Platinex announces that effective at the close of business on March 22, 2017, the common shares of Platinex will be delisted from TSX Venture Exchange at the request of the Company. The Company's shares will continue to trade on the Canadian Securities Exchange under the trading symbol "PTX". About Platinex Inc. Platinex's goal is to create shareholder value through exploration, opportunistic acquisition and discovery of [...]
Platinex announces that the Company's common shares will commence trading on the Canadian Securities Exchange under the trading symbol "PTX" at the opening of the market on Monday, March 20, 2017. Platinex's goal is to create shareholder value through exploration, opportunistic acquisition and discovery of commercial mineral deposits. The focus is currently on the Shining Tree gold camp, which has received little modern [...]
Platinex is pleased to report that it has applied for a listing as a resource issuer on the Canadian Securities Exchange. Upon the granting of approval to list by the CSE, Platinex intends on de-listing from the TSX Venture Exchange. CEO Jim Trusler comments: "We have made this decision in an effort to increase flexibility to pursue value creating initiatives, at lower regulatory cost. As the CSE has gained prominence and [...]
Platinex has agreed in principle to a purchase and sale agreement on 43 claim units totaling 688 hectares (1720 acres). The vendor will receive 71,429 shares of Platinex Inc. in exchange for Platinex receiving a 100% interest in the claim block. The units are contiguous with the Platinex Shining Tree project, centered on the Ridout-Tyrrell Fault zone between IAMGold Corp.'s Cote Lake project and Tahoe Resources' Juby [...]
Platinex has wrapped up 2016 by more than doubling its land position to 337 claim units covering nearly 5400 ha. See Press Releases 'Platinex Updates Recent Activity in Shining Tree Gold Camp Dec. 5, 2016;' Platinex Purchase Adds Claims to Shining Tree Gold Property' Nov. 3, 2016; and, 'Platinex Expands Shining Tree Gold Property' Aug 17, 2016. The Shining Tree project is centered on the Ridout-Tyrrell Fault zone between [...]
Platinex has just completed a staking program in Churchill and Asquith townships. Forty-five (45) claim units were acquired in order to cover extensions of important gold-bearing structures in the Shining Tree gold camp. Since August of this year the contiguous claim block has more than doubled, from 5,600 acres (2,240 ha) to 13,240 acres (5,296 ha). More importantly, previously documented gold showings, some of which [...]
Platinex has received final TSX Venture Exchange approval of the previously announced non-brokered private placement of units of the Company at $0.10 per Unit. A total of 4,580,000 Units were issued on November 25, 2016, resulting in aggregate gross proceeds of $458,000 under the Private Placement. Each Unit consists of one common share of the Company and one common share purchase warrant of the Company. For further [...]
Platinex has received the TSX Venture Exchange's approval to complete the transaction described in the Company's press release dated November 3, 2016 to expand the Shining Tree gold property and has issued an aggregate of 398,000 common shares of Platinex. The recent Shining Tree gold property acquisitions have increased the project size to 286 claim units. The Shining Tree gold property covers many historic workings, and [...]
Platinex Inc. has completed its previously announced non-brokered private placement of units of the Company at $0.10 per Unit. A total of 4,580,000 Units were issued on November 25, 2016, resulting in aggregate gross proceeds of $458,000 under the Private Placement. Each Unit consists of one common share of the Company and one common share purchase warrant of the Company, bearing the terms described in the press release [...]
TORONTO, ONTARIO--(Marketwired - Nov 22, 2016) - Platinex Inc. (TSX VENTURE:PTX) (the "Company") is announcing that, further to its press release dated November 15, 2016 ("Initial Press Release") announcing a proposed private placement of units ("Units") of the Company at $0.10 per Unit (the "Private Placement"), the Company intends to increase the size of the Private Placement from up to 2,500,000 Units (for gross [...]
TORONTO, ONTARIO--(Marketwired - Nov 15, 2016) - Platinex Inc. (TSX VENTURE:PTX) (the "Company") announced a non-brokered private placement (the "Private Placement") of 2,500,000 units ("Units") at $0.10/Unit to raise $250,000. Each Unit will consist of one common share ("Common Share") of the Company and one warrant ("Warrant") of the Company. Each Warrant is exercisable into a Common Share at an exercise price of $0.125 [...]
TORONTO, ONTARIO--(Marketwired - Nov 15, 2016) - AT THE REQUEST OF IIROC, Platinex Inc. (TSX VENTURE:PTX) (the "Company") wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. About Platinex Inc. Platinex's goal is to create shareholder value through exploration, opportunistic acquisition and discovery of [...]