Cmx Extends Expiry Dates FOR Warrants
www.cmxgoldandsilver.com
P.O. Box 74113
148 – 555 Strathcona Blvd. SW
Calgary, Alberta, Canada T3H 3B6
Tel: (403) 457-2697
CMX EXTENDS EXPIRY DATES FOR WARRANTS
March 20, 2025
CALGARY, ALBERTA – CMX Gold & Silver Corp. (CSE:CXC; OTC:CXXMF) (“CMX” or the “Company”)
announces the Company has extended the expiry dates of its common share purchase warrants (“Warrants”)
currently outstanding. On December 19, 2023, the expiry dates of the Warrants were previously extended
for one year. The exercise prices for the Warrants are not below the present trading price of the Company’s
shares on the CSE. Considering CMX’s present stage of development of its Clayton Silver Project and the
length of time it has taken for investors to return to the silver market and the junior mining sector , the
Company concluded that it is in the best interests of its shareholders and the Company to extend the expiry
date of the Warrants for one more year . These extensions bring the exercise term of the warrants to five
years from the original dates of issuance, which is the maximum term permitted under the rules of the CSE.
No other terms of the Warrants were amended.
CMX has extended by one year the expiry dates of the Warrants as follows: 6,700,000 exercisable at $0.10
per share extended to June 30, 2026; 3,470,000 exercisable at $0.10 per share extended to November 19,
2026; 1,430,000 exercisable at $0.18 per share extended to July 14, 2027; 1,972,000 exercisable at $0.18
per share extended to September 16, 2027.
About CMX
CMX's 100%-owned Clayton Silver Property is located in the mining -friendly State of Idaho, USA. The property
comprises approximately 684 acres in Custer County in south -central Idaho, including the former Clayton silver -
lead-zinc mine. The Clayton Mine was developed on eight levels to a depth of 1,100 feet below surface and is
comprised of approximately 19,690 feet of underground development. Two major ore bodies were partially mined:
the “South Ore Body” and the “North Ore Body”.
The Clayton property’s significant potential is demonstrated in hole 1501 -A, drilled in the mid -1960’s, which
penetrated the mineralized zone at 1,425 feet. At that depth, the hole intercepted 22 feet of 4.07 oz Ag/t, 5.75%
lead and 5.37% zinc (note: true width is unknown).
The recorded production from the Clayton Mine included 7,031,110 oz silver, 86,771,527 lbs lead, 28,172,211 lbs
zinc, 1,664,177 lbs copper, and minor amounts of gold from an estimated 2,145,652 tonnes of ore mined between
1934 and 1985 (Hillman, Bob, M.S. Thesis, June 26, 1986, Eastern Washington University).
The Company is planning work programs in 2025 and extending over the next several years to assess the resource
potential within the structures related to the previously mined sections and to expand the search to determine the
potential for other mineralized zones in adjacent structures. This will entail detailed geophysical work and multiple
drill programs. CMX has concluded that very little geophysics was done on the property historically.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news
release.
For further information contact: Robert d’Artois, Investor Relations at (604) 329-0845
[email protected] or Jan M. Alston, President & C.E.O. at (403) 457-2697
You can also visit the Company’s Website: www.cmxgoldandsilver.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S.
Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
www.cmxgoldandsilver.com
Cautionary Statement Regarding Forward-Looking Information
Certain information contained in this news release constitutes “forward -looking information” or “forward -looking statements”
(collectively, “forward -looking information”). Without limiting the foregoing, such forward -looking information includes
statements regarding the process and completion of the Offering, the use of proceeds of the Offering and any statements
regarding the Company’s business plans, expectations and objectives. In this news release, words such as “may”, “would”,
“could”, “will”, “likely” , “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form
thereof are used to identify forward-looking information. Forward looking information should not be read as guarantees of future
performance or result s, and will not necessarily be accurate indications of whether, or the times at or by which, such future
performance will be achieved. Forward-looking information is based on information available at the time and/or the Company
management’s good faith beli ef with respect to future events and is subject to known or unknown risks, uncertainties,
assumptions and other unpredictable factors, many of which are beyond the Company’s control. For additional information with
respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see
the Company’s most recent Management’s Discussion and Analysis and financial statements and other documents filed by the
Company with the Canadian securities commissions an d the discussion of risk factors set out therein. Such documents are
available at www.sedar.com under the Company’s profile and on the Company’s website, https://cmxgoldandsilver.com/home.
The forward-looking information set forth herein reflects the Compa ny’s expectations as at the date of this news release and
is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or otherwise, other than as required by law.