CANEX Metals Inc. is pleased to announce that it has closed its first tranche of its previously announced non-brokered private placement for 16,292,500 shares at a price of $0.10 per Common Share for gross proceeds of $1,629,500. The shares were offered on a non-brokered basis by way of private placement to accredited investors and the securities [...]
CANEX Metals Inc. is pleased to report that at its Annual & Special Meeting, held on December 23, 2020, Shane Ebert, Jean-Pierre Jutras, Lesley Hayes and Gregory Hanks were re-elected to the Board of Directors. Shareholders also approved fixing the number of directors at four, the appointment of BDO Canada LLP as Auditors and ratified Canex's stock [...]
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 17,000,000 shares at a price of $0.10 per Common Share for gross proceeds of up to $1,700,000. The shares will be offered on a non-brokered basis by way of 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 10,000,000 shares at a price of $0.10 per Common Share for gross proceeds of up to $1,000,000. The shares will be offered on a non-brokered basis by way of private [...]
CANEX Metals Inc. is pleased to announce a non-brokered private placement of up to 6,500,000 shares at a price of $0.10 per Common Share for gross proceeds of up to $650,000. The shares will be offered on a non-brokered basis by way of private placement to accredited investors and any securities issued will be subject to a hold period of four [...]
CANEX Metals Inc. is pleased to announce assay results for holes GR20-10 to 14 from the recent reverse circulation drilling program at the Company's Gold Range Project, Arizona. Highlights Hole GR20-13 intersected 0.6 g/t gold over 21.3 metres including 1.2 g/t gold over 7.6 metres starting 10.7 metres downhole. Hole GR20-9 located 150 metres west [...]
CANEX Metals Inc. is pleased to announce assay results for holes GR20-6 to 9 from the recent reverse circulation drilling program at the Company's Gold Range Project, Arizona. Highlights Drilling at the western side of the Eldorado Target has discovered a new zone of disseminated gold mineralization. Results include 0.9 g/t gold over 27.4 metres [...]
CANEX Metals Inc. is pleased to announce assay results for holes 1 to 5 from the recent reverse circulation drilling program at the Company's Gold Range Project, Arizona. Highlights Drilling at the Pit Extension Zone has returned 10 g/t gold over 1.52 metres within a wider zone of 5.9 g/t gold over 4.57 metres. The above intercept fits well with [...]
CANEX Metals Inc. is pleased to announce surface assay results from Trench 10 at the Gold Range Project, Arizona, and update the status of its drilling program which began on August 25. Highlights Chip sampling at Trench 10 has returned 12.97 g/t gold over 3 metres including 19.4 g/t gold over 1.5 metres. The above high grade sits within a larger [...]
CANEX Metals Inc. is pleased to announce recently received assay results from surface sampling at the Gold Range Project, Arizona. Highlights A new target, the Contact Zone, has been identified over a length of 1000 metres with widths of 50 to 100 metres. Limited chip sampling within this target has returned values of up to 2.76 g/t gold over 4 [...]
CANEX Metals Inc. is pleased to announce that drilling has commenced at the Gold Range Property, Arizona. Drilling has commenced at Gold Range with the first hole expected to be completed by the end of the day. Drilling is initially targeting the Pit Zone where 62 previously released chip and grab samples ranged from trace to 48 g/t gold, averaging [...]
CANEX Metals Inc. is pleased to announce soil results for sampling conducted in late May to early June at the Gold Range Property, Arizona. A 776 sample soil program consisting of multiple east-west trending soil lines was conducted over several targets across the Gold Range property. Highlights An east-west soil line has returned a 390 metre gold [...]