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.
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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.
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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.
CANEX Metals (TSXV:CANX) reports strong support for its acquisition offer of Gold Basin Resources (TSX.V:GXX), with over 26% of Gold Basin shares committed through Lock-up Agreements within 28 days of the 105-day bid period. The offer represents a premium exceeding 100% compared to Gold Basin's pre-cease-trade order price.
CANEX highlights significant governance issues at Gold Basin, including missed financial reporting deadlines, failure to hold annual shareholder meetings, lack of a transfer agent and auditors, and non-compliance with securities laws regarding the offer response. CANEX urges Gold Basin's board to recommend shareholders tender to the offer to move forward as a combined entity.
CANEX Metals (TSX.V:CANX) has officially launched its take-over bid for Gold Basin Resources Corporation (TSX.V:GXX) on August 28, 2025. The company has filed the necessary offer documents with Canadian securities regulators and will file with the SEC.
Notably, approximately 18% of Gold Basin shareholders have already committed to supporting the offer. The take-over bid aims to provide Gold Basin shareholders with a significant upfront premium and a clear path to liquidity. The offer documents will be distributed to Gold Basin securityholders and are available on SEDAR+ and CANEX's website.
CANEX Metals (TSXV:CANX) has received a partial revocation order from the British Columbia Securities Commission (BCSC) to proceed with its planned take-over bid of Gold Basin Resources (TSX.V:GXX). The order partially lifts a cease trade order imposed on Gold Basin on May 6, 2025, allowing CANEX to make an offer to acquire all outstanding Gold Basin shares.
The partial revocation order expires on January 31, 2026, but will extend to April 30, 2026 if more than 50% of Gold Basin shares are tendered and paid for by January 31. Additionally, CANEX received exchange approval and issued 400,000 common shares to acquire three mining claims at its Louise Copper-Gold Porphyry Project in British Columbia.
CANEX Metals (OTC:NOMNF) has announced significant findings from its induced polarization (IP) geophysical survey at the Louise Copper-Gold Porphyry Project in British Columbia. The survey revealed two major new targets: the West Louise Target, located 2km west of the historic Louise deposit, and the Louise Deep Target, positioned below the historic deposit.
The West Louise Target shows similar characteristics to the historic Louise deposit, spanning 600 meters wide by 400-500 meters deep and extending at least 800 meters along strike. The Louise Deep Target extends to 1000 meters below surface and could represent the main body of the Louise Porphyry system.
Additionally, CANEX has expanded its presence by purchasing three internal claims through a 400,000 share issuance and staking an additional 4.8 kilometers of strike length along the geophysical trend.
CANEX Metals (TSX.V:CANX) has successfully closed its non-brokered private placement, raising gross proceeds of $1,300,000.90 through the issuance of 23,636,380 common shares at $0.055 per share. The shares are subject to a four-month plus one-day hold period.
Company insiders participated in the placement, purchasing 1,139,054 common shares. The proceeds will be used to advance district consolidation opportunities, fund exploration at the Gold Range and Louise projects, and for working capital purposes.