Platinex Appoints Two New Directors and Grants Stock Options

Platinex Inc. (TSX VENTURE:PTX) is pleased to announce the appointment of two
new directors to its board: Walter Henry and Tom Hussey. 


Walter Henry, is a Chartered Financial Analyst and President and CEO of
Frontline Gold Corp. and Chairman of Alturas Minerals Corp. Mr. Henry has
previously held the positions of Vice-President, Finance and Chief Financial
Officer of Royal Nickel Corp.; CFO for Juno Special Situations Corp, Alturas
Minerals Corp. and Tiberon Minerals Ltd.; Manager at CIBC World Markets; and
Assistant Vice President, Mining and Infrastructure, within the Financial
Advisory Services Group of PWC Securities Inc. Mr. Henry is a Director of
Frontline Gold Corp., Merrex Gold Inc., Alturas Minerals Corp., Consolidated
Westview Resource Corp., Satori Resources Inc. and Alexandria Minerals
Corporation all TSX Venture listed companies.


Mr. Henry has extensive experience in the areas of International Project
Financing, Capital Markets Financing, Commercial Bank Financing, Financial
Reporting, Controls and Taxation Matters, Treasury and Financial Risk Management
and Public Corporation Investor Relations. Mr. Henry is a member of the
Institute of Corporate Directors (ICD) and received the ICD.D designation in May
2010. Mr. Henry is an associate member of IMR/Toronto Society of Financial
Analysts and an associate of the Institute of Canadian Bankers.


Tom Hussey, CPA, CA is currently CFO of N-Dimensions Solutions Inc., and CFO and
a director of Frontline Gold Corp. He has been a member of the Canadian
Institute of Chartered Accountants for over 40 years and is a KPMG LLP alumnus.
Over the last 30 years, Mr. Hussey has held senior positions, including CFO, in
many companies in the packaging industry and recently retired as Executive VP &
CFO of a global equipment manufacturer. Mr. Hussey was also the CFO of
Wallbridge Mining Company prior to and after the company's initial public
offering.


Mr. Hussey is currently a member of the board of directors and chairman of the
audit committee of Miocene Metals Inc., a company listed on the TSX-V. He has
also been and is currently a member of the board of directors of many
organizations in both private companies and not-for-profit organizations.


Platinex Inc. (TSX VENTURE:PTX) announced that it has granted stock options to
purchase 1,600,000 common shares at $0.05 per share. The options will expire on
May 21, 2019.


Conditional on TSX-V approval, 1,500,000 options were granted to the following
directors and officers of Platinex:




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James Trusler                  Director & CEO              250,000         
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Bruce Reilly                   Director & CFO              250,000         
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Joanna Perrin                  Director & VP               250,000         
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Walter Henry                      Director                 250,000         
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Tom Hussey                        Director                 250,000         
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Lorne Burden                      Director                 250,000         
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Pursuant to the grant of these options, a total of 4,180,000 options are
outstanding under Platinex' Stock Option Plan and at this time, 1,020,933
options remain available for issuance. Platinex has outstanding 52,009,326
shares and giving consideration to this option issuance 57,239,326 shares on a
fully diluted basis.


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 bond offering which is in
distribution on a best efforts basis (Press Release March 1, 2013). Platinex's
management team is a leader 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
Platinex Inc. (TSXV:PTX)
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