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 [...]
CANEX Metals is pleased to announce that a deep looking district scale induced polarization survey will commence around May 15th at the Company's Louise Copper-Gold Porphyry Project. The survey is fully funded via a flow through financing completed in Nov 2024. This highly anticipated geophysical survey is a key step in evaluating the potential for additional high grade copper-gold porphyry style mineralization in the [...]
CANEX Metals has been informed that Mayfair Acquisition intends to make an unsolicited offer to acquire all the shares of CANEX and all of the shares of Gold Basin Resources in an all share transaction. The offer intends to combine the Arizona gold assets of both CANEX and Gold Basin into a company sponsored by the Discovery Group. No formal offer has been received. The Board of Directors and management of CANEX are [...]
CANEX Metals is pleased to announce it has received an exploration permit to conduct geophysical surveying at the Louise COPPER-GOLD Porphyry project and outlines a plan and timeline to advance the project. The exploration permit allows for 56-line kilometres of ground based induced polarization geophysical surveying. The geophysical survey is fully funded, a contractor has been selected, and the survey can commence as [...]
CANEX Metals is pleased to announce it has closed the second and final tranche of its previously announced non-brokered private placement. The Company will use the proceeds of the financing to advance the Louise copper-gold porphyry project in British Columbia and the Gold Range oxide gold project. Highlights Strong investor support to allow CANEX to conduct low-cost drill targeting at the large Louise copper-gold [...]
CANEX Metals 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 placement is expected to close next week. Highlights Strong investor support to [...]