased to announce that its Annual General Meeting of shareholders was held in Toronto, Ontario on December 15, 2020 at which all of the following resolutions were passed: Setting the number of Directors at six; The re-election of the incumbent directors, being James Trusler, Graham Warren, Lorne Burden, Felix Lee and Greg Ferron; The re-appointment of Baker Tilly WM LLP as auditors of the Company; and [...]

Platinex Inc. announces that due to strong demand the non-brokered flow through private placement announced yesterday will be increased up to $750,000. The non-brokered private placement shall consist of up to 10,000,000 units at $0.075/Unit to raise up to $750,000. Each Unit will consist of one flow-through common share of the Company and one half of one Common Share purchase warrant. Each full warrant is exercisable [...]

Platinex Inc. wishes to announce a non-brokered flow through private placement of up to $500,000. The non-brokered private placement shall consist of up to 6,666,666 units at $0.075/Unit to raise up to $500,000. Each Unit will consist of one flow-through common share of the Company and one half of one Common Share purchase warrant. Each full warrant is exercisable into a Common Share at an exercise price of $0.10 for a [...]

Platinex Inc. reports that the first 38 samples of till collected at surface this year have been processed for gold grain content by Overburden Drilling Management of Nepean, Ontario which returned a high value of 207 gold grains in one sample of which 116 grains are pristine and modified. The average grain count in the 38 samples is 21. This is a continuation of a program on the core 16% of the property previously [...]