Canamex enters Definitive Agreement to sell Bruner Property
CANAMEX GOLD CORP
Suite 970-777, Hornby St
Vancouver, BC V6Z 1S4
Canada
+1 604 833 4278
Page 1 of 2
CANAMEX GOLD CORP - NEWS RELEASE
Canamex Enters into Definitive Agreement to Sell Bruner Property
Vancouver, British Columbia / July 19, 2021 - Canamex Gold Corp. (the
“Company” or “ Canamex”) (CSE: CSQ) is pleased to announce that it has entered
into an asset purchase agreement (the “ Agreement”) with Endeavour Silver Corp.
(“Endeavour”), pursuant to which Endeavour will acquire a 100% interest in the
Company’s Bruner Gold Property, located in Nye County, Nevada, including mineral
claims, mining rights, property assets, water rights, and government authorizations and
permits, for a purchase price of US$10 million payable in cash . Completion of the
proposed transaction contemplated by the Agreement is subject to all necessary
approvals, including the approval of the shareholders of the Company and customary
regulatory approvals.
Special Meeting of the Shareholders of the Company
As the proposed transaction constitutes the disposition of substantially all of the
Company’s assets, the Company is holdi ng a special meeting of its shareholders on
August 25, 2021 (the “ Meeting”) to seek approval by a special resolution of the
shareholders for the transactions contemplated by the Agreement. The record date for
the Meeting will be July 19, 2021. Additional i nformation about the proposed
transaction and the Agreement will be contained in a management information circular
which will be sent to the Company’s shareholders and filed on the Company’s SEDAR
profile at www.sedar.com prior to the Meeting.
About Canamex
Canamex is a public listed company registered in British Columbia, Canada, trading
on the Canadian Securities Exchange (CSE: CSQ) and is engaged in pre-development
of the Bruner gold and silver project in the prolific gold jurisdiction of Nye County,
Nevada. Further information is available at https://www.canamexgold.com/
ON BEHALF OF THE BOARD
David Vincent
CEO and Director
Page 2 of 2
Mike Stark
Chairman of the Board
604.833.4278
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable
Canadian securities legislation. Such forward -looking statements concern the Company ’s
strategic plans, and completion of the proposed transaction described herein. Such forward -
looking statements or information are based on a number of assumptions, which may prove to
be incorrect. Assumptions have been made regarding, among other things: the completion of
the proposed transaction; approval of the proposed transaction by the shareholders of the
Company and receipt of all other necessary approvals for the transaction; and conditions in
general economic and financial markets. The actual results could differ materially from those
anticipated in this forward-looking information as a result of certain risk factors including but
not limited to the following: failure of either party to satisfy any o f t h e closing conditions
for the proposed transaction and failure to obtain approval of the shareholders of the Company
or any other regulatory approvals required in order to complete the proposed transaction.
Forward-looking statements are based on the expectations and opinions of the Company’s
management on the date the statements are made. The assumptions used in the preparation
of such statements, although considered reasonable at the time of preparation, may prove to
be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-
looking statements, which speak only as of the date the statements were made. The Company
undertakes no obligation to update or revise any forward -looking statements included in this
news release if these beliefs, estimates and opinions or other circumstances should change,
except as otherwise required by applicable law.
The CSE has not approved or disapproved the contents of this news release or passed
upon the merits of any of the transactions described herein, including the Transaction.
Neither the CSE nor its Regulation Services Providers (as that term is defined in the
policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.