Carmax Mining Announces 2:1 Share Consolidation & Symbol Change
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142 – 1146 Pacific Blvd.,
Vancouver, British Columbia V6Z 2X7 Canada
Telephone: (604) 620-7737
www.carmaxmining.com
NEWS RELEASE
TSX-V: CXM November 15, 2017
CARMAX MINING ANNOUNCES 2:1 SHARE CONSOLIDATION & SYMBOL CHANGE
Vancouver, B.C. – November 15, 2017 – Carmax Mining Corp. (“Carmax” or the “Company”)
(TSX-Venture: CXM) is pleased to announce that on November 14, 2017, shareholders of Carmax
passed a special resolution to consolidate its issued share capital on a 2:1 basis with one (1) new
common share to be issued to existing shareholders for each two (2) common shares held prior
to the effective date of the share consolidation.
As a result of the share consolidation, the Company’s current outstanding 110,242,525 common
shares will be reduced to approximately 55,121,262 common shares. No fractional shares will be
issued. Any fractions of a share will be rounded to the nearest whole number of common shares.
The share consolidation upon TSX Exchange approval is to be made effective on Friday
November 17, 2017 with a new trading symbol of “CUX”.
On the effective date of the share consolidation the CUSIP and ISIN number w ill change to
CA1431312091 and 1431312091.
About Carmax
Carmax is a Canadian company engaged in exploration for porphyry copper -gold-molybdenum
deposits in northwestern British Columbia.
For further information, please visit the website at www.carmaxmining.com to view the Company’s
profile or contact Jevin Werbes at 604-620-7737.
“Jevin Werbes”
Jevin Werbes, President & CEO
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.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities
described herein in the United States. The securities described in this news release have not been and will not
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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. This news release is not for distribution in the United States or over United States
newswires.
Cautionary Statement on Forward Looking Statement
Certain information contained in this news release, including information as to our strategy, projects, plans or future
financial or operating performance and other statements that express management’ s expectations or estimates of
future performance, constitute “forward looking statements”. Actual results may differ materially from those indicated
by such statements. All statements, other than historical fact, included herein, including, without limitations statements
regarding future production, are forward-looking statements that involve various risks and uncertainties. There can be
no assurance that such statements will prove to be accurate and actual results and future events could differ materially
from those anticipated in such statements. Forward-looking information in this news release includes, but is not limited
to, statement about the communication agreement and possible future activities at the Eaglehead project; and
statements about Carmax’s strategy, future operations and prospects.
Additionally, there are known and unknown risk factors which could cause Carmax’s actual results, performance or
achievements to be materially different from any future results, performance or achievements expressed or implied by
the forward-looking information contained herein. Known risk factors include among other things; the possibility that
the communications agreement may not be implement as intended or at all; the possibility that future exploration on
the Eaglehead project may not occur on a timely basis, or at all; fluctuations in copper and other commodity prices and
currency exchange rates; uncertainties relating to interpretation of drill results and the geology,
A more complete discussion of the risks and uncertainties facing Carmax is disclosed in Carmax's continuous disclosure
filings with Canadian securities regulatory authorities at www.sedar.com. All forward -looking information herein is
qualified in its entirety by this cautionary statement, and Carmax disclaims any obligation to revise or update any such
forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information
contained herein to reflect future results, events or developments, except as required by law.