VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 25, 2014) - Carmax Mining Corp. (TSX VENTURE:CXM) ("Carmax" or the "Company") is pleased to announce that it has closed the private placement referred to in its news releases of July 21, 2014 and September 18, 2014 respectively consisting of 3,386,078 units subscribed for by Northern Fox Copper Inc. ("Northern Fox"), a wholly owned subsidiary of Copper Fox Metals Inc. (TSX [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 18, 2014) - Carmax Mining Corp. (TSX VENTURE:CXM) ("Carmax" or the "Company") wishes to announce that the price of the private placement referred to in its news release of July 21, 2014 has been adjusted at the request of the TSX Venture Exchange. In addition, Northern Fox Metals Inc. ("Northern Fox") has opted to increase the number of additional units it is subscribing for [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 17, 2014) - Carmax Mining Corp. (TSX VENTURE:CXM) ("Carmax") is pleased to provide its shareholders with an update on the current diamond drilling program on its 100% owned Eaglehead copper-gold-molybdenum-silver located in northwest British Columbia. Highlights for the three diamond drill holes completed to date are: Highlights: Diamond drill hole DDH 0121 with a core [...]
VANCOUVER, British Columbia, Sept. 10, 2014 (GLOBE NEWSWIRE) -- As the copper markets perk up, risk-averse investors are looking to junior explorers with low political risk, good geology and strong management teams. Global X Copper Miners ETF is up 8% in 2014. Commodity analysts are anticipating a second round of stimulus from China, which is responsible for 40% of global demand. Factory activity is also expanding in the [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 2, 2014) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM) is very pleased to announce the results for the recently completed Quantec Titan-24 DCIP survey at its 100% owned Eaglehead copper-molybdenum-gold-silver project located in northwest British Columbia. To view the 3D geophysical model of the Eaglehead deposit, go to the Carmax website at [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 7, 2014) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM) is pleased to announce an update on exploration and core re-logging activities and the commencement of the 2014 diamond drilling program on the Eaglehead property. SGS Canada Inc. located in Burnaby, British Columbia has been retained to complete the preliminary metallurgical test work on samples from the East [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 21, 2014) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM) is pleased to provide this update on the Summer Exploration Program currently in progress on its Eaglehead property located in northern British Columbia and other corporate activities. Highlights: The Quantec Titan-24 DCIP survey over the East, Bornite, Camp and Pass mineralized zones has been completed [...]
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 consisted of one share and one share purchase warrant providing the holder with the [...]
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 and approximately 4000m of diamond drilling. The budget for the proposed [...]
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 of developing Carmax's Eaglehead Property located in the Dease Lake Area [...]
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 development company listed on the TSX Venture Exchange (TSX VENTURE:CUU) with [...]
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 price of $0.05 per Unit and will consist of one previously unissued common [...]