– CANADA, Newmarket – Platinex Inc. (CSE: PTX | FRA: 9PX) today announced the appointment of Christophe Vereecke to its Board of directors as a nominee of Treasury Metals Inc. resulting from the recent sale of mining claims that are located adjacent to the Shining Tree property, and royalties whereby Treasury became an equity holder of 12.5 million shares and 5 million warrants.
The acquisition by Platinex has created the largest combined gold-focused property package in the Shining Tree District, Northern Ontario. The Shining Tree property is located on 21km of the Ridout-Tyrrell Deformation Zone which also hosts both IAMGOLD’s Côté Gold gold deposit and Aris Gold’s Juby deposit.
“The acquisition of Treasury’s claims substantially increased the size of Platinex’s Shining Tree holdings abutting the Aris Gold-Juby project and the IMETALS properties. We appreciate the support of Treasury’s nomination and involvement of Christophe as we commence drilling in Shining Tree camp.” said CEO, James Trusler.
About Christophe Vereecke
Mr. Vereecke is a businessman and entrepreneur based in Paris, with a background in finance, oil and gas, mine royalties, and renewable energy (post-mining). As an entrepreneur, he has been involved in the startup of several businesses including co-founder and former chief financial officer of Business Oil Platform, a physical oil trading, and logistics company operating in Central and Eastern Europe. Mr. Vereecke’s current investment firm specializes in private fund management focused on the extractive industry, mine royalties, precious metals, and the diamond markets. He is currently a director of Treasury Metals Inc. since 2015.
Mr. Vereecke holds a GG (Graduate Gemologist) from the GIA in the USA and an MBA 2 from Financial Business School in France.
About Platinex Inc.
Platinex is focusing its efforts on the exploration of its property in the Shining Tree District. Platinex has created the largest combined gold-focused property package in the Shining Tree District, northern Ontario, which has received little modern exploration compared to other gold camps in the Abitibi Greenstone Belt. Shares of Platinex are listed for trading on the Canadian Securities Exchange under the symbol “PTX”.
For more information: https://platinex.com/
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