| Canamex Announces Closing of Cdn$194,231 Debt Settlement | |
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(September 22, 2015) - Canamex Resources Corp. (TSX-V: CSQ) (FSE: CX6) announces that on September 21, 2015 it received acceptance from the TSX Venture Exchange to close its debt settlement announced in its News Release dated September 3, 2015.
In accordance with the provisions of Debt Settlement Agreements and to settle a total of $194,231 outstanding debt, on September 22, 2015 the Company issued:
- a total of 2,287,675 common shares to non arms'-length creditors at a deemed price of Cdn$0.05 per share; and
- a total of 1,596,951 Units to an arm's-length creditor at a deemed price of Cdn$0.05 per Unit, each Unit being comprised of one common share and one warrant, each warrant being exercisable at Cdn$0.07 per share on or before September 21, 2020.
All of these shares, together with any shares that may be issued on exercise of the warrants, will be subject to a hold period under applicable Canadian securities laws expiring on January 23, 2016, and will be subject to such further restrictions on resale as may apply under applicable foreign securities laws.
On behalf of the Board of Directors
SIGNED: "Mark Billings"
Mark Billings, CEO
Contact: (514) 296-1641
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Canamex Resources Corp.
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EXPLORATION STAGE |
CODE : CSQ.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Canamex Resources is a gold exploration company based in Canada. Its main exploration property is BRUNER GOLD DEPOSIT in USA. Canamex Resources is listed in Canada. Its market capitalisation is CA$ 9.8 millions as of today (US$ 7.6 millions, € 6.4 millions). Its stock quote reached its lowest recent point on October 09, 2009 at CA$ 0.01, and its highest recent level on July 27, 2012 at CA$ 0.44. Canamex Resources has 61 370 000 shares outstanding. |