Green Canada Corporation Announces Closing of Private Placement

Group 1: Company Overview - Green Canada Corporation (GCC) is a 50.73% owned subsidiary of PTX Metals Inc. (PTX) and has recently closed the first tranche of a $500,000 private placement, raising $308,000 by issuing 2,369,230 common shares at $0.13 per share [1][2] - GCC 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, with its flagship Marshall Project located near significant uranium deposits [3] - 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 [4][5] Group 2: Financial Details - The net proceeds from the private placement are intended for general working capital and corporate purposes [2] - The common shares issued are subject to a statutory hold period of four months and one day from the closing date [2] Group 3: Strategic Positioning - PTX's asset portfolio includes valuable metals such as gold and essential critical minerals for the clean energy transition, strategically acquired for their geological advantages and proximity to established mining companies [5] - PTX is based in Toronto, Canada, and is listed on multiple exchanges, including TSXV, Frankfurt, and OTCQB, enhancing its visibility and investment opportunities [6]