Announcement • Apr 09
PTX Metals Inc. announced that it expects to receive CAD 3 million in funding PTX Metals Inc. announced a non-brokered private placement of 13,636,363 HD Units at a price of CAD 0.11 for gross proceeds of CAD 1,499,999.93 and a concurrent private placement of 12,000,000 flow through shares at a price of CAD 1,500,000 on April 8, 2026. The company will raise total aggregate gross proceeds of CAD 2,999,999.93 from both the offerings. The company has arranged and confirmed participation from several substantial investors. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each Warrant is exercisable to acquire one additional Common Share at a price of CAD 0.18 for a period of 36 months from the date of issuance. No fractional Warrant Shares will be issued, and no cash or other consideration will be paid in lieu of fractional shares. The Warrants will be subject to an acceleration provision, whereby the Company may accelerate the expiry date of the Warrants if the closing price of the Company's Common Shares on the TSX Venture Exchange (the "TSXV") is at or above CAD 0.40 for more than twenty consecutive trading days, in accordance with the terms of the Warrants. The Units and FT Shares offered and sold pursuant to the Offering will be subject to a statutory hold period in Canada of four months and one day after the Closing Date. The closing of the Offering (the "Closing") may occur in multiple tranches, with the first Closing expected to occur on or about April 14, 2026. The closing of the Offering is subject to certain conditions, including applicable regulatory approvals and acceptance by the TSXV. Insiders of the Company may participate in the Offering. In connection with the Offering (as permitted by the policies of the TSXV), eligible finders may be paid a cash amount equal to 7% of the gross amount raised by finders. In addition, a number of finder warrants equal to 7% of the number of Units and FT Shares issued pursuant to the Offering may be issued to eligible finders. Each Finders Warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.125 (subject to adjustment) for a period of two years following the issuance of the Finders Warrants. The Finders Warrants will be subject to a statutory hold period in Canada of four months and one day after the issuance of the Finders Warrants. New Risk • Mar 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$24.4m market cap, or US$17.8m). Announcement • Jan 29
PTX Metals Inc., Annual General Meeting, Mar 26, 2026 PTX Metals Inc., Annual General Meeting, Mar 26, 2026. Location: ontario, toronto Canada 
