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2 stories mentioning PTX.VUpdated 12d ago

Every FINWIRES story that references PTX.V, newest first.

Mining & Metals

PTX Metals Starts Drilling at the Ronda Target on Its Shining Tree Project

PTX Metals (PTX.V) on Wednesday said drilling is underway at the Ronda target on its Shining Tree Project in northern Ontario."This program is designed to test the continuity of high-grade mineralization while continuing to build our understanding of a broader mineralized corridor in one of Ontario's most prospective gold districts," said Chief Executive Greg Ferron. "With existing infrastructure, strong regional exploration activity and multiple targets across the property, we believe Shining Tree offers significant discovery and growth potential."The company is also launching a soil sampling program over the four recently identified targets.Shares of the company were last seen unchanged at $0.12 on the TSX Venture Exchange.

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Mining & Metals

PTX Metals Upsizes a Private Placement Offering to $5.5 Million

PTX Metals (PTX.V) on Tuesday said it upsized a non-brokered private placements to $5.5 million from $3 million.The company is offering $3.5 million worth of flow-through shares priced at $0.125 each and $2 million of common-share units priced at $0.11 each and made up of a share and one half of a three-year warrant to buy a share for $0.18.Proceeds will be used for general corporate expenses and working capital purposes and to use the gross proceeds from the sale of the FT shares to incur eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures".Shares of the company were last seen unchanged at $0.115 on the TSX Venture Exchange.

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