CANEX Metals Inc. is pleased to announce soil results for sampling conducted in late May to early June at the Gold Range Property, Arizona. A 776 sample soil program consisting of multiple east-west trending soil lines was conducted over several targets across the Gold Range property. Highlights An east-west soil line has returned a 390 metre gold in soil anomaly immediately south of the Pit Zone, with values up to 613 [...]
CANEX Metals Inc. is pleased to announce that fieldwork is scheduled to commence in early July at the Gold Range Property, Arizona. A drill program is scheduled to commence in the third week of July. A surface exploration program will start at Gold Range around July 2 and will focus on field mapping and sampling over select zones in order to finalize and prioritize drill targeting. This will be immediately followed by [...]
CANEX Metals Inc. is pleased to announce that a soil sampling program is underway at the Gold Range Property, Arizona. A local contractor is currently conducting a 777 sample soil program at Gold Range which is expected to take about 7 days to complete. The sampling program will follow up and expand on multiple new gold-in-soil anomalies identified in the southern part of the claim block and expand coverage around 2 new [...]
CANEX Metals Inc. is pleased to announce results for 29 rock samples and 435 reconnaissance soil samples taken in February and March 2020 at the Gold Range Property, Arizona. Highlights from the Sampling Program Two new zones of gold mineralization have been discovered One discovery has been made 370 metres northwest of the Pit Zone returning 53.2 g/t gold over 0.6 metres in a surface chip sample. The zone remains open [...]
CANEX Metals Inc. is pleased to announce results for 303 soil samples and one rock sample taken from the Central Zone at the Gold Range Property, Arizona. Surface samples have successfully expanded the existing soil anomaly and another outcrop containing high grade gold has been discovered. Highlights from the Sampling Program Gold-in-soil results have expanded the Central Zone soil anomaly to 730 metres long by 250 [...]
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 6,666,920 shares at a price of $0.09 per Common Share for gross proceeds of up to $600,039. 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. is pleased to announce that it has closed its non-brokered private placement for 6,667,100 shares at a price of $0.09 per Common Share for gross proceeds of up to $600,039. The shares were offered on a non-brokered basis [...]
CANEX Metals Inc. announces that it has revised and increased its non brokered private placement originally revised on March 27, 2020. The revised private placement will consist of up to 6,666,666 shares at a price of $0.09 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 [...]
CANEX Metals Inc. announces that it has amended its non brokered private placement originally announced on February 26, 2020, in order to reflect current market conditions. The revised private placement will consist of up to 5,555,555 shares at a price of $0.09 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 [...]
CANEX Metals Inc. is pleased to announce that due to strong shareholder demand the Company has increased its previously announced non-brokered private placement and will now offer up to 5,000,000 shares at a price of $0.20 per Common Share for gross proceeds of up to $1,000,000. 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 [...]
CANEX Metals Inc. is pleased to announce that its wholly owned subsidiary CANEXCO Inc. has entered into a formal Option Agreement to acquire a 100% interest in a single lode mining claim located adjacent to the Company's Pit Zone target on the Gold Range Property, Arizona. Dr. Shane Ebert, President of the Company stated, "The acquisition of this key claim will enable CANEX to systematically explore the entire area around [...]
CANEX Metals Inc. is pleased to announce the Company has received an amended exploration permit for the Gold Range Property, Arizona. The amended exploration permit allows the Company to conduct trenching and drilling at several of the new targets recently identified on the increased property package, including the Pit, Central, East, Tin, and Shaft Zones, as well as along the Adit Shear Zone. The permit allows for up to [...]