---
title: "PTX Metals increases size of private placement to $5.5M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282692138.md"
description: "PTX Metals has increased its non-brokered private placement from $3M to $5.5M. The offering includes flow-through common shares at $0.125 each and units at $0.11, with each unit comprising one common share and a warrant. The warrants can be exercised at $0.18 for 36 months and may be accelerated if the share price exceeds $0.40 for 20 consecutive trading days. Proceeds will fund corporate expenses and Canadian exploration costs."
datetime: "2026-04-14T12:33:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282692138.md)
  - [en](https://longbridge.com/en/news/282692138.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282692138.md)
generator: "portal-rs"
---

# PTX Metals increases size of private placement to $5.5M

PTX Metals (PTX:CA) announced on Tuesday that it has increased the size of its previously announced non-brokered private placements from up to $3M to up to $5.5M. As set forth in its earlier press release, the company proposes to complete both an offering of flow-through common shares (“FT Shares”) at $0.125 per FT share and units of the company at...

### Related Stocks

- [MTX.US](https://longbridge.com/en/quote/MTX.US.md)
- [PHX.US](https://longbridge.com/en/quote/PHX.US.md)

## Related News & Research

- [Minerals Technologies (NYSE:MTX) Updates Q3 2026 Earnings Guidance](https://longbridge.com/en/news/294535374.md)
- [Minerals Technologies Q2 FY26 adjusted operating income falls 6% to $75 million; sales rise 4% to $548 million](https://longbridge.com/en/news/294529790.md)
- [MetLife (MET) Faces Q2 Valuation Questions, Is The Stock Fully Priced?](https://longbridge.com/en/news/296681411.md)
- [HBK Sorce Advisory LLC Makes New Investment in MetLife, Inc. $MET](https://longbridge.com/en/news/296088728.md)
- [MetLife Declares Third Quarter 2026 Preferred Stock Dividends | MET Stock News](https://longbridge.com/en/news/296142723.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**