Canex Announces Results of Annual & Special Meeting and Provides Drilling Update
CANEX METALS INC.
SUITE 815, 808-4TH AVENUE S.W., CALGARY, ALBERTA, T2P 3E8
PH: 403.233.2636 FAX: 403.266.2606
NEWS RELEASE: 22-03 FEBRUARY 24, 2022
Trading Symbol: TSX Venture-CANX
CANEX ANNOUNCES RESULTS OF ANNUAL & SPECIAL MEETING
AND PROVIDES DRILLING UPDATE
CANEX Metals Inc . (“Canex”) is pleased to report that at its Annual & Special Meeting, held on
February 24, 2022, Shane Ebert, Jean-Pierre Jutras, Lesley Hayes and Gregory Hanks were re-
elected to the Board of Directors . Shareholders also approved fixing the number of directors at four,
the appointment of BDO Canada LLP as Auditors and ratified Canex’s stock option plan.
A reverse circulation drill program is currently underway at the Companies Gold R ange property in
Arizona. A total of 45 holes for 4600 metres of drilling has been com pleted during the ongoing
program. The drill has completed multiple step out holes at the Excelsior Zone to test the expansion
potential of the recently discovered wide zone of near-surface oxide mineralization at the south end of
Excelsior, then completed two holes testing the Central and Lillian Zones , and is now focused on
systematically testing the potential of the Malco Zone across 300 metres of strike length. Results for
32 drill holes are pending and will be released in batches as they are completed.
“Shane Ebert”
Shane Ebert,
President/Director
For Further Information Contact:
Shane Ebert at 1.250.964.2699 or
Jean-Pierre Jutras at 1.403.233.2636
Web: http://www.canexmetals.ca
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as
“expects”, “projects”, “plans”, “anticipates” and similar expressions, are forward-looking information that represents management of CANEX
Metals Inc. internal projections, expectations or beliefs concerning, among other things, future operating results and various components
thereof or the economic performance of CANEX. The projections, estimates and beliefs contained in such forward- looking statements
necessarily involve known and unknown risks and uncertainties, which may cause CANEX’s actual performance and financial results in future
periods to differ materially from any projections of future performance or results expressed or implied by such for ward-looking statements.
These risks and uncertainties include, among other things, those described in CANEX’s filings with the Canadian securities authorities.
Accordingly, holders of CANEX shares and potential investors are cautioned that events or circu mstances could cause results to differ
materially from those predicted. CANEX disclaims any responsibility to update these forward-looking statements.