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