|
Platinex Inc. Shares for Debt Settlement25.01.2019 | 15:43 Uhr | GlobeNewswire
TORONTO, Jan. 25, 2019 - Platinex Inc. (CSE: PTX) announces execution of a shares-for-debt settlement transaction of an option payment on claims optioned from Skead Holdings Ltd. and Ashley Gold Mines Ltd. in which Platinex will issue 600,000 common shares at a price of $0.05 per share to Skead Holdings Ltd. and Ashley Gold Mines Ltd. The option payment has a cash value of $30,000. The claims form part of the 14,186 ha (35,040 ac) Shining Tree gold property in northern Ontario. Previous exploration has revealed a very large and significant gold in till dispersion train across the Shining Tree camp in over 450 till samples. As a result Platinex has increased its property holdings and now holds a 21 km strike length of the Tyrrell-Ridout deformation zone, a suspected source of the gold dispersion train, which has received sparse past attention from explorers. The IAMGOLD Cote Lake deposit and the Tahoe Resources Juby deposit are recent discoveries along strike to the west and east respectively. An Exploration Plan for the Shining Tree property and Exploration Permit have been approved for a three-year period. A NI43-101 technical report was completed in June, 2018 on the expanded property holdings. Lori Paradis, Corporate Secretary About Platinex Inc. To receive Company press releases, please email lparadis@platinex.com and FORWARD-LOOKING STATEMENTS: Investing into early stage companies, inherently carries a high degree of risk and investment into securities of the Company shall be considered highly speculative. Furthermore, the Company seeks to enter the cannabis market in the United States, where some states have legalized cannabis for medical or adult recreational use, while cannabis remain illegal under United States Federal law. As such, the Company may become subject to additional government regulation and legal uncertainties that could restrict the demand for its services or increase its cost of doing business, thereby adversely affecting its financial results. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any province in which such offer, solicitation or sale would be unlawful. The securities issued, or to be issued, under the Private Placement have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Canadian Securities Exchange has not passed upon the merits of the Private Placement and has not approved nor disapproved the contents of this press release. Dieser Artikel stammt von Rohstoff-Welt.de
Die URL für diesen Artikel ist: http://www.rohstoff-welt.de/news/artikel.php?sid=227907
© 2007 - 2024 Rohstoff-Welt.de ist ein Mitglied der GoldSeiten Mediengruppe
Es wird keinerlei Haftung für die Richtigkeit der Angaben übernommen! Alle Angaben ohne Gewähr! Kursdaten: Data Supplied by BSB-Software.de (mind. 15 min zeitverzögert) Werbung | Mediadaten | Kontakt | AGB | Impressum | Datenschutz |