CANEX Metals Inc. is pleased to announce a C$3 million financing led by a strategic investment from Mr. N. Eric Fier. Mr. Fier is a mining industry leader with a track record of significant discoveries, project development, financing's, and mine constructions with subsequent successful production . He along with his team have, over the last 10 years, generated approximately C$2.5 billion of shareholder equity value [...]
NON-Highlights Well over 30% of Gold Basin Shareholders have deposited or made formal contractual commitments to tender to the Offer Gold Basin Shareholders are warned of potential dissolution of Gold Basin due to another basic, but critical disclosure failure Gold Basin Resources and Helix Resources Ltd. have been named as defendants in a petition brought by Gold Basin Shareholders in the BC Supreme Court. Consistent [...]
CANEX Metals Inc. is pleased to report that at its Annual & Special Meeting, held on October 30, 2025, 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 Canex's stock option plan. About CANEX Metals CANEX Metals is a Canadian [...]
CANEX Metals Inc. provides comments on a Directors' Circular issued by Gold Basin Resources Corp. where Gold Basin's two remaining directors recommend that their shareholders reject the offer of CANEX to acquire all of the issued and outstanding common shares of Gold Basin in favour of a farm-in agreement with Helix Resources Limited . CANEX is also pleased to announce that the Company has filed an independent technical [...]
CANEX Metals Inc. is providing an update to its shareholders regarding the potential impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to shareholders in connection with its upcoming annual general meeting of shareholders scheduled to be held on October 30, 2025 . The Company has delivered the completed Notice of Meeting [...]
Over 26% of Gold Basin shares have been committed under Lock-up Agreements Gold Basin continues to be a rudderless ship, with even the most basic governance obligations abdicated by the Gold Basin Board Gold Basin shareholders looking to tender to the Offer should contact Laurel Hill Advisory Group, the information agent in connection with the Offer, by telephone at 1-877-452-7184, , or by email at [...]
Offer provides significant upfront premium and credible path to liquidity for Gold Basin shareholders Approximately 18% of Gold Basin shares have already committed to support the Offer; remaining Gold Basin shareholders are urged to join them today Gold Basin shareholders with questions should contact Laurel Hill Advisory Group, the information agent in connection with the Offer, by telephone at 1-877-452-7184, , or by [...]
CANEX Metals is pleased to announce that the British Columbia Securities Commission has issued an order dated August 18, 2025, partially revoking the failure-to-file cease trade order issued against Gold Basin Resources on May 6, 2025 for failing to file certain outstanding continuous disclosure documents prescribed by applicable securities laws. The Partial Revocation Order permits the Company to proceed with making an [...]
CANEX Metals Inc. is pleased to announce results from an induced polarization geophysical survey recently completed over the Louise Copper-Gold Porphyry Project in British Columbia. A new and previously unknown chargeability target has been identified two kilometres west of the historic Louise deposit and has been named the West Louise Target. In addition, a steeply dipping zone of high chargeability has been identified [...]
CANEX Metals Inc. is pleased to announce that it has closed its previously announced non-brokered private placement of 23,636,380 common shares for gross proceeds of $1,300,000.90. The Common Shares were issued at a price of $0.055 per Common Share and are subject to a hold period of four months plus one day from the date of closing. The Common Shares were offered on a non-brokered basis by way of private placement to [...]
CANEX Metals is pleased to announce that, due to strong investor demand, the Company has increased its previously announced non-brokered private placement to up to 23,636,364 common shares for gross proceeds of up to $1,300,000. The Common Shares are being offered at a price of $0.055 per Common Share. The Common Shares will be offered on a non-brokered basis by way of private placement to accredited investors and any [...]
CANEX Metals announced today that it intends to make a formal offer to acquire all of the issued and outstanding shares of Gold Basin Resources in an all-share transaction. CANEX is also announcing a non-brokered private placement of up to $1,000,000 to advance the merger opportunity and for exploration and general working capital. Intention to Make a PREMIUM Offer for Gold Basin Our proposed offer values Gold Basin at [...]