Carmax Mining is pleased to announce that it closed on July 9, 2014 the second and last tranche of the non brokered private placement of 24,000,000 units. The last tranche was oversubscribed by 660,000 units. All units were placed at a price of $0.05 per unit giving rise to the Company raising gross proceeds of $1,233,000. Each unit placed [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 3, 2014) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM) is pleased to announce plans for a comprehensive summer exploration program on its Eaglehead property located in northern British Columbia. The program will include line cutting, ground geophysics, metallurgical testing, core relogging [...]
Carmax Mining is pleased to announce that it has closed the first tranche of a private placement of 20,000,000 units to 1001195 B.C. Ltd., a wholly owned subsidiary of Copper Fox Metals created specifically for the purpose of holding Copper Fox's interests in Carmax as those interests will evolve in a future relationship established for the purpose [...]
Carmax Mining is pleased to announce that yesterday shareholders approved the company's proposed private placement of 20,000,000 units to Desert Fox Copper the result of which will be the creation of a new control block of shares owned and controlled by Desert Fox, a wholly owned subsidiary of Copper Fox Metals. Copper Fox is a Canadian resource [...]
Carmax Mining is pleased to announce that it has entered into a Subscription Agreement with Desert Fox Copper, a wholly owned subsidiary of Copper Fox Metals, whereby Desert Fox will subscribe, via a non-brokered private placement, for 20,000,000 units of Carmax for an aggregate subscription price of CDN$1,000,000. Units will be subscribed for at a [...]
Carmax is pleased to announce that planning is underway for the 2013 field season on the Eaglehead property. It is anticipated that work will focus on following up on the very positive drill results from 2011, and on the NI 43-101 Mineral Resource announced in 2012. The Inferred Mineral Resource estimate totals 102.5 million tonnes at an average [...]
Carmax Mining Corp. is pleased to announce that a four-person team will be visiting the Dominican Republic this week to perform an initial site inspection and reconnaissance of the two concessions, La Angostura and El Rio. Additional objectives for the team include establishing legal representation in the country and meeting with various government [...]