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Platinex hires CHF Investor Relations

Platinex hires CHF Investor Relations.

articlePtx Metals IncDecember 1, 20054/company/ptx-metals-inc/news/platinex-hires-chf-investor-relations
Platinex hires CHF Investor Relations

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[{"type":"text","content":"\n\n\n\n\nTORONTO, Dec. 1 /CNW/ - Platinex Inc. (PTX:TSX Venture) today announced\nthat CHF Investor Relations (Cavalcanti Hume Funfer Inc.) of Toronto and\nCalgary, Canada's longest-established and most respected IR firm, has been\nselected as the Company's investor relations counsel.\nCommencing December 1st, CHF will provide investor relations services for\nan initial period of six months ending May 31, 2006. Thereafter, cancellation\nby either party requires three months' notice. Investor relations services\nwill require a monthly fee of $6,000 plus disbursements. CHF will receive\nincentive stock options in the amount of 2% of the outstanding shares, priced\nin the context of the market, and subject to Board and regulatory rules and\napprovals.\nJames R. Trusler, President and CEO, stated \"Having achieved our TSX\nVenture listing, we at Platinex can now focus our principal energies on\ndeveloping our projects and be more comfortable knowing that we have the\nexpertise of CHF Investor Relations behind us to maintain and build strong\ncommunications with our shareholders and the investment community.\"\n\nAbout CHF Investor Relations\nCHF Investor Relations, an established, results-driven firm, offers\npremium IR service to an international portfolio of client companies \noperating in a broad range of industries including mining, oil and gas,\nenergy, high-tech and software environmental and special situations. CHF\nprovides comprehensive and proactive IR representation through their offices\nin Toronto and Calgary to a Canadian audience. For more information, please\nvisit their website at www.chfir.com.\n\nAbout Platinex Inc.\nPlatinex is a Canadian exploration company based near Toronto. Previously\nannounced on November 28, 2005, the Company is in an agreement to acquire 100%\ninterest in 81 mining leases at Big Trout Lake, Ontario, from Inco Limited.\nPlatinex focuses on carefully selected Platinum Group Element targets in\nsettings with potential for the discovery of multi-million-ounce deposits,\nanalogous to the JM reef, the Merensky reef and the UG2 reef (each of which\ncontain resources of PGEs in the tens or hundreds of millions of ounces).\nShares of Platinex became listed for trading on the TSX Venture Exchange on\nNovember 4, 2005, under the symbol PTX. The Company has 11,991,796 shares\noutstanding.\n\nForward...

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