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Platinex Announces Drill Results at Shining Tree Property and Completes 3D Magnetic Inversion - Vimarsana News

Platinex Announces Drill Results at Shining Tree Property and Completes 3D Magnetic Inversion

Platinex Inc. is pleased to announce initial results in connection with a portion of the planned Phase 1 drilling program conducted on the Shining Tree property and completion of magnetic data synthesis and magnetic inversion modelling. A short video showing the relationship between some of the data indicating prime exploration targets is on the home page of the website James R. Trusler, Chairman and CEO of ...

Platinex Announces Drilling and Provides Project Update at Shining Tree - Vimarsana News

Platinex Announces Drilling and Provides Project Update at Shining Tree

Platinex Inc. (CSE: PTX) (Frankfurt 9PX) (the " Company" or " Platinex") is pleased to provide an update on its exploration activities at its 100% owned Shining Tree project, northern Ontario. The Shining Tree Property (“Property”) is situated in the Abitibi Greenstone Belt comprising 21,720 ha (53,648 ac.), making it the largest land position in the Shining Tree area. The property is located to the east of IAMGOLD’s Cote Gold deposit and along 21 km of the Ridout-Tyrrell deformation zone (“RTDZ”) and borders Aris’s Gold’s Juby Deposit. Drilling Program Commenced: The phase 1 dr...

Platinex Completes Oversubscribed Flow Through Private Placement - Vimarsana News

Platinex Completes Oversubscribed Flow Through Private Placement

Platinex Completes Oversubscribed Flow Through Private Placement Platinex Inc. is pleased to announce that it has completed its previously announced non-brokered private placement issuing a total of 11,430,338 flow-through units for gross proceeds of $857,275. Each FT Unit consists of one flow-through common share of the Company and one half of one common share purchase warrant. Each full warrant is exercisable into a non-flow through common share at an exercise price of $0.10 … Platinex Inc. (CSE: PTX) (the ” Company ” or ” Platinex “) is pleased to announce that it has completed i...

Platinex Announces Flow Through Private Placement Financing - Vimarsana News

Platinex Announces Flow Through Private Placement Financing

Platinex Announces Flow Through Private Placement Financing TORONTO, Dec. 17, 2020 — Company” or “ The non-brokered private placement (the “ Private Placement“) shall consist of up to 6,666,666 units (“ Units“) at $0.075/Unit to raise up to $500,000. Each Unit will consist of one flow-through common share (“ FT Share“) of the Company and one half of one Common Share purchase warrant. Each full warrant (“ Warrant“) is exercisable into a Common Share at an exercise price of $0.10 for a period of 24 months following the closing of the Private Placement. The closing date of...

Platinex Increases Flow Through Private Placement Financing - Vimarsana News

Platinex Increases Flow Through Private Placement Financing

Platinex Increases Flow Through Private Placement Financing Platinex Inc. announces that due to strong demand the non-brokered flow through private placement announced yesterday will be increased up to $750,000. The non-brokered private placement shall consist of up to 10,000,000 units at $0.075Unit to raise up to $750,000. Each Unit will consist of one flow-through common share of the Company and one half of one Common Share purchase warrant. Each full warrant is … Platinex Inc. (CSE: PTX) (the ” Company ” or ” Platinex “) announces that due to strong demand the non-brokered flow t...