Platinex Inc. (CNSX:PTX) acquired major claim package of W2 Copper-Nickel-PGE Project for CAD 0.17 million on January 17, 2024. As per the terms, Platinex Inc. (CNSX:PTX) paid CAD 0.03 million and issued 3 million Platinex shares to Gungnir. The Platinex shares were issued at a deemed price of $0.05 and are subject to the standard 4-month and a day hold period. Platinex has also granted Gungnir a 2% net smelter returns royalty on the 19 claims (the 'Royalty Interest'), which the Company may repurchase 1% for CAD 0.5 million.

Platinex Inc. (CNSX:PTX) completed the acquisition of major claim package of W2 Copper-Nickel-PGE Project on January 17, 2024.