CMX Closes First Tranche of Private Placement

CMX Closes First Tranche of Private Placement

(TheNewswire)

CMX Gold & Silver Corp.

CMX Gold & Silver Corp. ("CMX" or the "Company") (Canadian Securities Exchange: CXC) (CNSX:CXC.CN) is pleased to announce that it has completed the first tranche of the non-brokered private placement (the "Offering") described in its news release of June 1, 2022. The Company issued an aggregate of 2,860,000 units (the "Units") at a price of CDN$0.09 per Unit for gross proceeds of CDN$257,400. Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant, a "Warrant").  Each whole Warrant is exercisable to acquire one Share at an exercise price of CDN$0.18 per Share until July 14, 2024 which is 24 months from the date of issuance.

Insiders of the Company acquired an aggregate of 710,000 Units in the Offering, which participation constituted a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101").  Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units acquired by the insiders, nor the consideration for the Units paid by such insiders, exceed 25% of the Company's market capitalization.  As required by MI 61-101, the Company advises that it expects to file a material change report relating to the Offering less than 21 days before completion of the Offering, which is necessary to complete the Offering in an expeditious manner and is reasonable in the circumstances.

The proceeds of the Offering will be used for work programs on CMX's Clayton Silver Project in Idaho, USA, including planning and site preparation for future drilling programs and for general working capital purposes.

The securities issued under the Offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.

About CMX

CMX's 100%-owned Clayton Silver Property is located in the mining-friendly State of Idaho, USA. The property comprises approximately 684 acres in Custer County in south-central Idaho, including the former Clayton silver-lead-zinc mine.  The Clayton Mine was developed on eight levels to a depth of 1,100 feet below surface and is comprised of approximately 19,690 feet of underground development.  Two major ore bodies were partially mined: the "South Ore Body" and the "North Ore Body".

The recorded production from the Clayton Mine included 7,031,110 oz silver, 86,771,527 lbs lead, 28,172,211 lbs zinc, 1,664,177 lbs copper, and minor amounts of gold from an estimated 2,145,652 tonnes of ore mined between 1934 and 1985.  Significant potential is demonstrated in hole 1501-A, drilled in the mid-1960's, which penetrated the mineralized zone at 1,425 feet.  At that depth, the hole intercepted 22 feet of 4.07 oz Ag/t, 5.75% lead and 5.37% zinc (note: true width is unknown).

The Company has signed an agreement with Sulphide Remediation Inc. ("SRI"), a firm specializing in mineral processing (see May 31, 2022 news release).  SRI utilizes precision ore sorting technology to high-grade mine stockpiles of unprocessed rock to enhance the grade of material delivered to a toll mill.  The results of testing the ore sorting process on the stockpile material should position CMX to generate cash flow in 2023.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

For further information contact: Robert d'Artois, Investor Relations at (604) 329-0845 bobdartois@cmxgoldandsilver.com or Jan M. Alston, President & C.E.O. at (403) 457-2697 janalston@cmxgoldandsilver.com .

You can also visit the Company's Website: www.cmxgoldandsilver.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary Statement Regarding Forward-Looking Information

Certain information contained in this news release constitutes "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information"). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of the Offering, the use of proceeds of the Offering and any statements regarding the Company's business plans, expectations and objectives. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking information. Forward­ looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information is based on information available at the time and/or the Company management's good­ faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Management's Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedar.com under the Company's profile and on the Company's website, https://cmxgoldandsilver.com/home. The forward-looking information set forth herein reflects the Company's expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Copyright (c) 2022 TheNewswire - All rights reserved.

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CMX Announces Assay Results Confirm Ore-Sorting Viable for Clayton Stockpile

CMX Announces Assay Results Confirm Ore-Sorting Viable for Clayton Stockpile

(TheNewswire)

CMX Gold & Silver Corp.

CMX Gold & Silver Corp. ( CSE:CXC ) ( OTC:CXXMF ) (" CMX " or the " Company ") has received assays for concentrate successfully recovered from samples taken in 2022 from the historic stockpile adjacent to its 100%-owned Clayton Silver Mine in Idaho.  Jan Alston, President & CEO of CMX stated: "This is a significant milestone with respect to advancing the Company's Clayton Silver Project.  The silver, lead and zinc assay results are robust and ore-sorting returned a high-grade concentrate.  This provides CMX with a unique opportunity as a junior mining company to exploit the stockpile, which is estimated to contain 1,000,000 tonnes or more of mineralized material. Processing the stockpile is expected to start next year

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CMX Announces Ore-Sorting Test Completed with Assays Pending

CMX Announces Ore-Sorting Test Completed with Assays Pending

(TheNewswire)

CMX Gold & Silver Corp.

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CMX Expands Clayton Landholdings

CMX Expands Clayton Landholdings

(TheNewswire)

CMX Gold & Silver Corp.

November 3, 2022 TheNewswire - CALGARY, ALBERTA CMX Gold & Silver Corp. ( CSE:CXC ) ; ( OTC:CXXMF ) ("CMX" or the "Company") announces completion of its 2022 claims staking program surrounding its 100%-owned Clayton Silver Property in Idaho, USA.  The Company surveyed and staked 22 lode claims on federal Bureau of Land Management land, adding approximately 450 acres to CMX's landholdings. The staking has added significant prospective acreage to the Company's silverleadzinc project, bringing the total land position to 1,134 acres, a 66% increase in the area covered.  Prior to staking the new claims, CMX's land position was comprised of 29 patented mining claims and 2  patented mill sites aggregating 565 acres, plus 6 lode claims aggregating 119 acres.

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CMX Clayton Stockpile Testing

CMX Clayton Stockpile Testing

(TheNewswire)

CMX Gold & Silver Corp.

October 13, 2022

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CMX Announces Contract for Processing Clayton Stockpile

CMX Announces Contract for Processing Clayton Stockpile

(TheNewswire)

CMX Gold & Silver Corp.

May 31, 2022 TheNewswire - CALGARY, ALBERTA CMX Gold & Silver Corp. ( CSE:CXC ) ; (CNSX:CXC.CN); ( OTC:CXXMF ) ("CMX" or the "Company") announces that it has signed an agreement with Sulphide Remediation Inc. ("SRI") ( https:www.sulphide-remediation.com ), an affiliate of ABH Engineering Inc. of Surrey, B.C., a firm specializing in mineral processing ( https:www.abhengineeringinc.com ).  SRI utilizes precision ore sorting technology to high-grade mine stockpiles of unprocessed rock to enhance the grade of material delivered to a toll mill.  Dual Energy X-Ray Transmission technologies differentiate between rocks based on small fluctuations in density profiles and are effective at removing sulphides and concentrating valuable metals.  The sorted rock can be treated at existing millssmelters where valuable metals will be extracted and sulphides will be safely handled.​ SRI has some of the world's leading experts in crushing, screening and ore sorting.

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Lumina Gold Announces US$3.1 million Wheaton Precious Metals Draw and Amendment to the PMPA

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Forte Minerals Engages Trion Communications GmbH for European Investor Awareness

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Trion Communications GmbH will support Forte in enhancing visibility among investors in Germany, Austria, and Switzerland. Their role includes distributing company news, translating shareholder communications, coordinating editorial placements in German financial publications, and fielding investor inquiries via multiple channels.

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Cygnus intersects new high-grade gold, plus visible gold* identified in subsequent holes

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Chibougamau Copper-Gold Project, Canada

HIGHLIGHTS:

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Fast Track Application for the Taranaki VTM Project Lodged

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WESTERN COPPER AND GOLD STRENGTHENS STRATEGIC PARTNERSHIP WITH MITSUBISHI MATERIALS

WESTERN COPPER AND GOLD STRENGTHENS STRATEGIC PARTNERSHIP WITH MITSUBISHI MATERIALS

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce that it has strengthened its relationship with Mitsubishi Materials Corporation ("Mitsubishi Materials").

Western Copper and Gold Corporation Logo (CNW Group/Western Copper and Gold Corporation)

Western has entered into an amended and restated investor rights agreement (the "Agreement") with Mitsubishi Materials, most notably extending the rights and obligations thereunder until May 30, 2026 , subject to Mitsubishi Materials acquiring 2 million common shares of the Company through open market purchases. These purchases will be non-dilutive to existing shareholders, as no new shares will be issued by the Company. Upon completion, Mitsubishi Materials' equity ownership in Western is expected to return to approximately 5%.

"Mitsubishi Materials have been a supportive partner, and we are pleased to see them grow their ownership in Western," said Sandeep Singh , President and CEO. "Their continued support through this proposed new investment, made through non-dilutive, open market purchases, is another vote of confidence in the team and the Casino Project. The corresponding extension of rights reflects the productive and aligned relationship we've built, and we look forward to continuing to collaborate as we advance one of Canada's most important critical minerals projects."

ABOUT western copper and gold corporation

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
President and CEO
western copper and gold corporation

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding Mitsubishi Materials acquiring additional common shares of the Company.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino project, potential impacts on operational continuity, changes in general market conditions that could affect the Company's performance; and other risks and uncertainties disclosed in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.

Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company's views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/western-copper-and-gold-strengthens-strategic-partnership-with-mitsubishi-materials-302428507.html

SOURCE western copper and gold corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/15/c9765.html

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Talon Metals Drills Significant Nickel-Copper Mineralization Intercept at Tamarack During Feasibility Study Drilling

Intercept is outside of the Tamarack Resource Area at shallow depths in the CGO East Zone

Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) (together with its subsidiaries, "Talon" or the "Company"), the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project ("Tamarack Nickel Copper Project") in central Minnesota, is pleased to announce a mixed massive sulphide intercept in the CGO East Zone at the Tamarack Nickel Copper Project measuring 16.09 meters.

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