CANEX Metals Inc. is pleased to announce it has closed the first tranche of its previously announced non-brokered private placement consisting of 2,444,445 common shares at a price of $0.045 per common share and 4,616,665 flow-thru common shares at $0.06 per common share for gross proceeds of $386,999.92. The second and final tranche of the private [...]
CANEX Metals Inc. is pleased to announce that due to strong shareholder demand the Company has increased its previously announced non-brokered private placement and will now offer up to 3,000,000 common shares and up to 5,250,000 flow-through common shares for gross proceeds of up to $450,000. Common Shares will be offered at $0.045 and FT Shares [...]
CANEX Metals Inc. is pleased to announce a measured financing intended primarily to fund exploration work at the Louise copper-gold porphyry system in British Columbia. The Louise porphyry hosts a copper-gold deposit that has been drill defined over an area 1000 meters long by 400 meters wide and to approximately 300 meters depth. Strong grades [...]
CANEX Metals Inc. is pleased to present drill data compilation results from the Louise Cu-Au Porphyry project in British Columbia. Highlights: Historic drilling has identified a mineralized zone that is 1000 metres long by 400 metres wide and currently extends to a depth of approximately 300 metres. Strong copper and gold grades occur in the system [...]
CANEX Metals Inc. is pleased to announce surface sampling results from the Gold Range Project in Arizona. Gold Range Surface Exploration CANEX successfully completed a surface exploration program at the Gold Range Project in Arizona in March, collecting 151 surface rock and soil samples from across the property with detailed mapping completed at [...]
CANEX Metals Inc. announces that further to its news release dated March 5, 2024, it has received TSX Venture Exchange approval for the option of the Louise copper-gold porphyry deposit in British Columbia and a surface mapping and sampling program at the Gold Range Project in Arizona has been successfully completed. Louise Option Approved The [...]
CANEX Metals Inc. and its 100% owned Arizona subsidiary CANEXCO Inc. are pleased to announce that an exploration permit amendment has been accepted for the Gold Range Project, Arizona, and a surface exploration program will commence in March. Highlights An amended exploration permit has been accepted for the Gold Range Project allowing additional [...]
CANEX Metals Inc. is pleased to announce that it has entered into an option agreement on an advanced copper-gold porphyry deposit in British Columbia with excellent exploration upside. Highlights CANEX has entered into a low up front cost option agreement to earn a 100% interest in the Louise copper-gold porphyry in British Columbia. The project is [...]
CANEX Metals Inc. and its 100% owned Arizona subsidiary CANEXCO Inc. are pleased to announce the completion of the Excelsior Mine Property purchase and provide a summary of 2023 Exploration at the Gold Range Project, Arizona. Excelsior Mine Property Purchase Terms The Company has completed the purchase of a 100% interest in the Excelsior Mine [...]
CANEX Metals Inc. and its 100% owned Arizona subsidiary CANEXCO Inc. are pleased to announce that the terms of the Excelsior Mine Property option agreement have been amended. The Excelsior Mine Property consists of 11 lode mining claims and 2 patented mining claims covering 3 past producing historic gold mines, located within the Company's larger [...]
CANEX Metals Inc. is pleased to announce results from 19 reverse circulation drill holes from multiple targets across the Gold Range Project, Arizona. This drilling has intersected strong gold mineralization within the Excelsior Zone and demonstrates a new area with good gold potential at East Excelsior, located immediately east of Excelsior [...]
CANEX Metals Inc. is pleased to report that at its Annual & Special Meeting, held on May 26, 2023, Shane Ebert, Jean-Pierre Jutras, Lesley Hayes, Gregory Hanks and Blair Schultz were re-elected to the Board of Directors. Shareholders also approved fixing the number of directors at five, the appointment of BDO Canada LLP as Auditors and ratified [...]
