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Calgary, Alberta January 13, 2026 TheNewswire – CMX Gold & Silver Corp. (“CMX” or the “Company”) (CSE: CXC,OTC:CXXMF; OTC: CXXMF) announces that it intends to conduct a non-brokered private placement financing for aggregate gross proceeds of up to $2,000,000 (the “Offering”).
The Offering will consist of up to 8,000,000 units (“Units”) at $0.25 per Unit, each Unit consisting of one common share in the capital of the Company (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant is exercisable for one Common Share at a price of $0.40 per share within 24 months of the closing of this Offering. Proceeds from the offering will be used for a geophysical survey and initial diamond drilling program for CMX’s Clayton Silver Project in Idaho, USA.
The Units will be sold to “accredited investors” and other exempt parties pursuant to exemptions from prospectus requirements under the Canadian securities laws. The Company may pay finder’s fees to third parties in connection with the Offering.
Securities issued under the Offer are subject to restrictions on resale for a period of four months and one day from the closing date. The company expects to complete the offering in February 2026.
The Clayton Silver Property
The Clayton Silver Project is CMX’s 100% owned flagship project located in the Bayhorse Mining District in central Idaho, approximately 20-25 miles southwest of Challis. The property comprises a land parcel of 1,028 hectares, including 29 patented mining claims and two patented factory sites (approximately 562 acres) and 20 unpatented claims (approximately 466 acres). The patented claims provide surface property rights, carry no government royalties and require no drilling permits.
Beginning in spring 2026, CMX plans to conduct a comprehensive geophysical program on the historic mine and surrounding structures, including a 3D Direct Current Induced Polarization (DCIP) survey and a Magnetotelluric (MT) survey. These surveys aim to delineate known structures, identify extensions of partially mined ore bodies and evaluate deeper sources of mineralization, with follow-up diamond drilling planned to test priority targets.
None of the securities sold in connection with the Offering will be registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
The CSE has not reviewed and accepts no responsibility for the suitability or accuracy of this press release.
For more information, please contact: Robert d’Artois, Investor Relations at (604) 329-0845 bobdartois@cmxgoldandsilver.com or Jan M. Alston, president and CEO at (403) 457-2697 janalston@cmxgoldandsilver.com.
You can also visit the company’s website: www.cmxgoldandsilver.com
Cautionary Note Regarding Forward-Looking Information
Certain information contained in this press 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 from the Offering and any statements regarding the Company’s business plans, expectations and objectives. In this press release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative thereof are used to identify forward-looking information. Forward-looking information should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or when such future performance will be achieved. Forward-looking information is based on currently available information and/or the good faith of the Company’s management as 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 regarding these and other factors and assumptions underlying the forward-looking information contained in this press release, see the Company’s most recent Management’s Discussion and Analysis and financial statements and other filings by the Company with the Canadian securities commissions and the discussion of the risk factors set out therein. Such documents are available at www.sedarplus.ca under the company profile and on the company website, https://cmxgoldandsilver.com/home. The forward-looking information set forth herein reflects the Company’s expectations as of the date of this press 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.
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