Welcome to our dedicated page for Canex Metals news (Ticker: NOMNF), a resource for investors and traders seeking the latest updates and insights on Canex Metals stock.
News and updates for CANEX Metals Inc. (NOMNF) focus on its activities as a Canadian junior exploration company advancing gold and copper projects in North America. Company news releases emphasize exploration progress at the Gold Range oxide gold project in Northern Arizona and the Louise copper-gold porphyry project in British Columbia, as well as corporate and transactional developments.
A major theme in recent CANEX news is its offer to acquire all of the issued and outstanding shares of Gold Basin Resources Corporation. Coverage includes the formal commencement of the take-over bid, the level of shareholder support from Gold Basin investors, extensions and amendments to the offer terms, and commentary on Gold Basin’s regulatory and governance situation. These releases detail the proposed share-exchange structure, the implied premium to Gold Basin shareholders, and CANEX’s rationale for consolidating an oxide gold district in Mojave County, Arizona.
Investors following NOMNF news will also see financing and capital markets announcements, such as non-brokered private placements, participation by strategic investors, and early warning reports when significant shareholders change their positions. CANEX highlights the involvement of experienced mining investors and explains how financing proceeds are intended to support exploration at Gold Range and Louise and to fund the Arizona district consolidation opportunity.
Additional news items cover corporate governance and regulatory matters, including annual and special meeting results, appointment of auditors, stock option plan approvals, and logistical updates related to shareholder communications. Technical updates, such as the filing of an independent NI 43-101 technical report on the Gold Range Project and the results of geophysical surveys at Louise, provide further context on the company’s exploration work.
This page aggregates these company-issued releases so readers can review CANEX’s exploration updates, takeover bid developments, financing activities, and governance disclosures in one place.
CANEX Metals (NOMNF) extended its offer to purchase all issued and outstanding shares of Gold Basin to 5:00 p.m. (Toronto) on January 29, 2026. CANEX reports 66,244,176 shares tendered, representing 49.02% of Gold Basin outstanding, with an additional 1,321,067 shares needed to reach the 50%+1 take-up threshold. The offer provides 0.592 CANEX share per Gold Basin share, an implied 275% premium, valuing the transaction at about $20 million (~$0.15/share). CANEX cited delays from Gold Basin's cease trade order and absence of a transfer agent causing deficient tenders; restoration of Gold Basin to compliant status is uncertain.
Canex Metals (OTC:NOMNF) disclosed an Early Warning Report under National Instrument 62-103 for a securities purchase dated December 23, 2025. Eric Fier purchased 7,387,000 common shares at $0.15 per share for total cash consideration of $1,108,050, representing an increase of 4.42% of the issued and outstanding common shares on an undiluted basis.
After the private placement Mr. Fier beneficially owns, controls or directs 16,695,800 shares, equal to 10.0% of Canex's issued and outstanding common shares. The shares were acquired for investment purposes and Mr. Fier may alter his ownership in the future. A copy of the early warning report will be available on Canex's SEDAR+ profile.
CANEX Metals (OTC:NOMNF) closed a non-brokered private placement of 20,000,000 shares at $0.15 for $3,000,000 on December 23, 2025, and disclosed that Eric Fier now owns 10% and is an insider.
The financing is intended to fund CANEX's offer to acquire Gold Basin (TSX.V:GXX), advance exploration at Gold Range and Louise projects, and provide working capital. Approximately 44% of Gold Basin shares have been deposited to CANEX's offer, which implies a 183% premium and values the offer at ~$17.2M (~$0.13 per Gold Basin share).
CANEX Metals (OTC:NOMNF) announced results from its Annual & Special Meeting held on October 30, 2025.
Shareholders re-elected Shane Ebert, Jean-Pierre Jutras, Lesley Hayes, Gregory Hanks and Blair Schultz to the board, approved fixing the number of directors at five, appointed BDO Canada LLP as auditors, and ratified the company's stock option plan.
CANEX Metals (TSXV:CANX) has announced contingency measures to address potential mailing delays of its annual general meeting materials due to the ongoing Canada Post strike. The meeting is scheduled for October 30, 2025, with a proxy voting deadline of October 28, 2025, at 10:00 AM Mountain time.
To ensure shareholder access to meeting materials, CANEX has made documents available on SEDAR+ and the company website. Shareholders can also request materials via email at info@canexmetals.ca or by phone at 1-403-233-2636. Both registered shareholders and those holding shares through intermediaries can still participate in voting through their respective channels.
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