CANEX Metals Inc. is pleased to provide an update on the exploration program at the Company's Gold Range Property in Arizona. A trenching and surface exploration program commenced at Gold Range on October 14th. A total of 8 trenches were excavated with 6 trenches targeting mineralized zones along the Adit Shear Zone and 2 trenches dug at the Discovery Zone. All of the trenches successfully exposed bedrock and have been [...]
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. CANEX Metals Inc. is pleased to announce that it has closed its non-brokered private placement for 12,120,000 shares at a price of $0.05 per Common Share for gross proceeds of up to $606,000. The shares were offered on a non-brokered basis [...]
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. CANEX Metals Inc. has increased its previously announced non-brokered private placement and will now offer up to 12,000,000 shares at a price of $0.05 per Common Share for gross proceeds of up to $600,000. The shares will be offered on a [...]
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States. Any Failure to Comply with this Restriction may Constitute a Violation of U.S. Securities Law. CANEX Metals Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 shares at a price of $0.05 per Common Share for gross proceeds of up to $500,000. The shares will be offered on a non-brokered basis by way of [...]
CANEX Metals Inc. is pleased to announce it has received all required exploration permits for the Company's Gold Range property in Arizona. A trenching and surface exploration program will commence on the property in one week. Limited early stage work at Gold Range conducted by the Company between May and August of this year has identified multiple gold targets on the property. Previously disclosed results from this work [...]
CANEX Metals Inc. holds 5.85 million shares of Spruce Ridge Resources and congratulates Spruce Ridge on their recently announced binding Letter of Intent to sell their interest in the Crawford nickel-cobalt property. As stated in their news release dated October 1, 2019, as part of the transaction, Spruce Ridge will receive $1 million cash along with 10 million shares of Canada Nickel Company, a new well financed company [...]
CANEX Metals Inc. is pleased to report that at its Annual & Special Meeting, held on September 19, 2019, Shane Ebert, Jean-Pierre Jutras, Lesley Hayes and Gregory Hanks were elected to the Board of Directors. We are extremely pleased to welcome Mr. Hanks who replaces Douglas Cageorge as a Board member. Canex would like to express its thanks to Mr. Cageorge for his dedication and for his continued input and support as an [...]
CANEX Metals Inc. is pleased to announce its latest high grade gold surface sampling results from the Gold Range property, Arizona. Early stage exploration work at Gold Range has identified gold bearing quartz veins within an area 1300 metres by 500 metres with multiple zones emerging as exploration targets. The most advanced target to date is the Adit Shear Zone, a shear zone hosted quartz vein system that has been [...]
CANEX Metals Inc. is pleased to announce results from 8 rocks samples and 6 soil samples from the Gold Range property, Arizona. The samples were taken by CANEX personnel in May of this year during an initial property exam and focused on 2 zones, the new Discovery Zone, where a prospector recently discovered a quartz vein containing abundant visible gold, and a second zone containing historic adits and workings termed the [...]
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. CANEX Metals Inc. has closed a non-brokered private placement for 4,399,990 units at a price of $0.05 per Common Unit for gross proceeds of $219,999.50. Each Common Unit consisted of one common share and one common share purchase warrant [...]
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. CANEX Metals Inc. is pleased to announce it has signed a letter of intent with a US based prospector to acquire a 100% interest in the Gold Range Property located in northern Arizona, USA. The Gold Range Property is located in Northern [...]
CANEX Metals Inc. is pleased to provide final assay results for holes G18-02 to 10 from the 2018 drill program at the Company's Gibson Project, located in central British Columbia. Ten shallow drill holes were completed at Gibson in October 2018 testing a small portion of a soil anomaly measuring 850 metres long by up to 500 metres wide. The results for all holes have been received and are summarized below. Highlights [...]
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