Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President & Director Robert Pryde was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President & Director Robert Pryde was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Nov 11
Route 109 Resources Inc., Annual General Meeting, Dec 29, 2025 Route 109 Resources Inc., Annual General Meeting, Dec 29, 2025. Aankondiging • May 29
Route 109 Resources Inc. Intersects 5.05 M at 1.03% Copper, 1.28 g/t Gold, 4947 Pp Molibdenum and 6.58 g/t Silver at Dunlop Bay Route 109 Resources Inc. announced the intersection of 5.05 m of semi-massive to disseminated sulfides returning 1.03% Cu, 1.28 g/t Au, 4947 ppm Mo and 6.58 g/t Ag from 55.10 to 60.15 m in drill hole BD-25-37 located on its Dunlop Bay West showing, in Quebec, Canada. These intersections confirm the strong potential for the property to have a copper-gold-molybdenum-silver mineralized system which is atypical for the Matagami Camp. At Dunlop Bay West: Twelve short drill holes ranging between 75 and 270 m were drilled for a total of 1,671 m. Three of the most significant results are presented below: BD-25-37 returned 5.05 m at 1.03% Cu, 1.28 g/t Au, 4,947 ppm Mo and 6.58 g/t Ag from 55.10 to 60.15 m followed by 2.75 m at 0.57% Cu, 0.96 g/t Au, 671 ppm Mo and 5.66 g/t Ag from 66.15 to 68.90 m. BD-25-38 returned 2.15 m at 1.92% Cu, 1.36 g/t Au, 551 ppm Mo and 11.58 g/t Ag. BD-25-39 returned 6.00 m at 0.41% Cu, 0.41 g/t Au, 137 ppm Mo and 5.55 g/t Ag. At Dunlop Bay North: Five holes were drilled into a new VMS discovery which will be designated as the "Clairet" Zone, a Pb-Zn-Ag mineralized zone. Two further holes were drilled at Dunlop Bay North eastern area for a total of 842 m. Best results a presented below: BD-25-27 returned 5.55 m at 1.83% Zn, 0.27% Pb, 2.69 g/t Ag. BD-25-28 returned 1.85 m at 2.29% Zn, 0.57 % Pb, 2.87 g/t Ag. New Risk • May 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$996k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$996k free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (95% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.42m market cap, or US$1.02m). Aankondiging • Sep 03
BMEX Gold Inc., Annual General Meeting, Oct 31, 2024 BMEX Gold Inc., Annual General Meeting, Oct 31, 2024. Location: british columbia, vancouver Canada Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. President & Director Robert Pryde was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Aug 08
BMEX Gold Inc. announced that it has received CAD 1.201244 million in funding On August 6, 2024, BMEX gold Inc., closed the transaction. The company issued 2,998,3000 non-flow through units at a price of CAD 0.15 per non-flow through unit for gross proceeds of CAD 449,745 and 5,009,996 flow-through units at a price of CAD 0.15 per flow-through unit for gross proceeds of CAD 751,499 for the total gross proceeds of CAD 1,201,244 . Each NFT unit and each FT unit consist of one common share and one full common share purchase warrant, with each Warrant entitling the holder thereof to acquire one additional Common Share at a price of CAD 0.20 per share until August 2, 2026. The Company paid aggregate cash finder's fees of CAD 51,359.68 to certain finders. Aankondiging • Jul 27
BMEX Gold Inc. announced that it expects to receive CAD 1.3 million in funding BMEX Gold Inc. announced a non-brokered private placement financing of units for minimum gross proceeds of CAD 300,000, and maximum gross proceeds of CAD 1,300,000 on July 26, 2024. The offering consists of 2,000,000 non-flow-through units at a price of CAD 0.15 per non-flow-through Unit for minimum gross proceeds CAD 300,000 and maximum up to 6,666,667 units at a price of CAD 0.15 per CAD 1,000,000.05, which will consist of a mix of flow-through units and NFT Units. The Offering is scheduled to close on or about August 2, 2024. In consideration for services provided with respect to the Offering, the Company may pay cash finder's fees of up to 6% of the gross proceeds of the Offering. The transaction is Subject to compliance with applicable regulatory requirements. The Offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the TSX Venture (TSXV) Exchange. Aankondiging • Jan 26
BMEX Gold Inc. announced that it has received CAD 0.17625 million in funding On January 26, 2024, BMEX Gold Inc. closed the transaction. The company issued 1,812,500 nonflow-through units at an issue price of CAD 0.02 per for gross proceeds of CAD 36,250 in the second and final tranche of the transaction. Aankondiging • Dec 15
BMEX Gold Inc. announced that it expects to receive CAD 0.9 million in funding BMEX Gold Inc. announced a non brokered private placement to issue 35,000,000 flow-through units at an issue price of CAD 0.20 per unit for the gross proceeds of CAD 700,000 and 10,000,000 non-flow-through units at an issue price of CAD 0.02 per unit for the gross proceeds of CAD 200,000; aggregate gross proceeds of CAD 900,000 on December 14, 2023. Each FT Unit consists of one common share and one-half of one common share purchase warrant with each Warrant entitling the holder thereof to acquire one additional Common Share at a price of CAD 0.05 for a period of twenty-four months from the closing date of the Offering. Each NFT Unit consists of one Common Share and one full Warrant. As consideration for services provided in connection with the Offering, the Company may pay cash finder's fees of up to 7% of the gross proceeds of the Offering. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable securities legislation. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange. Aankondiging • Oct 25
BMEX Gold Inc., Annual General Meeting, Dec 18, 2023 BMEX Gold Inc., Annual General Meeting, Dec 18, 2023. Aankondiging • Aug 30
BMEX Gold Inc. announced that it expects to receive CAD 1 million in funding BMEX Gold Inc. announced a non-brokered private placement of 14,545,454 flow-through shares at a price of CAD 0.055 per share for the gross proceeds of CAD 800,000 and 5,000,000 hard dollar units at a price of CAD 0.04 per unit for the gross proceeds of CAD 200,000 for the total gross proceeds of CAD 1,000,000 on August 29, 2023. Each hard dollar unit consists of one common share of the company and one common share purchase warrant, with each warrant entitling the holder thereof to acquire one additional common share at a price of CAD 0,055 for a period of 24 months from the closing date of the offering. All securities issued pursuant to the offering will be subject to a statutory hold period of four months from the date of issuance. The offering is subject to certain closing conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange. Aankondiging • Feb 10
BMEX Gold Inc. Announce the Results of 2022 Drilling Program Which Represented 3,013 M Drilled Amongst 14 Surveys BMEX Gold Inc. announced the results of its 2022 drilling program which represented 3,013 m drilled amongst 14 surveys. Gold values were obtained in almost every drill hole, with 15.20 g/t Au over 0.70 m intersected in Hole BD-22-07 targeting the Marcelle vein. In addition, a new gold zone was discovered with Hole BD-22-09 which intersected multiple gold-rich intervals in a previously undrilled area west of the Edith vein. Results from Hole BD-22-09 included 1.24 g/t Au over 0.60 m, 2.17 g/t Au over 0.50 m and 3.65 g/t Au over 0.50 m. The 2022 drilling program on the Dunlop Bay property was initiated to: test the surface results of the summer field campaign to test the potential continuity of the Marcelle-Rolande-Edith Gold corridor and target the conductive plates from the ground EM survey at Dunlop Bay Ouest VMS area. In the Marcelle-Rolande-Edith Gold Corridor, the heart of the Marcelle vein returned the best intercept of the campaign (BD-22-07) at a position consistent with the 3D understanding of the vein system. Hole BD-22-08 also extended the gold halo around Marcelle by 50 m southward. Hole BD-22-09 intersected a new area of gold mineralization west of the Edith vein which represents a new discovery and a major advancement for the property. Finally, the Bella vein trend was also extended by 260 m northwestward with anomalous gold intersected in Hole BD-22-11. The Dunlop Bay Ouest area drilling confirmed the potential for both base and precious metals endowment on the volcanogenic system identified during the summer 2022 field program. Hole BD-22-06 returned up to 1.02% Zn over 1.50 m and Hole BD-22-01 reported 1.06 g/t Au over 0.50 m and 1.32% Cu over 0.50 m. The conductive plates form a 900 m strike footprint, of which the western half is barely explored. Some of the largest EM plates were not tested by the 2022 drilling and comprise future drill targets. With these results BMEX is considering performing BHEM surveys to track the continuity of the system at depth and laterally. Aankondiging • Dec 22
BMEX Gold Inc. announced that it expects to receive CAD 0.7 million in funding BMEX Gold Inc. announced a private placement of flow-through shares for gross proceeds of up to CAD 700,000 on December 21, 2022. The transaction will consist of up to 9,333,334 flow-through shares at a price of CAD 0.075 per share for proceeds of up to CAD 700,000. All securities issued are subject to a hold period expiring four months from the date of issuance. As consideration for the services provided in connection with the offering, the Company will pay a finder's fee of 6% of the gross proceeds of the offering. The transaction is subject to the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange, and standard closing conditions. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Verlee Webb is the most experienced director on the board, commencing their role in 2020. Independent Director R. Bustin was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Oct 27
Bmex Gold Inc. Drills Massive Sulfides At Dunlop Bay Ouest BMEX Gold Inc. discussed the visual results of the first two holes drilled into the geophysical anomaly on Dunlop Bay Ouest. Both holes have intersected massive sulphides. The first hole (BD-22-01) was drilled to test the interpreted plate below the known plate in the heart of the known Dunlop Bay Ouest showing. Hole BD-22-01 intersected a 7.00-metre (m) stringer (STR) zone composed of Pyrite (PY), Pyrrhotite (PO), trace Chalcopyrite (CP) andtrace Galena (GN) followed by semi-massive Pyrite-Pyrrhotite-1% Chalcopyrite over 1.00 m. This intersection extends the mineralization plan of the Dunlop Bay Ouest historical showing 100 m downdip. The second hole targeted a new plate and represents a new discovery of 3.85 m of massive sulfides composed of pyrrhotite, pyrite and traces of chalcopyrite and traces of sphalerite. BD-22-02; encountered one of the most conductive electromagnetic (EM) plates at Dunlop Bay Ouest. The massive sulfide lens from hole BD-22-02 overlies 3.60 m of massive magnetite (MT) itself overlying on a package of felsic rocks. A stringer zone of 5.85 m of Pyrite-Pyrrhotite-Magnetite and traces to 1% Chalcopyrite crosscutting the felsic unit was also observed underneath the massive magnetite. Hole BD-22-02 tested EM anomaly #2 on one related 1000 Siemens plate. The new discovery is 220 m north of historical hole ME-8, which returned 6.84 g/t Au over 1.50 m on the very edge of another 1000 Siemens plate. Aankondiging • Oct 18
BMEX Gold Inc. Announces Multiple High-Grade Gold Results from the Field Campaign At Dunlop Bay BMEX Gold Inc. announced multiple high-grade gold results from the field campaign at Dunlop Bay and the start of a 3,000 m drilling program and a follow-up geological mapping, sampling and prospecting program. The summer 2022 program at Dunlop Bay returned numerous high-grade gold sample results. Of the 96 grab samples taken during program: One sample returned 300.00 g/t Au; Four samples returned greater than 100.00 g/t Au; Fourteen samples contained more than 10.00 g/t Au and; Twenty-five (25) samples contained over 1.00 g/t Au. These samples were taken from outcropping surfaces and come from three now well-defined gold-rich zones. These three main assets are: the Marcelle-Rolande-Edith veins trend, the Omala-Bella-Lun-Echo trend and the Dunlop Bay-Ouest showing. In addition to the gold rich assays, the field campaign also significantly improved the confidence in the historical drill results and other geological data. Several historical drill casings were surveyed, and the data is now included in a more robust and complete drilling database. This corridor direction is consistent with the structural analysis performed during the field campaign. A similar trend has also been interpreted between the Bella and Omala veins, which is also barely tested by drilling. Both N120 gold corridors extend for a kilometer each representing large targets for the current drill program. On the Dunlop Bay-Ouest showing, an extended ground EM (electromagnetic) survey was successfully extended southward during this past summer. The survey has led to the discovery of many new conductive anomalies. These new EM plates align along an anomalously conductive trend striking North-South and extending for over 900 metres. The EM anomalies are already known to be locally gold- bearing with historical intersection going up to 6.84 g/t Au over 1.50 m. This historical grade is associated with sulphide stringers and is located on the very edge of one of the many new conductive plates identified from the ground EM survey and new interpretation. Aankondiging • Aug 19
BMEX Gold Inc. Announces an Exploration Update on Recently Complete Field Program on the Dunlop Bay Property in the Abitibi Region, Québec, Canada BMEX Gold Inc. announced an exploration update on a recently completed field program on the Dunlop Bay Property in the Abitibi region, Québec, Canada. The program is designed to: 1) validate presence and location of historical mineralization; 2) enhance the understanding of the various structural and geological controls to help design this fall's drilling program; 3) find the continuity of existing mineralization and; 4) discovery of new showings. Previous data compilation on Dunlop Bay showing had identified high grade surface gold mineralization including the Bella (historical grab samples returned up to 273.71 g/t Au, GM 16102) and Omela veins (historical grab samples returned up to 14.46 g/t Au, GM 16102). To date, the team has identified and validated the location of most of the mineralization highlighted in the compilation of historical work including the Bella, Omela, Edith, Rollande, Venus and Galena veins. Several samples were taken on each mineralized zone and results are pending from ALS Laboratory. These veins are hosted along a WNW-trending corridor forming an approximately 2 km long highly prospective horizon for mineralization. The summer field work suggests that the structures encountered continues Eastward of the Dunlop Bay showing with a possible untested link between Bella and Omala veins. Field reconnaissance made on Dunlop Bay West showing (or Ghislau) and on westward extension along the ground Electro Magnetic (EM) survey grid led to the identification of anomalously pyritized (10-25% pyrite and minor chalcopyrite) intermediate to felsic lavas located in the environment of the detected EM anomalies 1, 2 and 3. The historical Ghislau showing was found slightly south of EM Anomaly 3, and is composed of a 2 to 3 metres thick horizon oriented N300/65 of silicified intermediate to felsic rock overlaying between two flows of hyaloclastic to flow brecciated basalts. Orientation and dip of the anomalous pyrite-rich horizon show that it could be related with conductor Anomaly 3 at depth. The Ghislau showing confirms the sulfides-rich mineralization style and the high potential of lateral continuity along the WSW trend provided by EM anomalies 1 and 2. Aankondiging • Jul 08
BMEX Gold Inc. Reviews Dunlop Bay Ground Em Survey Results and Begins Field Campaign BMEX Gold Inc. announced the final interpretation of a ground EM survey (Fixed Loop Transient Electro-Magnetic survey or FL-TDEM) performed over the Dunlop Bay Property ('Dunlop Bay" or the "Property") in the Abitibi region, Québec, Canada. This survey aimed to define drilling targets in the vicinity of the Dunlop Bay Ouest showing (also known as Ghislau showing). Three conductivity anomalies (ANO1, ANO2 and ANO3) were identified, forming an East-North-East trending conductive corridor. The Company has engaged Laurentia Exploration to complete a field program over Dunlop Bay Property. This program will be starting in July, aiming to find the continuity of existing mineralization, enhance the understanding of the various structural and geological controls over the known occurrences and discover new showings. Recent data compilation work has defined several structural trends related to the known Dunlop Bay showing, that need to be confirmed on the field. The field program will focus on confirming, locating and understanding the systems in order to generate drill targets that will be tested by a 3,000 meters program scheduled for Fall 2022. Data compilation to date also identified high grade surface gold mineralization including the Bella (historical grab samples returned up to 273.71 g/t Au) and Omela veins (historical grab samples returned up to 14.48 g/t Au). Minimal historical work has been completed on these targets and they have not been drilled. In addition, the Mont Laurier Est showing extension on BMEX ground will also be investigated during this field work season. Indeed, a recent re-interpretation of historical prospection maps and recent detailed imagery has revealed that Cu-Au-Ag rich massive sulphides can be found in this area. Finally, systematic outcrop description and mineralization sampling will be undertaken on the rest of the property, and especially around the Baie Dunlop showing to confirm the above-mentioned structural model. The King Tut Project also received an adjusted geological and structural interpretation, based on the late 2021 drilling campaign and the detailed drone-born magnetic data. A major fold hinge seems to control the location of the heart of Tut gold system; this hinge has not been drilled to the west of the known showing. Several other potential fold axis' were also interpreted on King Tut Project. Confirming these structural theories will require follow up field work, to begin late this summer. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Verlee Webb is the most experienced director on the board, commencing their role in 2020. Independent Director R. Bustin was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Apr 27
BMEX Gold Inc. Announces the Results of Its Fall 2021 Drilling Campaign At King Tut Gold Project in the Abitibi Region, Québec, Canada BMEX Gold Inc. announced the results of its Fall 2021 drilling campaign at King Tut Gold Project in the Abitibi region, Québec, Canada. Significant grades include 7.07 g/t Au over 1.00 m from drill hole TUT-21-032 in a newly discovered gold zone and 7.61 g/t g/t Au over 0.75 m within the known mineralized area from drill hole TUT-21-023. All assays from the Fall 2021 drill campaign at King Tut have been received and reported Collar coordinates and drill holes information are listed in Table 2. TUT-21-032, which returned the above-mentioned promising grades of the campaign, is located 700 m South-West from the King Tut showing, along the Main King Tut trend . This drill hole is isolated and thus defines a new gold zone on its own. Gold in TUT-21-032 is associated to a silicified tourmaline-carbonate-pyrite brecciated zone which marks the contact between relatively ductile tuffs and more competent andesite unit. Fall 2021 drill holes in the heart of the known King Tut showing delivered several similar gold-bearing geological conditions to TUT-21-032. Every drill hole along the Main King Tut Trend intersected evidence of an intense deformation corridor: intensely sheared zones, complex folding of S1 and pervasive sericite-carbonate-silica alterations, TUT-21-032 also cuts a West-South-West lineament interpreted from the magnetic susceptibility maps. Hence, this drill hole, being isolated but potentially cross-cutting two major structures and exhibiting typical gold-bearing hydrothermal mineralization known in greenstone belts, represents a highly prospective discovery for the Company. In addition to TUT-21-032's Luxor zone, gold grades were also found in TUT-21-030 which targeted the Audet-Ouest showing vicinity. TUT-21-030 intercepted 1.68 g/t Au over 1.50 m and 0.32 g/t Au over 7.50 m at 150 m East of the known surface occurrences from Audet-Ouest showing. These intersections and the historical surface gold values from the showing are aligned along a West-South-West lineament interpreted from the magnetic susceptibility maps . This lineament, from now mentioned as the Audet-Ouest trend, is unexplored and TUT-21-030 gold grades are the first drilling results over it. The rest of the Fall 2021 drilling results are located within the known King Tut showing. Following the compilation work over the Dunlop Bay Property the BMEX technical team has identified several base and precious metal trends that are summarized in. The Dunlop Bay exploration program started in April with a surface MAG-EM survey over Dunlop Bay- Ouest and interpretation. Surface prospecting, mapping and sampling is planned over the balance of the property during summer 2022, with a focus on the 'Baie Dunlop' showing and 'Mont Laurier Est' extension. The results from these two steps will be used to target a 3,000 metres drilling campaign that is planned for Fall 2022. Aankondiging • Jun 15
BMEX Gold Inc. Announces Drilling Results at its King Tut Gold Project in the Abitibi Region of Quebec, Canada BMEX Gold Inc. announced that diamond drill hole TUT-21-018 has intersected visible gold assaying 81.89 g/t Au over 0.45 metres at its King Tut Gold Project (‘King Tut’ or the ‘Project’), located in the Abitibi region of Quebec, Canada. A re-assay of the sample returned 143.79 g/t Au. All assay results for the Company's recently completed its 2020-21 drill program at King Tut have now been received. Results for drill holes TUT-21-011 to TUT-21-019. Assay results for the 19-hole, 5119-metres drill program are currently being compiled with the historic drill results as the Company continues to build a comprehensive exploration model for the Project. Recent results, especially this new high-grade interval, confirm the presence of high-grade gold system at King Tut. Upcoming work includes a drone magnetic survey this summer to support detailed geological modelling. The new exploration model will provide the basis for a targeting study ahead of a follow-up diamond drill program in the fall. Diamond drill core was logged and sampled at the Services Geologiques T-Rex Inc. facility located in Evain, Quebec. Samples consist of NQ-size core sawed in half over variable sample intervals, with one half bagged and tagged for delivery to Techni-Lab - S.G.B. Abitibi Inc., a division of Actlabs. Quality assurance and quality control protocols include the insertion of blank samples (1 every 50), certified reference material (standard) samples (1 every 50), preparation duplicates (1 every 50) and quarter core duplicates (1 every 50), in addition to the regular insertion of blank, duplicate, and standard samples accredited by the lab. Holes TUT-20-005 to TUT-21-019 were assayed for gold using standard fire assay on a 30 g fraction with atomic absorption finish, and gravimetric finish for grades above 3 g/t. Aankondiging • Mar 12
Bmex Gold Inc. Announces to Provide an Update on Its Phase 1 Program on Its King Tut Gold Project BMEX Gold Inc. is pleased to provide an update on its Phase 1 Program on its King Tut Gold Project ("King Tut" the "Project") located in the Abitibi Gold Belt in Quebec, Canada. The Company has now completed 19 holes, totaling 4,500 m. To date, results from 8 of the 19 holes have been received. Each of the holes reported today intersected a 50 m wide gold bearing structure returning dispersed mineralized intervals returning up to 3.4 g/t Au down to a vertical depth of 230 m. These holes aim to test the Authier Nord structure; an historical gold showing located on the Chicobi deformation system. Results received to date give a preliminary indication of a newly identified extensive gold target that measures approximately 400 m along strike and close to 600 m across sections and remains open in all directions. Is New 90 Day High Low • Feb 17
New 90-day low: CA$0.43 The company is down 41% from its price of CA$0.73 on 18 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 4.0% over the same period. Aankondiging • Dec 26
BMEX Gold Inc., Annual General Meeting, Feb 22, 2021 BMEX Gold Inc., Annual General Meeting, Feb 22, 2021. Is New 90 Day High Low • Dec 11
New 90-day low: CA$0.44 The company is down 20% from its price of CA$0.55 on 11 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 10.0% over the same period. Aankondiging • Nov 19
BMEX Gold Inc. Provides Drilling Update BMEX Gold Inc. is currently focused on its Phase 1 exploration program at King Tut and is waiting for assay results from the first hole. The first hole, TUT-20-001, intersected over 300 meters of strongly deformed and altered mafic volcanic sequence in contact with felsic volcanic. The intensity of deformation suggests that a major structure, can now be identified and associated with a strong iron-carbonate alteration system. The vein system shows multiple filling events associated with disseminated pyrite, and cross cutting relationships suggesting a long lasting active hydrothermal system. This context was overlooked during historical exploration phases. In addition, the Company has completed drilling the second hole, TUT-20-002, and is currently drilling TUT-20-003. Aankondiging • Nov 12
BMEX Gold Inc. Provides Progress Report on Its 4,000- Metre Drill Program at the Company's King Tut Property BMEX Gold Inc. provide a progress report on its 4,000- metre drill program ("Phase 1") at the Company's King Tut Property ("King Tut"). The first portion of the Phase 1 program consists of a 25-hole diamond drill program, approximately 2,000 metres, targeting the Authier East Zone, as well as refining historic geological models. Phase 1 uses 50-meter collar spacings over a section that has previously seen sporadic historical drilling over an approximate 400-metre lateral by 400-metre cross section area. The first holes aim to test the down dip limit of the known mineralization at approximately 150-metre vertical depth. The first Phase 1 hole (TUT-20-001) is nearing completion. Visual examination of the core indicates the following: The hole was collared in a felsic volcanic unit and passed quickly to an intensely deformed and altered mafic sequence. Remnants of fragments, small pillow lavas and feldspathic grains could correspond to andesite flows and breccia. Coarse to finely laminated structure identified in drill core corresponds to a strong ductile deformation event reaching the protomylonite level. Sharp variations of core angles and double fabrics indicate shear bands. The hydrothermal alteration assemblage is composed of varied percentages of dolomite, ankerite and micas. For most part, the alteration intensity obliterates all primary texture and can be qualified as intense deformation. Different episodes of veining can be observed throughout the intervals, mostly under the form of tectonically brecciated centimetric veins parallel to the foliation. A late tectonic phase seems to contain more pyrite with trace amounts of chalcopyrite and sphalerite as well as tourmaline and iron carbonate minerals. These veins appear to increase in number at approximately 130 metres depth. The presence of potentially mineralized alteration continues through to 200 metres depth. Aankondiging • Oct 29
BMEX Gold Inc. Launches Initial Drill Program on King Tut Property BMEX Gold Inc. announced that it has commenced a 4,000-meter, 25-hole, diamond drill program on its King Tut property located in Quebec, Canada. The first portion of Phase 1 of exploration will consist of 2,000 meters of drilling in November 2020 and focus on testing the Authier East target and refine the initial geological models developed by the BMEX technical team. The King Tut property is located in a region identified as the Abitibi Gold Belt, along the Chicobi regional fault line. This region of Canada extends from Wawa, Ontario to Val-d'Or, Quebec. It is characterized by the mineral-rich Abitibi Greenstone Belt and is an established gold mining district having produced over 100 mines, and 170 million ounces of gold since 1901. The company's exploration plans are motivated by the recent drilling of high-grade gold intercepts on the Perron deposit by Amex Exploration, located approximately 60 km away on the same fault line and demonstrating similar geological contexts. Aankondiging • Oct 11
BMEX Gold Inc. Announces Executive Changes BMEX Gold Inc. appointed Mickey Goldstein as Chief Financial Officer effective immediately. The Company thank the former CFO, Leon Ho, for his dedication and service. Ms. Goldstein has had a successful career as an assurance partner in a Vancouver public accounting firm where she provides accounting, audit, assurance, and business advisory services to both private and public companies and not-for-profit organizations. Through-out her career Ms. Goldstein has specialized in mining, technology, manufacturing, real estate and medical industries. Aankondiging • Sep 06
BMEX Gold Inc. announced that it expects to receive CAD 9.55 million in funding BMEX Gold Inc. announced brokered private placement of flow-through units and non-flow-through units for gross proceeds of up to CAD 9,550,000 on September 4, 2020. The transaction will consist of up to 6,666,666 flow-through units at a price of CAD 0.5325 per unit for proceeds of up to CAD 3,550,000, and up to 20,000,000 non-flow-through units at a price of CAD 0.30 per unit for proceeds of up to CAD 6,000,000. Each flow-through and non-flow-through unit will consist of one flow-through and non-flow-through share and one-half of one share purchase warrant. Each full warrant is exercisable at CAD 0.50 per share for a period of 18 months from closing of transaction. All securities issued are subject to a hold period expiring four months from the date of issuance. The transaction is subject to the approval of the TSX Venture Exchange, and standard closing conditions. Aankondiging • Aug 22
Meridius Resources Limited Appoints Amrik S. Virk as the CEO Meridius Resources Limited announced the appointment of Mr. Amrik S. Virk as the Company's CEO. Mr. Peter Espig will transition from the CEO role to Director. Meridius Resources Limited wishes to thank Mr. Espig for his intuitive leadership and looks forward to his continued contribution as a Director. Aankondiging • Aug 06
Meridius Resources Limited announced that it has received CAD 0.9 million in funding On July 31, 2020, Meridius Resources Limited (TSXV:MRI) closed the transaction. All securities issued in the transaction are subject to a hold period expiring on December 1, 2020. The company paid a finder's fees of CAD 5,100 to finder's in the transaction. Aankondiging • Jul 08
Meridius Resources Limited announced that it expects to receive CAD 0.72 million in funding Meridius Resources Limited (TSXV:MRI) announced a private placement of 12,000,000 units at CAD 0.06 per unit for gross proceeds of CAD 720,000 on July 6, 2020. Each unit is comprised of one common share and one half of one share purchase warrant. Each warrant will entitle the holder to acquire an additional common share of the company at an exercise price of CAD 0.15 per share for a period of one year from the closing date of the private placement.