PTX Metals Inc.
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Greg Ferron
- Full Time Employees
- 8
- Sector
- Basic Materials
- Industry
- Gold
- Address
- The Exchange Tower Toronto ON Canada M5C 1P1
- IPO Date
- Aug 24, 2018
- Website
- ptxmetals.com
- Similar Companies
- Business
- PTX Metals Inc. PTX Metals Inc. (CSE: PTX, OTCQB: PANXF) engages in mineral exploration, focusing on critical minerals and precious metals properties in Canada; the company holds 100% interest in the W2 Copper-Nickel-Platinum Group Elements (Cu-Ni-PGE)-Gold Project covering 22,094 hectares near the Ring of Fire in northern Ontario, prospective for copper, nickel, PGEs, gold, and cobalt within the layered mafic-ultramafic Lansdowne House Igneous Complex; and maintains a 75% interest in the South Timmins Gold Joint Venture with Fancamp Exploration Ltd., targeting gold along the Ridout-Tyrell Deformation Zone adjacent to IAMGOLD Corp.'s Côté Gold operation in the Abitibi region. Through its 51%-owned subsidiary Green Canada Corp., PTX Metals provides exposure to uranium exploration, including claims in the Thelon Basin (Nunavut), Athabasca Basin (Saskatchewan), Matoush-Otish (Quebec), and other projects like Beartooth Island and Cypress uranium-copper site. The company, founded in 1998 and headquartered at 82 Richmond Street East in Toronto, Ontario, operates primarily in world-class mining jurisdictions such as northern Ontario, Saskatchewan, Quebec, and Nunavut, targeting institutional investors seeking commodities essential for the green energy transition including copper, nickel, PGEs, gold, uranium, chromite, and rare metals. PTX Metals formerly operated as Platinex Inc., changing its name in February 2024 to better reflect its critical minerals focus; recent developments include the consolidation of the W2 Project with historical resource acquisition in January 2024, the formation of Green Canada Corp. and acquisition of a Canadian uranium portfolio in 2023 with subsequent staking of 324 km² Thelon Basin uranium claims in September 2024, multiple private placement financings culminating in a final closing in October 2025 raising funds for exploration, commencement of Phase 2 drilling and airborne magnetic surveys at W2 yielding wide near-surface mineralized intercepts such as 235m in May 2025 and positive mineralogy results in August 2025, initiation of a work program at the Shining Tree Gold Project in October 2025 to define drill targets near the Ridout-Tyrell Deformation Zone, confirmation of gold expansions at Heenan-Mallard in April 2025, receipt of non-dilutive Ontario Junior Exploration Program grant funding and additional permits for W2 in late 2024, and conditional approval followed by uplisting to the TSX Venture Exchange in March 2025 with DTC eligibility. Exploration programs emphasize geophysical surveys, drilling, and geochemical sampling to delineate large-scale targets, supported by expert geologists with experience from global miners and proximity to infrastructure like the forthcoming Webequie Supply Road.
PTX Metals' Investee Company Green Canada Received Conditional Approval for TSXV Listing Application and Announced Concurrent Financing
PTX Metals Welcomes Ontario's Ring of Fire Road Announcement as W2 Project Advances with Receipt of Exploration Permit
PTX Metals Reports Strong Initial Metallurgical Results At W2 Copper-Nickel-PGE Project
PTX Metals Advances Shining Tree Gold Project with Start of Drilling at Priority Ronda Target
PTX Metals Inc. Announces Transition to Semi-Annual Financial Reporting
PTX Metals Inc. Announces Final Closings of Private Placement
PTX Metals Inc. Announces Additional Closings of Private Placement
PTX Metals Inc. Announces Increase in Size of Its Private Placement
PTX Metals Inc. Announces First Closings of Private Placement
PTX Metals Inc. Announces Increase in Size of Its Private Placement Offerings
PTX Metals Inc. Announces Private Placement Offerings
PTX Metals Inc. Defines Priority Drill Targets at Shining Tree Gold Project Following New Geophysical and Structural Analysis
PTX Metals Welcomes Ontario Support Through OJEP Funding, Highlights Growing Momentum in Province's Mining Sector
PTX Metals Inc. Step-Out Drill Hole Intercepts 213 Combined Meters of Mineralization and Ends in Higher Grade Zone at Depth at Its W2 Copper-Nickel-PGE and Gold Project
PTX Metals' Equity Holding of Green Canada Corporation and MAACKK Capital Corp. Provide Corporate Updates
PTX Metals' Subsidiary, Green Canada Corporation and MAACKK Capital Corp. Provide Update Regarding Shareholders' Meetings and Green Canada Private Placement Closing
PTX Metals' Subsidiary, Green Canada Corporation Announces Closing of Private Placement
PTX Metals Inc. Completes Surface Work at the Shining Tree Gold Property and Reports Multiple High-Grade Results from Surface Samples
PTX Metals Launches 5,000m Drill Program at W2 Copper-Nickel-PGE-Gold Project as Metallurgy, Geophysics, and Infrastructure Agreements Strengthen Outlook
PTX Metals Inc. Reports Compilation of Geophysical Data and Ongoing Activities at Its W2 Cu-Ni-PGEs Project