Canex Metals Inc. Reports Outcomes of Annual & Special Meeting
Canex Metals Inc. (TSX.V: CANX) announced on October 30, 2025 that its Annual & Special Meeting was held in Calgary, Alberta. The meeting confirmed the re‑election of five board members: Shane Ebert, Jean‑Pierre Jutras, Lesley Hayes, Gregory Hanks and Blair Schultz. Shareholders also approved the following corporate actions:
| Item | Decision |
|---|---|
| Board size | Fixed at five directors |
| Audit firm | Appointment of BDO Canada LLP |
| Stock option plan | Ratification of the existing plan |
The meeting further highlighted the company’s focus on advancing its 100 % owned Gold Range Project in Northern Arizona. The project hosts several near‑surface bulk‑tonnage gold discoveries within a 4 km mineralized trend, positioning it as a compelling early‑stage opportunity. In addition, Canex continues to develop the Louise Copper‑Gold Porphyry Project in British Columbia, which contains a large historic copper‑gold resource that has seen limited deep or lateral exploration.
No changes to the company’s financial statements were disclosed at the meeting. The announcement was issued through the Access Newswire service and reported by multiple news outlets, including Finanznachrichten.de and Wallstreet‑Online.de.
Company Overview
Canex Metals Inc. is a junior exploration company headquartered in Calgary, Canada. The company’s strategy centers on identifying, acquiring, and developing gold and silver mining projects primarily in North America. It is listed on the TSX Venture Exchange and trades in Canadian dollars. As of October 28, 2025, the closing price of Canex shares was CAD 0.10, with a 52‑week high of CAD 0.18 (September 24, 2025) and a 52‑week low of CAD 0.03 (December 17, 2024). The market capitalization stands at approximately CAD 14.7 million.
Market Context
Canex’s activities are typical of junior exploration firms that target early‑stage, high‑potential mineral deposits. The company’s Gold Range Project and Louise Porphyry Project represent the core of its portfolio, with the former offering near‑surface gold discoveries and the latter presenting a historic copper‑gold resource yet to be extensively explored. The re‑appointment of a stable board and the ratification of the stock option plan underscore management’s confidence in the company’s exploration strategy.
