PTX

Platinex Inc. (TSX VENTURE:PTX) announced today that it has completed a
non-brokered private placement of 1,050,000 working capital units at $0.02 per
unit, to raise $21,000. Each working capital unit comprised one common share and
one warrant.


Each whole warrant is exercisable for a common share of Platinex at an exercise
price of $0.05 on or before September 30, 2014 and thereafter at an exercise
price of $0.10. The warrants expire on September 30, 2015; provided that if the
average closing price of Platinex's common shares is over $0.15 per share for 20
consecutive trading days ending more than four months after the closing of this
offering, Platinex may give written notice to the holders of the warrants
changing the expiry date to a date which is not less than 30 days following that
written notice.


The proceeds of the working capital units will be used for working capital
specifically to include in approximate amounts: $7,000 for arms length accrued
administrative charges and go forward costs for September through December, 2013
of $2,000 for fees, licences and dues, $2,000 for transfer agent fees, $2,000
for travel expenses, $3,000 for phone and internet, and $1,000 for each of press
releases, office supplies, storage, legal fees and computer maintenance.


The units issued today include 300,000 units issued to an insider of Platinex.
The securities issued in this closing are subject to a four month hold period
which expires on February 1, 2014. Following completion of this closing, there
are approximately 52,009,326 issued and outstanding common shares of Platinex.


For the purposes of this release James R. Trusler P.Eng. is considered the
Qualified Person.


About Platinex Inc.

Platinex has revealed strong evidence of a major gold bearing zone on its
Shining Tree property as evidenced by a provincially significant extraordinarily
high gold content of soil samples along a nine km long corridor. In addition to
locating and defining the source of the gold anomaly, Platinex is drill
targeting the Herrick gold deposit with 66 holes drilled to date and the down
dip continuation of the Ronda Mine workings. Platinex intends to finance the
work on the Shining Tree property through a large bond offering which is in
distribution on a best efforts basis (Press Release March 1, 2013). Platinex's
management team are leaders in the exploration and development of Platinum Group
Elements (PGE's) in North America. Shares of Platinex are listed for trading on
the TSX Venture Exchange under the symbol "PTX".


To receive Company press releases, please email lparadis@platinex.com and
mention "Platinex press release" on the subject line.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Platinex Inc.
James R. Trusler
President and CEO
905-470-6400
jtrusler@platinex.com
www.platinex.com

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