PTX Metals Inc.

PTX Metals Inc. is pleased to announce the Company has closed an oversubscribed Offering non-brokered flow-through private placement raising $860,000 resulting in the additional issuance of 14,000,000 units at a price of $0.04 per unit . The proceeds will be used to fund the completion of an exploration target resource model completed by BAW Mining Inc. which will provide an estimated range of tonnage and grade by [...]

PTX Metals Inc. is pleased to provide an update of the Spring 2024 exploration work programs on the South Timmins Mining Joint Venture gold properties. The properties include the Shining Tree, Heenan and Mallard gold projects, all located along the Ridout-Tyrell Deformation Zone in Ontario's mineral-rich Abitibi greenstone belt. The South Timmins JV will continue with a prioritized program which will start in May and [...]

PTX Metals Inc. is pleased to announce that the Company has closed the first tranche of a non-brokered flow-through private placement raising $300,000 consisting of 7,500,000 units at a price of $0.04 per unit . The Company expects to close a final tranche of the FT Units Offering raising a total of $750,000. The use of proceeds will be used to complete an exploration target based on the historical and current drilling at [...]

PTX Metals Inc. is pleased to provide an update on the Company's inaugural drill program at the W2 Cu-Ni-PGE Project in the "Ring of Fire" region of Northwestern Ontario with the Phase 1 Drill Program proceeding well. Further, modelling of the complete historical resource area is underway with a goal to produce a NI 43-101 compliant resource estimate following the completion of an additional Phase 2 drill program. This [...]

PTX Metals Board of Directors is pleased to welcome Jean David Moore to the Board and to appoint Felix Lee as Lead Director. M. Jean-David Moore brings an illustrious career spanning more than fifteen years of experience as a Canadian natural resources’ adviser and as a substantial investor in Canadian mining companies. JD currently serves Director positions at Fokus Mining Corp., Green Canada Corporation and most [...]

Platinex is pleased to announce the completion of the name change to PTX Metals Inc. effective February 28, 2024. Management recommended the name change because 'Platinex' no longer accurately describes the Company's expanded portfolio and focus on gold, copper-nickel-PGE projects. Trading will commence under the new name on Wednesday, Feb 28, 2024. The Company's shares will continue to trade under the symbol PTX on the [...]

Platinex is pleased to announce results from the first phase of diamond drilling on the Heenan Property, part of the Heenan Mallard Gold Project located in the Swayze Greenstone Belt of the Abitibi northeastern Ontario and held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd. Highlights: The program totalled 611.50 m with three drill holes completed over 50 m spacing and one undercut hole. All [...]

Platinex is pleased to announce results from fieldwork at the Muskrat Dam Critical Minerals Project which covers key portions of the Muskrat Dam Lake greenstone belt in Northwest Ontario. Field observations and bulk rock chemical data from samples collected at the Axe Lake claim block in September 2023 have revealed anomalous levels of rare metals and lithium. Although historical government mapping indicated favourable [...]

Platinex Inc. is pleased to announce results from its mechanized stripping and channel sampling program at the Ronda claims located in the central area of the district scale Shining Tree Gold Property, Ontario. The Shining Tree Property is held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd.. The program is the first significant work program since Platinex acquired the Ronda surface claims [...]

Platinex Inc. reports the voting results from its Annual General Special Meeting of shareholders held on January 16, 2024. Shareholders holding 129,324,513 shares or 42.53% of the issued and outstanding shares of the Company were represented in person or by proxy at the Meeting and voted in favour of all matters brought before the Meeting as outlined in the Company's Management Information Circular dated December 08 [...]