Commonwealth University president to step down, take new role in PASSHE
Pa. (WETM) – Commonwealth University President Dr. Bashar W. Hanna has announced that he will be stepping down from his position at the university at the end of July and assuming a new position with the Pennsylvania State System of Higher Education (PASSHE).
On Tuesday, April 29, the university released a statement disclosing that Hanna will step down from his position as president of the university on July 31, 2025, to take on a new role as vice chancellor for strategic initiatives for PASSHE.
No confidence shown from faculty, coaches toward Commonwealth University president after vote
In his announcement, Hanna highlighted his time serving as the first president of Commonwealth University, which was established in 2022 following the integration of Bloomsburg, Mansfield and Lock Haven universities.
'Serving as your president has been the greatest honor of my professional life,' Hanna said. 'Together, we have laid a strong foundation for Commonwealth University's future, and I look forward to seeing CU continue to thrive.'
Commonwealth University faculty, coaches, to take no-confidence vote on university president
Additionally, Hanna expressed gratitude and excitement to continue supporting public higher education across Pennsylvania in his new role with PASSHE.
'This new opportunity is both humbling and exciting-a chance to bring the lessons we've learned together at Bloomsburg, Lock Haven and Mansfield to a broader stage,' Hanna said. 'It's an opportunity to help shape the future of higher education across the Commonwealth, advancing innovation, sustainability, and above all, student success.'
In the release from the university, it was noted that Hanna led the integration of the three universities into Commonwealth University, making it the most affordable State System institution, improving graduation rates, narrowing equity gaps and securing record-breaking philanthropic support.
CU-Mansfield online fundraiser raises over $80K to support students
During his time as president, funding for the Bloomsburg University Foundation nearly doubled to $90 million and the Mansfield University Mountaineer Foundation was launched. In addition, the university as a whole hit a major milestone by raising $88 million toward its ongoing multi-year $100 million comprehensive campaign goal.
Hanna is set to begin his new role with PASSHE on Aug. 1, 2025.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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The highest grades by individual commodity in the two holes combined include: 1.80% copper, 0.74% nickel, 0.52 g/t gold, 1.05 g/t palladium and 0.55 g/t platinum and Cobalt 0.15% Drillhole W225-08 Drillhole W225-12 Table 1: Selected Results from drill holes W225-08 and W225-12. Intervals reported as core lengths. True widths are unknown at this time. To view an enhanced version of this graphic, please visit: Historical drilling was selective in assaying for all commodities and selective sampling procedures occurred. As a result, the Company has systematically assayed for Copper, Nickel, Gold, Palladium, Platinum and Cobalt and is now not reporting using Metal Equivalents and seen substantial improvements in the widths of mineralization with these practices. Additionally, for simplification purposes, Cu+Ni (%) and Au+Pt+Pd (g/t) are reported below as the arithmetic sum of individual commodity per interval chosen. Individual grades by commodity are also shown in table 1. Drill hole Analysis and Images: Drillhole W225-08, drilled into the CA1 Zone, was designed to infill and as a step out of hole 54004-0 drilled by Inco to the south, which reported some of the highest copper grade on the property [1] and a wide interval of consistent Nickel grade. The target was successfully intercepted starting from surface below the overburden at 26.95m depth and with 97.05m of mineralization within the main interval. Drilling has confirmed the presence of high-grade copper in multiple intervals above 1% Cu with up to 1.80% Cu and Nickel ranging between 0.20% and 0.70% within the mineralized interval as reported in Table 1 and in Figure 2. Drillhole W225-12 was designed to infill and as a step out of 130m to the east of W225-11 previously reported on May 27th, 2025. Both of PTX's holes showed not only higher-grade intervals but also a significant amount of palladium and platinum, where high-grade of 1.05g/t Pd was assayed in hole W225-12. 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To view an enhanced version of this graphic, please visit: High-grade individual commodity intersections within drill Hole W225-08 include: 1.53% Copper over 1.10 m from 50.85 m to 51.95 m 0.69% Nickel over 1.00 m from 43.00 m to 44.00 m 0.32 g/t Gold over 1.00 m from 114.00 m to 115.00 m 0.15 g/t Platinum over 0.57 m from 116.82 m to 116.82 m 0.41 g/t Palladium over 0.50 m from 137.94 m to 138.44 m 0.15 % Cobalt over 0.50 m from 64.50 m to 65.00 m High-grade individual commodity intersections within drill Hole W225-12 include: 1.80% Copper over 0.55 m from 105.61 m to 106.16 m 0.71% Nickel over 0.72 m from 99.33 m to 100.05 m 0.52 g/t Gold over 1.00 m from 56.00 m to 57.00 m 1.05 g/t Palladium over 1.00 m from 70.00 m to 71.00 m 0.55 g/t Platinum over 0.57 m from 102.91 m to 103.48 m 0.09 % Cobalt over 0.75 m from 102.16 m to 102.91 m Table 2: Drill Hole Collar Information Datum used in UTM NAD83 Z16N. DRILL OLE Easting Northing Elev (m) Azimuth Dip Length (m) W225-08 459,696 5,813,155 246 180 -55 146.00 W225-12 462,556 5,812,549 242 225 -55 159.00 [1] Data from historical drillhole were referred from a NI 43-101 report titled "NI 43-101 Updated Technical Report on the W2 Copper-Nickel-PGE Property" authored by I.A. Osmani et al., effective on September 4th, 2024. QAQC: Samples (NQ core diameter = 4.76 cm) were cut using a diamond blade saw, inserted into labeled bags, and delivered by representatives of PTX to Activation Laboratories Ltd. in Thunder Bay, Ontario. Activation Laboratories Ltd. is an ISO 17025:2005 accredited testing laboratory. Samples were analyzed for Au, Pt, and Pd using the lead fire-assay 1C-OES package, and multi-element analysis was completed by near-total digestion (four-acid) with an ICP-OES finish (1F2 package). For over-range samples (Cu, Ni) over 1% Cu or Nickel, the 8-4 Acid Near Total ICP-OES method was utilized. PTX inserted standards and blanks and performs duplicate analysis as part of its QA/QC program. Activation Laboratories also performs an internal QA/QC program which includes the insertion of CRM's, blanks, sample repeats, and duplicate samples. Qualified Person: The technical information presented in this news release has been reviewed and approved by Joerg Kleinboeck, P. Geo., a non-independent qualified person to PTX Metals who is responsible for ensuring that the related technical information provided in this news release is accurate and who act as a "qualified person" (QP) as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. About PTX Metals Inc.: PTX is a mineral exploration company focused on high-quality strategic metals assets in northern Ontario, allowing exposure for shareholders to Copper, Gold, Nickel, and PGEs discovery. The Province of Ontario is renowned as a first-class mining jurisdiction for its abundance of mineral resources and safe jurisdiction. Our corporate objective is to advance our assets, and unveil the potential of two Flagship Projects, the W2 Cu-Ni-PGE located in the strategic Ring of Fire region, and the Shining Tree Gold Project neighbor to multi-million ounces gold deposits in the Timmins Gold Camp. PTX's portfolio of assets was strategically acquired for their geologically favorable attributes, and proximity to established mining companies. PTX is based in Toronto, Canada, with a primary listing on the TSX under the symbol PTX. The Company is also listed in Frankfurt under the symbol 9PF and on the OTCQB in the United States as PANXF. For additional information on PTX, please visit the Company's website at For further information, please contact: Greg Ferron, President and Chief Executive Officer Phone: +1 (416) 270-5042 Email: gferron@ Forward-Looking Information: This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information, including statements regarding the ability of the Company to satisfy the regulatory, stock exchange and commercial closing conditions of Private Placement, and the potential development of mineral resources and mineral reserves which may or may not occur. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and general economic and political conditions. Forward looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary approvals, including governmental and regulatory approvals, will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by applicable laws. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the Company's public filings available under the Company's profile at This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
