Platinex Inc.
TSX VENTURE : PTX

Platinex Inc.

March 06, 2009 08:00 ET

Platinex Issues Shares for Services

TORONTO, ONTARIO--(Marketwire - March 6, 2009) - Platinex Inc. (TSX VENTURE:PTX), a Canadian exploration company, announced today that it has issued 128,205 common shares at a deemed value of $0.065 per share as payment for lobbyist services provided by Blackstone Canada. The shares are subject to a hold period expiring on July 7, 2009.

About Platinex Inc.

Platinex is a Toronto based exploration company. Platinex focuses on carefully selected Platinum Group Element targets in settings analogous to the Merensky and UG2 reefs (Bushveld Complex, RSA) and the JM reef (Stillwater Complex, Montana) and opportunistic acquisition and exploration of other selected precious metal targets. Platinex is determined to find platinum sources to be used in the campaign to eliminate the threat of global warming. Shares of Platinex are listed for trading on the TSX Venture Exchange under the symbol "PTX".

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FORWARD-LOOKING STATEMENTS:

Except for statements of historical fact, all statements in this news release - including, without limitation, statements regarding future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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