CMX Gold & Silver adopts semi-annual reporting

• The most recent release (May 15, 2026) confirms CMX Gold & Silver Corp. has transitioned to a semi-annual financial reporting framework under Coordinated Blanket Order 51-933.
• This change exempts the company from filing interim reports for Q1 and Q3, reducing administrative burdens and costs.
• The release reiterates progress on a non-brokered private placement targeting up to $2 million in gross proceeds (8,000,000 units at $0.25).
• Proceeds are designated for geophysical surveys (DCIP/MT) and initial diamond drilling at the Clayton Silver Project in Idaho.
• Historical context confirms the project produced ~7M oz silver historically with high-grade intercepts below historic workings.

• The news is a follow-up to announcements made in January and April 2026 regarding the private placement, meaning the market has likely priced in the financing intent.
• Adoption of semi-annual reporting is generally neutral to positive for cost reduction but can signal cash flow constraints typical of junior miners reducing overhead.
• The confirmation of financing progress provides liquidity for exploration, which is essential for project advancement, but does not represent a new catalyst or surprise.
• Given the stock price has already appreciated significantly from $0.06 (May 2025) to $0.28 (May 2026), this incremental update lacks the novelty required for material positive classification.

• Company: CMX Gold & Silver Corp., a junior exploration company focused on precious metals.
• Flagship Project: Clayton Silver Project, located in the Bayhorse Mining District, central Idaho (1,028-acre land package).
• Land Tenure: Includes 29 patented mining claims and two patented mill sites (~562 acres) which carry no government royalties; plus 20 unpatented claims.
• Historical Production: Operated from 1935–1986, producing approximately 7.0 million ounces of silver along with lead, zinc, copper, and minor gold.
• Exploration Status: Planning comprehensive geophysical program (Summer 2026) followed by diamond drilling to test extensions of historic ore bodies.