TORONTO, ONTARIO--(Marketwired - Sep 30, 2013) - Platinex Inc. (TSX VENTURE:PTX) announced today that it has completed a non-brokered private placement of 1,050,000 working capital units at $0.02 per unit, to raise $21,000. Each working capital unit comprised one common share and one warrant. Each whole warrant is exercisable for a common share of Platinex at an exercise price of $0.05 on or before September 30, 2014 and [...]
TORONTO, ONTARIO--(Marketwired - Aug 21, 2013) - Platinex Inc. (TSX VENTURE:PTX), announced a non-brokered offering of up to 2,500,000 units at $0.02/unit to raise $50,000. Each unit consists of one common share and one warrant. Each warrant is exercisable for a common share for Platinex at an exercise price of $0.05 on or before the date which is 12 months after the first closing of offering and at an exercise price of [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/01/13 -- Platinex Inc. (TSX VENTURE: PTX)(OTCQX: PANXF)(FRANKFURT: 9PX.F), have retained the services of a New York based Financial Advisory firm to coordinate and market efforts to raise up to $6.0 Million in an asset backed corporate bond offering.
James R. Trusler, President and CEO of Platinex, stated, "The funds will be used for a 20,000m drill program on the Shining Tree [...]
TORONTO, ONTARIO -- (Marketwire) -- 12/07/12 -- Platinex Inc. (TSX VENTURE: PTX), has entered into an agreement with Probe Mines Limited to sell 100% interest in its Ivanhoe property. The Company will receive $80,000 as well as 50,000 common shares, and grant a net smelter royalty ("NSR") of 1.5% on the property. The securities will be subject to a restricted period of four months and one day from the date of issuance [...]
TORONTO, ONTARIO -- (Marketwire) -- 10/03/12 -- Platinex Inc. (TSX VENTURE: PTX)(PINKSHEETS: PANXF)(FRANKFURT: 9PX), has entered into an agreement with Lac des Iles Mines Ltd. to sell 100% interest in its Tib Lake claims for $25,000 plus a 0.5% NSR royalty on production from the claims. Lac des Iles Mines Ltd. is a subsidiary of North American Palladium Ltd.
As well, Platinex has donated some 7,000 m of drill core plus [...]
TORONTO, ONTARIO -- (Marketwire) -- 06/20/12 -- Platinex Inc. (TSX VENTURE: PTX), announced today a summary report on the Shining Tree gold property has been filed on SEDAR and the company website. The report updates data collected since filing a qualifying report in 2008.
In addition to the internal valuation of the Herrick deposit revealed in a press release on May 15, 2012, a model for thickening and enrichment of [...]
TORONTO, ONTARIO -- (Marketwire) -- 05/16/12 -- Platinex Inc. (TSX VENTURE: PTX) announced today initial results from the latest drill program. In March of 2012 five holes for 870m were drilled on the property to test coincident strong IP anomalies and high gold grain counts in till. The drill holes tested targets along a 4.2km strike length. Due to budgeting constraints some of the detailed logging and sampling of [...]
TORONTO, ONTARIO -- (Marketwire) -- 05/15/12 -- Platinex Inc. (TSX VENTURE: PTX), announced today that an internal valuation of the Herrick deposit on Platinex's Shining Tree gold property has identified potential gold content ranging from 111,000 oz to 172,000 oz Au within the defined vein structures to a depth of 300m. The estimate is based on a minimum of 1,628,000 tonnes grading 2.11 g/tonne Au to a maximum of [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/22/12 -- Platinex Inc. (TSX VENTURE: PTX) is commencing a drilling program immediately to test several strong IP anomalies associated with the gold dispersion train described in previous press releases (Platinex Update, Feb. 14, 2012; Platinex 2011 Exploration Update Shining Tree Project, Nov. 24, 2011). The gold dispersion train on the Shining Tree property is one of the more [...]
TORONTO, ONTARIO -- (Marketwire) -- 02/14/12 -- Platinex Inc. (TSX VENTURE: PTX), completed a private placement in December 2011 raising $213,250. Line cutting has started on the Shining Tree property and JVX Ltd. has been engaged to complete a 12.5 line km pole-dipole spectral IP survey over areas where numerous gold grains and nuggets have been found in glacial till. The Company intends to carry out an initial 5,000m
TORONTO, ONTARIO -- (Marketwire) -- 12/22/11 -- Platinex Inc. (TSX VENTURE: PTX) announced today that it has completed a non-brokered private placement of 2,763,333 flow-through units at $0.075 per unit, and 100,000 working capital units at $0.06 per unit, to raise $213,250. Each flow-through unit consisted of one flow-through common share and 1/2 of one warrant. Each working capital unit consisted of one common share
TORONTO, ONTARIO -- (Marketwire) -- 11/24/11 -- Platinex Inc. (TSX VENTURE: PTX), is pleased to report work has completed and highlights of this year's exploration program in Shining Tree, Ontario. The Company has remained active throughout the year carrying out a property wide program of till and bedrock sampling, plus focused programs of stripping, channel sampling, ground magnetometer surveys, and drilling (tabulated