CMX Gold and Silver Corp. Announces Private Placement

04.03.2015  |  vom Unternehmen

CALGARY, ALBERTA – March 4, 2015 - CMX Gold & Silver Corp. (CSE: CXC) (“CMX” or the “Company”) announces closing of non-brokered private placements for proceeds of $66,000 under an offering memorandum. A total of 660,000 units were issued at $0.10 per unit. Each unit is comprised of one common share and one common share purchase warrant exercisable for two years at a price of $0.20 per share. A director subscribed for 100,000 units. The funds will be applied to working capital. After the private placements, the Company has 32,153,224 common shares issued and outstanding.

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About CMX Gold & Silver Corp. (CSE: CXC)

CMX Gold & Silver Corp. is a junior mining company engaged in the acquisition, exploration and development of gold/silver and base metals properties. CMX's major asset is the 100%-owned Clayton Silver Property located in the mining-friendly State of Idaho, U.S.A. The property comprises approximately 276 ha (684 acres) in Custer County in south-central Idaho, including the for mer Clayton silver-lead-zinc-copper mine, which has over 5,000 meters of underground workings and development on eight levels.



For further information contact:

CMX Gold & Silver Corp.
Jan M. Alston, President & C.E.O.
(403) 457-2697
janalston@cmxgoldandsilver.com
www.cmxgoldandsilver.com