CMX Announces Investor Relations Contract, Options Grant and Warrants Exercised

Executive Summary

• CMX Gold & Silver Corp. entered a one‑year promotional activities (IR) contract with Natrinova Capital Inc., paying a $42,000 base fee and granting stock options to the service provider.
• Insider and two shareholders exercised warrants for 850,000 shares at $0.10 per share, generating $85,000 in proceeds.
• The company announced a spring‑2026 geophysical survey (3‑D DCIP and Magnetotelluric) on its 100 % owned Clayton Silver Project to delineate structures and target new ore bodies for future drilling.

Key Details

• IR Contract: Effective March 1 2026, one‑year term, $3,500 monthly fee; may be extended by mutual agreement.
• Option Grants (as consideration):
• Natrinova – option to purchase 250,000 common shares.
• Stirling Merchant Capital Inc. – option to purchase 150,000 common shares.
• Terms: three‑year term; 50 % vesting immediately, remaining 50 % on first anniversary; exercise price $0.17 per share.
• Warrant Exercises:
• Insider exercised 400,000 warrants; two shareholders exercised 450,000 warrants.
• Purchase price $0.10 per share; total proceeds $85,000.
• Clayton Silver Project – Geophysical Survey (Spring 2026):
• 3‑D Direct Current Induced Polarization (DCIP) survey targeting depths ~650 ft to 2,300 ft.
• Magnetotelluric (MT) survey extending to at least 6,000 ft depth.
• Goal: delineate known structures, identify new ore bodies, and define diamond‑drilling targets.
• Historical Context & Resource Potential:
• Hole 1501‑A (mid‑1960s) intersected 22 ft of high‑grade zone at 1,425 ft depth (4.07 oz Ag/t, 5.75 % Pb, 5.37 % Zn).
• Historic production: ~7 M oz Ag from 2.15 M t mined (1934–1985); actual tonnage likely higher, indicating substantial unrecorded resource base.
• Qualified Person Review: Technical information reviewed and approved by Richard Walker, M.Sc., P.Geo., a Qualified Person under NI 43‑101.

Notable Quotes

(No direct quotes were provided in the release.)