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Tag "platinex-inc"

Platinex Completes Private Placement 0

TORONTO, ONTARIO — (Marketwired) — 09/30/13 — 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 thereafter at an exercise price of $0.10. The warrants expire on Septembe

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Platinex Financing 0

TORONTO, ONTARIO — (Marketwired) — 08/21/13 — 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 $0.10 on or before the date which is 24 months after the first closing of

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Platinex to Market Bond 0

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 property which will include deep definition drilling on two deposits."

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Platinex Sells Ivanhoe Property 0

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. The purchase is subject to TSX Venture Exchange approval.The Ivan

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Platinex Update: Valuation of Herrick Deposit; Shining Tree and Acquisition of Mining Lease at Shining Tree 0

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 2,554,000 tonnes grading 2.10 g/tonne Au. The estimate is derived from 3 narrow

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Platinex Commissions Airborne EM Survey Ring of Fire 0

TORONTO, ONTARIO — (Marketwire) — 10/04/11 — Platinex Inc. (TSX VENTURE: PTX), announced today that it engaged Fugro Airborne Surveys Corp. to conduct a 1,104 line km HELITEM survey over its South McFaulds property in the Ring of Fire area of Ontario.A portion of the recently completed survey focused on the thickened Ring of Fire Intrusion which appears to source chromium anomalies in till to the south of the property and is believed an attractive target for the occurrence of PGE reefs simi

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Platinex Receives Additional Encouraging Till Results 0

TORONTO, ONTARIO — (Marketwire) — 07/18/11 — Platinex Inc. (TSX VENTURE: PTX), is pleased to report the results of gold grain counts from 111 till samples substantiating the widespread gold in till glacial dispersion train on the Shining Tree property. Forty eight samples returned gold grain counts of 10 or more and fourteen samples returned gold grain counts greater than 25. Heavy metal concentrates from the samples contained up to 64.4 g/tonne gold. The fine fraction of the samples will b

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