Platinex Inc. (TSE:PTX) has released an update.
PTX Metals Inc. has successfully completed the first tranche of a private placement, securing $300,000 to fund the exploration and drilling operations at the W2 Copper Nickel PGE Project. The company aims to raise a total of $750,000 through this offering, with the proceeds earmarked for Phase 2 drilling and other exploratory activities. PTX Metals, which has a diverse portfolio of mineral assets in Ontario, is focused on advancing its projects, including W2, which shows promise for various valuable minerals.
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