PTX Metals Inc. Announces First Closings of Private Placement

Toronto, Ontario--(Newsfile Corp. - April 23, 2026) - PTX Metals Inc. (TSXV: PTX) ("PTX" or the "Company") is pleased to announce the first closing (with additional closings anticipated to be completed today and next week) of its previously disclosed non-brokered private placement of hard dollar units and flow-through shares (see news releases dated April 8, 2026 and April 14, 2026) raising gross proceeds of $3,066,549. Under the first closings the Company issued a total of 22,076,000 flow-through shares ("FT Shares") at a price of $0.125 per FT Share for aggregate gross proceeds of $2,759,500, and a total of 4,427,727 hard dollar units ("HD Units") at a price of $0.11 per HD Unit for aggregate gross proceeds of $487,049.97.