Carmax Mining has filed documentation with the British Columbia Securities Commission to change its year end to October 31. The change in year-end is being made in order to have Carmax's year-end coincide with that of Copper Fox Metals, the Company's control block shareholder. By changing the year-end, Copper Fox will be able to consolidate its financial statements with those of Carmax as required under IFRS.
Carmax Mining is pleased to announce that it has agreed to make a non-brokered private placement of a minimum 3,000,000 flow-through units and up to a maximum 10,000,000 flow-through units of Carmax at a price of $0.05 per unit. Each unit consists of one share and one callable non flow-through share purchase warrant which allows the holder to purchase one additional share of the Company's capital stock at a price of $0.10 [...]
Carmax Mining is pleased to announce the analytical results for the last two drill holes from its 2014 diamond drilling program on its 100% owned Eaglehead copper-gold-molybdenum-silver project located in northwest British Columbia. To view the location of 2014 drill holes, visit the Carmax website at www.carmaxmining.com. Highlights for the two diamond drill holes are:
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 14, 2014) - Carmax Mining Corp. ("Carmax") - Carmax (TSX VENTURE:CXM) is pleased to announce the analytical results for the first two drill holes from its 2014 diamond drilling program on its 100% owned Eaglehead copper-gold-molybdenum-silver project located in northwest British Columbia. To view the location of 2014 drill holes, visit the Carmax website at [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 25, 2014) - Carmax Mining Corp. (TSX VENTURE:CXM) ("Carmax" or the "Company") is pleased to announce that it has closed the private placement referred to in its news releases of July 21, 2014 and September 18, 2014 respectively consisting of 3,386,078 units subscribed for by Northern Fox Copper Inc. ("Northern Fox"), a wholly owned subsidiary of Copper Fox Metals Inc. (TSX [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 18, 2014) - Carmax Mining Corp. (TSX VENTURE:CXM) ("Carmax" or the "Company") wishes to announce that the price of the private placement referred to in its news release of July 21, 2014 has been adjusted at the request of the TSX Venture Exchange. In addition, Northern Fox Metals Inc. ("Northern Fox") has opted to increase the number of additional units it is subscribing for [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 17, 2014) - Carmax Mining Corp. (TSX VENTURE:CXM) ("Carmax") is pleased to provide its shareholders with an update on the current diamond drilling program on its 100% owned Eaglehead copper-gold-molybdenum-silver located in northwest British Columbia. Highlights for the three diamond drill holes completed to date are: Highlights: Diamond drill hole DDH 0121 with a core [...]
VANCOUVER, British Columbia, Sept. 10, 2014 (GLOBE NEWSWIRE) -- As the copper markets perk up, risk-averse investors are looking to junior explorers with low political risk, good geology and strong management teams. Global X Copper Miners ETF is up 8% in 2014. Commodity analysts are anticipating a second round of stimulus from China, which is responsible for 40% of global demand. Factory activity is also expanding in the [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 2, 2014) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM) is very pleased to announce the results for the recently completed Quantec Titan-24 DCIP survey at its 100% owned Eaglehead copper-molybdenum-gold-silver project located in northwest British Columbia. To view the 3D geophysical model of the Eaglehead deposit, go to the Carmax website at [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 7, 2014) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM) is pleased to announce an update on exploration and core re-logging activities and the commencement of the 2014 diamond drilling program on the Eaglehead property. SGS Canada Inc. located in Burnaby, British Columbia has been retained to complete the preliminary metallurgical test work on samples from the East [...]
WEST VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 21, 2014) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM) is pleased to provide this update on the Summer Exploration Program currently in progress on its Eaglehead property located in northern British Columbia and other corporate activities. Highlights: The Quantec Titan-24 DCIP survey over the East, Bornite, Camp and Pass mineralized zones has been completed [...]
Carmax Mining is pleased to announce that it closed on July 9, 2014 the second and last tranche of the non brokered private placement of 24,000,000 units. The last tranche was oversubscribed by 660,000 units. All units were placed at a price of $0.05 per unit giving rise to the Company raising gross proceeds of $1,233,000. Each unit placed consisted of one share and one share purchase warrant providing the holder with the [...]