PTX Metals' Subsidiary, Green Canada Corporation Announces Closing of Private Placement

Company Overview - Green Canada Corporation (GCC) is a 50.73% owned subsidiary of PTX Metals Inc. (PTX) and focuses on uranium mineral properties in Canada, particularly in the Athabasca Basin of Saskatchewan, Baker and Amer Basins in Nunavut, and Otish Basin in Quebec [5] - PTX Metals Inc. is engaged in minerals exploration, emphasizing high-quality critical mineral projects, including the W2 Copper Nickel PGE Project and South Timmins Gold Joint Venture Project in northern Ontario [6][7] Financial Activities - GCC has closed the first tranche of a $500,000 private placement, issuing 2,369,230 common shares at a price of $0.13 per share, resulting in proceeds of $308,000 [1] - The net proceeds from the private placement are intended for general working capital and corporate purposes [2] Stock Options - PTX granted 7,725,000 incentive stock options to certain directors, officers, and consultants, allowing them to acquire common shares at a price of $0.14 per share until January 19, 2031 [3] - During the year ending December 31, 2025, and in January 2026, 3,750,000 options expired [4]