Is CMX Gold & Silver Corp. (CXXMF) a Buy, Sell, or Hold?
OTC : CXXMF
CMX Gold & Silver Corp.
$0.215 USD
$0 (0.0%)
- Volume
- 4K
- Average Volume
- 411
- Market Capitalization
- $17.06M
- P/E Ratio
- -28.98
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.40
- Year Low
- $0.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.09
| Source | Headline |
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CMX Warrants Exercised, Offering Update
Calgary, Alberta – July 2, 2026 – TheNewswire - CMX Gold & Silver Corp. ("CMX" or the “Company”) (CSE: CXC; OTC: CXXMF) announces that on June 30, 2026, shareholders exercised warrants to acquire 3,500,000 common shares of CMX at $0.10 per share. The Company understands that the shares have been acquired for long-term investment purposes. Insiders exercised 2,000,000 warrants. Warrants for 1,100,000 shares were exercised by the settlement of $110,000 of debt. The cash proceeds of $240,000 will be applied to working capital and used for the work program scheduled for the Clayton Silver Project in Idaho, USA. Jan Alston, CEO of CMX, stated “The enduring support of our shareholders has positioned the Company to benefit from the silver bull market, which in our view is still in its early stages. We are excited about becoming active on the Clayton property and testing its significant potential.” On or about July 8, 2026, CMX will close the first tranche of its previously announced non-brokered private placement financing. The offering is for up to $2,000,000 (the “Offering”). The Company expects to close the next tranche later in July. The Offering is comprised of up to 8,000,000 units (“Units”) at $0.25 per Unit with each Unit consisting of one Share in the capital of the Company and one Warrant. Each Warrant is exercisable for one Share at a price of $0.40 per share within 24 months of the closing of the Offering. Proceeds from the Offering will be used for a geophysical survey and an initial diamond drilling program on CMX's Clayton Silver Project in Idaho, U.S.A. thenewswire.com - 2026-07-02 16:50:00 |
