Platinex remains in Bizarro World( see Superman comics) Platinex "rights" to 57, 400 acres on KI lands are imaginary.

Platinex Supports Go Green Ontario Initiative

TORONTO, July 18 /CNW/ - Platinex Inc. (TSX.V:PTX) today announced its support for the Ontario Government initiative to create a protected area in the boreal forest north of 51 degrees latitude and provide local First Nations with more capacity to participate in exploration and development of the non-protected portion of the area, as part of Go Green Ontario (www.gogreenontario.ca).

James R Trusler, President and CEO of Platinex Inc. stated, "Platinex holds some 57,400 acres in the McFaulds Lake-Big Trout Lake Belt which is starting to look like a huge nickel, chromium, platinum group element bearing structure. We are one of the larger land holders in the area and providing an environment to allow parties to partner cooperatively is something that Platinex has advocated for a long time. This announcement appears to promise the first step."

About Platinex Inc.

Platinex is a Canadian exploration company based near Toronto. Platinex focuses on carefully selected Platinum Group Element targets in settings analogous to the JM reef (Stillwater Complex, Montana) and the Merensky and UG2 reefs (Bushveld Complex, RSA). 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.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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/For further information: Platinex Inc., James R. Trusler, President & CEO, Tel: (905) 727-9046, Email: jim@platinex.com; CHF Investor Relations, Cathy Hume, CEO, Tel: (416) 868-1079 ext. 231, Email: cathy@chfir.com/
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