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PANXF / Platinex announces joint venture with Fancamp to develop Ontario gold assets including $2.5M equity financing

Platinex announces joint venture with Fancamp to develop Ontario gold assets including $2.5M equity financing
Platinex Inc. (CSE:PTX) told investors it has entered into a binding heads of agreement with Fancamp Exploration Ltd to advance the exploration and development of some of their gold mineral properties in the Timmins mining camp in Ontario.  The company noted that the transaction includes several components, under which the two parties will transfer certain mining properties to South Timmins Mining (Goldco), currently a 100% wholly-owned subsidiary of Platinex, and enter into a shareholders' agreement for the operations of Goldco. Read More
Posted: Feb 6 2023, 12:41
Author Name: Proactive Investors
Views: 102279

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Platinex announces joint venture with Fancamp to develop Ontario gold assets including $2.5M equity financing

By Proactive Investors
February 6, 2023

Platinex announces joint venture with Fancamp to develop Ontario gold assets including $2.5M equity financing

Platinex Inc. (CSE:PTX) told investors it has entered into a binding heads of agreement with Fancamp Exploration Ltd to advance the exploration and d more_horizontal


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