PTX Metals Inc. Announces Final Closings of Private Placement

Toronto, Ontario--(Newsfile Corp. - May 14, 2026) - PTX Metals Inc. (TSXV: PTX) ("PTX" or the "Company") is pleased to announce the final closings of its previously disclosed non-brokered private placement of hard dollar units and flow-through shares (see news releases dated April 8, 2026, April 14, 2026, April 23, 2026, April 27, 2026 and April 30, 2026). Under the most recent closings the Company issued a total of 8,200,000 flow-through shares ("FT Shares") at a price of $0.125 per FT Share for aggregate gross proceeds of $1,025,000 and a total of 2,499,544 hard dollar units ("HD Units") at a price of $0.11 per HD Unit for gross proceeds of $274,949.84, bringing the total number of FT Shares issued to date to 40,950,000 for total gross proceeds of $5,118,750 and the total number of HD Units to 17,472,723 for total gross proceeds of $1,921,999.53 In addition, to date the Company has paid a total of $367,766.00 in finders fees and issued a total of 2,934,775 finder warrants ("Finder Warrants") to eligible finders.