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PTX Metals closes private placement raising over C$7 million for exploration in Ontario.

Company Fundamentals
14 May 2026
Newsfile Corp
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Bullish
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PTX Metals Inc. completed its non-brokered private placement, issuing flow-through shares and hard dollar units to raise over C$7 million. The funds will support general corporate expenses and exploration of its mineral projects in Ontario, including copper, gold, nickel, and platinum group elements. The flow-through shares will finance eligible Canadian exploration expenses, with expenditures expected by the end of 2027. PTX aims to advance its flagship projects in the Ring of Fire and Timmins Gold Camp regions, leveraging Ontario's rich mineral resources and stable mining environment.

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