James Richard Trusler, CEO, Director and 10% Holder, acquired 3,045,000 Common Shares on a direct ownership basis at a price of $0.050 through a private transaction on November 15th, 2017. This represents a $152,250 investment into the company's shares and an account share holdings change of 77.7%.
At the same price on the same day, Scarrow Mark, a Director, acquired 1,000,000 Common Shares on a direct ownership basis through a private transaction on November 15th, 2017. This represents a $50,000 investment into the company's shares and an account share holdings change of greater than 100%. In addition, Lorne Donald Burden, a Director, acquired 80,000 Common Shares on a direct ownership basis. This represents a $4,000 investment into the company's shares and an account share holdings change of greater than 100%.
Platinex is in the Gold Sub Industry Group under the Basic Materials Sector.
Platinex Inc. is an exploration and evaluation-stage company. The Company is engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Its properties include Shining Tree Gold Property, Herrick Deposit, Nabish Lake and South McFaulds. The Company holds interest in approximately 140 claims (over 5,680 acres) in Shining Tree Gold Property, situated in Churchill, MacMurchy and Asquith Townships in Ontario. The Nabish Lake nickel-copper-Platinum-group element (Ni-Cu-PGE) property is located approximately 20 kilometers south of the Town of Dryden, Ontario. The property comprises over 90 claim units covering approximately 1,500 hectares of the Nabish Lake mafic intrusive complex. The South McFaulds property is located over 20 kilometers southwest of Eagle One and Double Eagle nickel-copper-PGE and Blackbird chromitite discoveries and comprises approximately 30 claim units in a claim block covering approximately 1,200 acres.
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