The press release issued on April 3, 2023 by CANEX Metals Inc. contained an error in the wording and should have said raised C$600,000 not C$600,000 million and Common Shares not Common Units. The completed and corrected release follows: CANEX Metals Inc. is pleased to announce that it has closed its previously announced C$600,000 private placement. The Company will use the proceeds of the financing to advance its Gold [...]
CANEX Metals Inc. is pleased to announce that it has closed its previously announced C$600,000 million private placement. The Company will use the proceeds of the financing to advance its Gold Range Project located in northern Arizona, including a significant expansion to the Reverse Circulation drill program that is currently in progress. Highlights Strong investor support to expand CANEX's current exploration efforts at [...]
CANEX Metals Inc. is pleased to announce that due to strong shareholder demand the Company has increased its previously announced non-brokered private and will now offer up to 10,000,000 shares at a price of $0.06 per Common Share for gross proceeds of up to $600,000. 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 [...]
CANEX Metals Inc. is pleased to announce a non-brokered private placement of up to 8,333,333 shares at a price of $0.06 per Common Share for gross proceeds of up to $500,000. 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 months plus one day from the date of closing. This financing is subject to TSX [...]
Three New High Priority Exploration Targets to be Tested CANEX Metals Inc. is pleased to announce that exploration drilling at the Gold Range Project, Arizona, will commence this week focusing on new exploration targets with excellent discovery potential. New surface exploration results supporting these targets is also presented. Highlights Reverse circulation drilling will resume at Gold Range this week, focusing on [...]
CANEX Metals Inc. is pleased to announce the results from 11 reverse circulation drill holes from the Gold Range Project, Arizona, and the commencement of a surface exploration program. Highlights The Company's first drill test of the Shaft Target in the northern part of the Gold Range property has resulted in the discovery of a new and potentially significant zone of gold mineralization with hole GR22-110 returning 1.1 [...]
CANEX Metals Inc. is pleased to announce the results from 7 reverse circulation drill holes and observations from recent surface work at the Gold Range Project, Arizona. Highlights Step out drilling on the east side of the Excelsior Zone has intersected a mineralized zone that is interpreted to run parallel to the main Excelsior mineralized trend, potentially opening up new mineralized oxide gold zones within a larger [...]
CANEX Metals Inc. is pleased to announce surface soil results from summer 2022 exploration and the purchase of a lode mining claim covering a past producing gold mine at the Gold Range Project, Arizona. Highlights Surface exploration has identified a new gold in soil anomaly that is 400 metres long, over 125 metres wide, and remains open along strike, with gold in soil values ranging from 122 to 612 parts per billion [...]
CANEX Metals Inc. is pleased to announce the results from 11 reverse circulation drill holes from the Gold Range Project located in northern Arizona and the receipt of an amended exploration permit for the project. Highlights Hole GR22-91 has made a new drill discovery at the Central Zone returning 0.7 g/t gold over 9.15 metres and 0.6 g/t gold over 18.29 metres, for a cumulative mineralized interval of 27.44 metres [...]
CANEX Metals Inc. is pleased to announce the results from 7 reverse circulation drill holes from the Excelsior Zone at the Gold Range Project located in northern Arizona. Six of the 7 drill holes have returned multiple gold mineralized intercepts and continue to expand the potential of the Gold Range project. Highlights Multiple drill holes have intersected wide zones of oxide gold mineralization close to surface. Hole [...]
CANEX Metals Inc. is pleased to announce the results from 10 reverse circulation drill holes from the Eldorado Zone at the Gold Range Project located in northern Arizona. The Company is also pleased to announce that reverse circulation drilling has resumed at Gold Range. Highlights Hole GR21-73 intersected 1.8 g/t gold over 6.1 metres within a wider interval of 0.6 g/t gold over 30.5 metres starting at 12.2 metres depth [...]
The press release issued on May 27th, 2022 by CANEX Metals Inc., contained an error in the background of Mr. Blair Schultz. The completed and corrected release follows: CANEX Metals Inc. is pleased to announce that it has closed it's previously announced C$2.5 million private placement. Highlights Mr. Michael Gentile, CFA was the lead investor in the financing and owns 10.7% of the company. Mr. Blair Schultz, a newly [...]
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