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PTX Metals raises over CAD 5.7M in private placement to fund exploration projects in Ontario.

Company Fundamentals
30 Apr 2026
Newsfile Corp
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Bullish
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PTX Metals Inc. completed further closings of its private placement, issuing over 32.7 million flow-through shares and nearly 15 million hard dollar units, raising more than CAD 5.7 million in total. The funds will support general corporate expenses and exploration activities on its Ontario projects, including the W2 copper-nickel-PGE and Shining Tree Gold projects. The company also announced an increase in the financing size, pending TSXV approval, to up to CAD 5.2 million for flow-through shares and CAD 2.25 million for hard dollar units. These efforts aim to advance PTX's mineral exploration in a stable mining jurisdiction rich in critical minerals.

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