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Canamex Resources Corp

Canamex Gold grants incentive stock options to buy 3.32 million shares

The miner is also active in blockchain, having signed an agreement last year with Oslo, Norway-based Harmonychain

Gold bars and the Canadian flag
Canamex says it's moving toward permitting and development at the Bruner gold and silver project in Nevada

Canamex Gold Corp (CNSX:CSQ) (OTCMKTS:CNMXF) has granted incentive stock options to purchase a total of 3.32 million common shares at an exercise price of C$0.06 per share.

The Vancouver-based mining company said in a press release Friday that the options were granted to directors, officers and consultants under its stock option plan.

Shares of Canamex closed at C$0.05 in Friday’s Canadian trading.

READ: Canamex Gold launches new SILVERUSA Ethereum token offering

Canamex is also active in blockchain, having signed an agreement last year with Oslo, Norway-based Harmonychain AS for ethereum blockchain cryptographic security tokens. The tokens, assets backed by gold and silver royalties and metal streams, are an alternative means of raising capital, potentially without equity dilution, according to Canamex.

In October, Canamex launched a security token offering (STO) of SILVERUSA Ethereum ERC20 tokens.

The company added in the press release that it's moving toward permitting and development at the Bruner gold and silver project in Nye County, Nevada, after completing in 2016 what it said was a positive preliminary economic assessment.

A second asset for Canamex is the Silverton property, a gold exploration project in Nevada. According to the company, the project has geological similarities to the Long Canyon deposit in Nevada, which is being mined by Newmont Mining Corp (NYSE:NEM).

 

Contact Dennis Fitzgerald at [email protected]

Quick facts: Canamex Resources Corp

Price: $0.04

Market: CSE
Market Cap: $2.46 m
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Canamex Gold Corp announce GoldUSA and SilverUSA crypto security tokens

Canamex Gold Corp (CSE:CSQ) CEO David Vincent and Malta Digital Exchange Executive Chairman Rick Klink joined Steve Darling of Proactive Investors on Skype to talk about Canamex offering security tokens backed by gold and silver royalties and metal streams. Canamex is now exploring the...

on 10/29/2018

2 min read