MARCH 14, 2007 - 10:17 ET
Canmex Announces Cdn $20 Million Private Placement
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 14, 2007) - Canmex Minerals
Corporation ("Canmex" or "the Company") (TSX VENTURE:CXM) reports that it has
agreed to sell, on a non-brokered, private placement basis, up to an aggregate
of 4 million common shares of the Company at a price of Cdn $5 per share for
gross proceeds of up to Cdn $20 million. A 5% finders' fee may be payable on a
portion of the private placement. The shares issued pursuant to the private
placement will be subject to a four month hold period from the date of closing.
Net proceeds of the private placement will be used towards the Company's
proposed work program on the Nogal and Dharoor oil exploration projects in
Puntland, Somalia as well as for general working capital purposes. The private
placement is subject to regulatory approval.
Pursuant to Venture Agreements entered into by Canmex and Range Resources
Limited on March 4, 2007, Canmex has acquired an 80% participating interest in
the licenses and operatorship of the Nogal and Dharoor projects, in
consideration for a financial commitment, over a six year period, of
approximately US$50 million in exploration expenditures and the payment to Range
of an additional US$3.5 million upon commencement of commercial production. The
TSX Venture Exchange has conditionally approved the acquisition of the 80%
participating interest by Canmex, subject only to the filing of final
documentation.
A comprehensive exploration work program is proposed in respect of each of the
two exploration areas, which will include:
a) Geological fieldwork;
b) Acquisition of surface high resolution geochemical surveys;
c) Reprocessing of prior 2D seismic (up to an aggregate of 1,000 line km);
d) Review and integration of all geophysical and geological data; and
e) Drilling of four exploratory wells.
The rights and obligations of Range and Canmex in respect of the Nogal and
Dharoor projects are governed by the Venture Agreements and by the terms of the
Operating Agreements entered into by the parties in respect of each of the two
exploration areas.
Forward-looking statements: This press release contains statements about
expected or anticipated future events and financial results that are
forward-looking in nature and, as a result, are subject to certain risks and
uncertainties, such as political risk, general economic, market and business
conditions, the regulatory process and actions, technical issues, new
legislation, competitive and general economic factors and conditions, the
uncertainties resulting from potential delays or changes in plans, the
occurrence of unexpected events and management's capacity to execute and
implement its future plans. Actual results may differ materially from those
projected by management.
ON BEHALF OF THE BOARD
Rick Schmitt, President
CONTACT INFORMATION
Canmex Minerals Corporation
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
JANUARY 23, 2007 - 09:00 ET
Canmex Announces Formal Signing of Production Sharing Agreement in Puntland,
Somalia
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 23, 2007) - Canmex Minerals
Corporation ("Canmex" or "the Company") (TSX VENTURE:CXM) is pleased to announce
the formal signing of the Puntland Production Sharing Agreement ("PSA") between
the Government of Puntland, Range Resources Limited ("Range") and Canmex.
The agreements cover highly prospective basins in the Nogal and Dharoor Valleys
in the state of Puntland in northern Somalia. The Nogal and Dharoor basins are
considered world-class exploration plays with a petroleum system geologically
similar to and formerly contiguous with those within the Republic of Yemen.
Pursuant to a Memorandum of Understanding signed between Canmex and Range,
Canmex has the right to acquire an 80% interest in the licenses and operatorship
of the Nogal and Dharoor projects in consideration for the financial commitment
over a six year period of US$50 million in exploration expenditures and the
payment to Range of an additional US$3.5 million upon commencement of commercial
production.
A comprehensive exploration work program is proposed in respect of each
exploration area, which will include:
a) Geological fieldwork;
b) Acquisition of surface high resolution geochemical surveys;
c) Reprocessing of prior 2D seismic (up to an aggregate of 1,000 line km);
d) Review and integration of all geophysical and geological data; and
e) Drilling of four exploratory wells (over the first (minimum two) and second
exploration periods for both areas).
The PSA signing was attended by His Excellency, Puntland President Hersi,
Director General of the Puntland Energy and Mineral Resource Agency, Hassan
Mohamoud, Range executives and Canmex President and CEO Richard Schmitt.
His Excellency President Hersi commented, "Range and Puntland have been working
together in the past few years and I am very happy with that, Canmex has worked
with Range and I am very happy with the deal. I honestly believe our country is
rich in natural resources and it requires people to do the work. The big oil
companies were previously all exploring in my country 20 years ago when I was
the Governor of the area and believe an oil discovery was near. I have heard
good things about Canmex and the people involved and I look forward to the
commencement of work as soon as possible. Puntland has always been secure and it
looks like the other parts of the country are now settling down. I am sure that
you (Range and Canmex) will succeed."
Rick Schmitt, President of Canmex, commented, "We very much look forward to
working in the State of Puntland for years to come and greatly appreciate the
warm, professional hospitality extended to us. The signing of the PSA represents
the passing of a major milestone towards beginning our work program on these
truly world-class exploration assets and we look forward to great success."
Range Resources Managing Director Mike Povey commented, "Since Range's first
involvement, the company has been aware that in order to explore successfully
for hydrocarbons in Puntland, it required a joint venture partner with a strong
technical team, solid financial backing and preferably experience in the region.
In Canmex and the personnel involved with the company I believe we have found an
ideal partner to aggressively progress the exploration effort. The signing of
the Production Sharing Agreement marks the beginning of a partnership between
the Puntland Government, Range and Canmex. I am pleased that the joint venture
negotiations have progressed rapidly and resulted in an agreement that all
parties are happy with and that the exploration commitment made by Canmex
hopefully will result in the discovery of large commercial quantities of oil
that can be developed for the benefit of the Somali people. I and the rest of
the Board look forward to working with Canmex and extending our relationship
with them and the Puntland Government in what should be a very exciting time
over the next few years."
The foregoing transactions are subject to a number of conditions including
negotiation and finalization of definitive binding agreements between Canmex and
Range, including a Joint Operating Agreement and binding agreements among Canmex
and Range and the Ministry of Energy of Puntland and all requisite regulatory
approvals.
In respect of the conflict in southern Somalia, the Company is closely
monitoring events but at this stage, can advise that the hostilities have not
affected to date the Company's activities in the state of Puntland located in
northern Somalia.
Forward-looking statements: This press release contains statements about
expected or anticipated future events and financial results that are
forward-looking in nature and, as a result, are subject to certain risks and
uncertainties, such as political risk, general economic, market and business
conditions, the regulatory process and actions, technical issues, new
legislation, competitive and general economic factors and conditions, the
uncertainties resulting from potential delays or changes in plans, the
occurrence of unexpected events and management's capacity to execute and
implement its future plans. Actual results may differ materially from those
projected by management.
ON BEHALF OF THE BOARD
Rick Schmitt, Director
To view the accompanying map, please click on the following link:
http://www.ccnmatthews.com/docs/cxm0123.jpg
JANUARY 2, 2007 - 19:36 ET
Canmex Announces Puntland Parliament Approves Production Sharing Agreement
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 2, 2007) - Canmex Minerals
Corporation ("Canmex" or "the Company") (TSX VENTURE:CXM) is pleased to announce
that the Parliament of Puntland has unanimously approved the proposed Production
Sharing Agreement between the Company, Range Resources Limited and the Puntland
Government.
As announced on October 11, 2006, Canmex signed a non-binding Memorandum of
Understanding ("MOU") to acquire an interest in licenses covering the highly
prospective Nogal and Darin basins in the state of Puntland in northern Somalia.
The Nogal and Darin basins are considered world-class exploration plays with a
petroleum system geologically similar to and formerly contiguous with those
within the Republic of Yemen.
Pursuant to the MOU, Canmex has the right to acquire an 80% interest in the
licenses and operatorship thereof in exchange for: (i) the financial commitment
over an initial four year period of US$50 million in exploration expenditures;
and (ii) the payment to Range of an additional US$3.5 million upon commencement
of commercial production. Completion of the transactions contemplated in the MOU
remains subject to a number of conditions, including: (i) the successful
completion of technical and legal due diligence by Canmex; (ii) negotiation and
finalization of definitive binding agreements between Canmex and Range,
including a Joint Operating Agreement and binding agreements among Canmex and
Range and the Ministry of Energy of Puntland; and (iii) all requisite
governmental, regulatory and other consents including those required in Puntland
and the Somali Republic.
With the Production Sharing Agreement now approved by the Puntland Parliament,
Canmex and Range expect to finalize their joint venture arrangements in the near
future.
In respect of the conflict in southern Somalia, the Company is closely
monitoring events but at this stage, can advise that the hostilities have not
affected to date the Company's activities in the state of Puntland located in
northern Somalia.
Forward-looking statements: This press release contains statements about
expected or anticipated future events and financial results that are
forward-looking in nature and, as a result, are subject to certain risks and
uncertainties, such as political risk, general economic, market and business
conditions, the regulatory process and actions, technical issues, new
legislation, competitive and general economic factors and conditions, the
uncertainties resulting from potential delays or changes in plans, the
occurrence of unexpected events and management's capacity to execute and
implement its future plans. Actual results may differ materially from those
projected by management.
ON BEHALF OF THE BOARD
Rick Schmitt, Director
NOVEMBER 29, 2006 - 12:33 ET
Canmex Announces Third Quarter 2006 Results
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 29, 2006) - Canmex Minerals
Corporation ("Canmex" or "the Company") (TSX VENTURE:CXM) is pleased to announce
the results of the third quarter ended September 30, 2006 in which it continued
to evaluate international oil and gas opportunities.
As of September 30, 2006, the Company reports working capital of $6.8 million,
including $3.5 million of cash and $3.3 million of short term deposits. A net
loss of $20,217 is reported for the nine month period ended September 30, 2006.
The Company continues to work toward concluding definitive agreements governing
its proposed acquisition of an 80% interest in licenses covering the highly
prospective Nogal and Darin basins in the state of Puntland in northern Somalia.
The previously announced appointment of Ian Gibbs to the Company's Board of
Director's will be subject to shareholder approval at the Company's next Annual
General Meeting.
The unaudited financial statements, notes and MD&A will be available for viewing
on SEDAR (www.sedar.com).
ON BEHALF OF THE BOARD
Richard Schmitt, President and CEO
OCTOBER 17, 2006 - 15:58 ET
Canmex Appoints Richard Schmitt as President and CEO
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 17, 2006) - Canmex Minerals
Corporation ("Canmex" or "the Company") (TSX VENTURE:CXM) is pleased to announce
the appointment of Mr. Richard Schmitt as President and CEO of the Company. Mr.
Schmitt brings over 29 years of diverse international experience in the upstream
oil and gas industry with expertise in exploration, exploitation, operations,
new ventures and demonstrated strength in strategic planning and negotiations.
Mr. Schmitt obtained a B.Sc. Hon. in geological sciences from the University of
Aston and has held senior management positions with Occidental Petroleum,
Canadian Occidental and Clyde Petroleum, among others. Mr. Schmitt has spent a
significant part of his career managing and developing projects in the prolific
oil basins of Yemen and his expertise and experience in this region will be of
great benefit to Canmex as the Company pursues a major oil exploration program
in Puntland, Somalia, an area geologically and structurally similar to Yemen
but, as of yet, virtually unexplored.
In addition, Mr. Keith Hill, formerly President of Valkyries Petroleum Corp.
will be joining the Board. As well, Mr. Ian Gibbs, formerly Chief Financial
Officer of Valkyries Petroleum Corp., will be joining the Board and has been
appointed Chief Financial Officer of Canmex. Mr. Lukas Lundin will step down as
a Director and President.
ON BEHALF OF THE BOARD
J. Cameron Bailey, Director
OCTOBER 16, 2006 - 19:15 ET
Canmex Corporate Update
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 16, 2006) - Canmex Minerals
Corporation ("Canmex" or "the Company") (TSX VENTURE:CXM) reports that it has
granted incentive stock options to certain directors and officers of the Company
and other eligible persons. The options entitle such persons to purchase up to
an aggregate of 670,000 common shares of Canmex at a price of Cdn $3.43 over a
period of three years. The option grant is subject to all requisite regulatory
approvals.
ON BEHALF OF THE BOARD
J. Cameron Bailey, Director
Canmex Minerals Corporation
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
OCTOBER 11, 2006 - 20:40 ET
Canmex Signs MOU to Acquire Interest in Two Oil and Gas Prospects in Puntland,
Somalia
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 11, 2006) - Canmex Minerals
Corporation ("Canmex" or "the Company") (TSX VENTURE:CXM) is pleased to announce
that it has signed a non-binding Memorandum of Understanding ("MOU") to acquire
an 80% interest in licenses covering the highly prospective Nogal and Al Medo/Darin
basins in the state of Puntland in northern Somalia. The Nogal and Al Medo/Darin
basins are considered world-class exploration plays with a petroleum system
identical to and formerly contiguous with those within the Republic of Yemen. To
view map please click on the following link:
http://www.ccnmatthews.com/docs/CXM1011.jpg.
The Yemeni basins, after 20 years of exploration and development drilling, are
known to contain in excess of nine billion barrels of oil equivalent reserves
with current production of over 400,000 barrels of oil per day. Most production
has been from Lower Cretaceous Qishn sandstone reservoirs sourced by Upper
Jurassic Madbi Shales. In Yemen, between 1994 and 2006, there was an average
discovery size of 96 MMBOE recoverable reserves with a discovery success rate of
23%.
Somalia, part of the same land mass as Yemen prior to rifting in the Gulf of
Aden, is a virtually unexplored territory, with only 60 wildcats in some 580,000
km2 of sedimentary basins, 11 oil and gas discoveries, and a wildcat success
rate that is comparable with the best oil provinces in the world. Mature,
oil-prone source-rocks combined with multiple reservoir rocks and structures
occur in a variety of geological settings. The sedimentary basins within the
acreage covered under the MOU are identical to the productive oil basins of
Yemen.
The MOU has been signed with Range Resources Ltd. ("Range"), a public company
listed on the Australian Stock Exchange. Canmex and Range are at arm's length.
Pursuant to the MOU, Canmex has the right to acquire an 80% interest in the
licenses and operatorship thereof in exchange for: (i) the financial commitment
over an initial four year period of US$50 million in exploration expenditures;
and (ii) the payment to Range of an additional US$3.5 million upon commencement
of commercial production. Completion of the transactions contemplated in the MOU
is conditional upon: (i) the successful completion of technical and legal due
diligence by Canmex; (ii) negotiation and finalization of definitive binding
agreements between Canmex and Range, including a Joint Operating Agreement and
binding agreements among Canmex and Range and the Ministry of Energy of
Puntland, including a Production Sharing Agreement; and (iii) all requisite
governmental, regulatory and other consents including those required in Puntland
and the Somali Republic.
The acreage that is covered by the MOU is currently licensed to Range under a
Contract of Work (CoW) issued under the authority of the Puntland State
Government and includes both hydrocarbon and mineral rights. The Transitional
Federal Government ("TFG") of Somalia recognizes the State of Puntland and has
recently endorsed the Range CoW and the proposed Range/Canmex partnership.
Discussions have commenced with the Puntland State Government to agree upon
terms for a Production Sharing Agreement over the Nogal and Al Medo Basin
hydrocarbon concessions.
Forward-looking statements: This press release contains statements about
expected or anticipated future events and financial results that are
forward-looking in nature and, as a result, are subject to certain risks and
uncertainties, such as general economic, market and business conditions, the
regulatory process and actions, technical issues, new legislation, competitive
and general economic factors and conditions, the uncertainties resulting from
potential delays or changes in plans, the occurrence of unexpected events and
management's capacity to execute and implement its future plans. Actual results
may differ materially from those projected by management.
ON BEHALF OF THE BOARD
J. Cameron Bailey, Director
SEPTEMBER 7, 2005 - 15:57 ET
Canmex Minerals Corporation: Private Placement Closed
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 7, 2005) - Canmex Minerals
Corporation (TSX VENTURE:CXM) (the "Company") reports that the private placement
announced on August 17, 2005 has closed. The Company sold on a non-brokered,
private placement basis, 4 million units of the Company at a price of Cdn $0.80
per unit for arms-length investors and a price of $1.00 per unit for non-arms
length investors. Total gross proceeds raised were Cdn $3.2 million.
Each unit consists of one common share and one share purchase warrant. Each
warrant is exercisable into one common share over a period of one year at a
price of Cdn $1.00 per share. However, in the event the closing price of the
Company's shares is Cdn $2.00 for 10 consecutive trading days following the
expiry of the initial 4 month hold period then the warrants shall expire 10
trading days from such event. The 4 month hold period expires on January 6,
2006. The net proceeds of the private placement will be used for general working
capital purposes.
The private placement has received regulatory approval and the securities have
now been issued to the investors.
ON BEHALF OF THE BOARD
Lukas H. Lundin, President
AUGUST 17, 2005 - 18:40 ET
Canmex Minerals Corporation: Private Placement
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 17, 2005) - Canmex Minerals
Corporation (TSX VENTURE:CXM) (the "Company") reports that it has agreed to sell
on a non-brokered, private placement basis up to an aggregate of 4 million units
of the Company at a price of Cdn $0.80 per unit for gross proceeds of Cdn $3.2
million. Each unit shall consist of one common share and one share purchase
warrant. Each warrant will be exercisable into one common share over a period of
one year at a price of Cdn $1.00 per share. However, in the event the closing
price of the Company's shares is Cdn $2.00 for 10 consecutive trading days
following the expiry of the initial 4 month hold period, then the warrants shall
expire 10 trading days from such event. The net proceeds of the private
placement will be used for general working capital purposes.
The foregoing private placement is subject to regulatory approval.
ON BEHALF OF THE BOARD
Lukas H. Lundin, President
NEWS RELEASE TRANSMITTED BY
CCNMatthews
FOR: CANMEX MINERALS CORPORATION
TSX VENTURE SYMBOL: CXM
AUGUST 22, 2002 - 17:39 EDT
Canmex Minerals Corporation: Private Placement Closed
VANCOUVER, BRITISH COLUMBIA--(CXM - TSX Venture) ... Canmex Minerals Corporation
(the "Company") reports that it has completed the previously announced private
placement of 1.7 million shares of the Company at a price of $0.30 per share for
gross proceeds of $510,000.
The Company has received regulatory acceptance of the private placement and the
securities have now been issued to the investors. Net proceeds of the
private placement will be used for general working capital purposes.
ON BEHALF OF THE BOARD
Lukas H. Lundin, President
NEWS RELEASE TRANSMITTED BY
CCNMatthews
FOR: CANMEX MINERALS CORPORATION
CDNX SYMBOL: CXM
MAY 8, 2002 - 19:03 EDT
Canmex Minerals Corporation: Incentive Stock Option
Amendment
VANCOUVER, BRITISH COLUMBIA--Canmex Minerals Corporation (the "Company")
announces an amendment to the grant of incentive stock options as announced on
May 1, 2002. The exercise price of the options has been increased
from $0.37 per share to $0.44 per share and the number of options granted has
been increased from 192,000 to 193,000. All other terms of the incentive
stock option agreements remain unchanged.
The foregoing is subject to all requisite regulatory approvals.
ON BEHALF OF THE BOARD
Lukas H. Lundin, President
NEWS RELEASE TRANSMITTED BY
CCNMatthews
FOR: CANMEX MINERALS CORPORATION
CDNX SYMBOL: CXM
MAY 1, 2002 - 19:19 EDT
Canmex Minerals Corporation: Private Placement
VANCOUVER, BRITISH COLUMBIA--(CXM - TSX Venture) ... Canmex Minerals Corporation
(the "Company") announces that it has agreed to sell, on a private placement
basis, up to an aggregate of 1.7 million shares in the capital stock of the
Company at a price of $0.30 per share for gross proceeds of $510,000. Net
proceeds of the private placement will be used for working capital purposes.
In addition, Canmex proposes to issue 959,260 shares of the Company on the basis
of $0.30 per share to settle outstanding debt of $287,778 owing to an associate
of the President of the Company.
The Company also announces that it has granted incentive stock options to
certain directors, officers and employees of the Company, entitling the
optionees to purchase up to 192,000 shares of the Company at a price of $0.37,
exercisable over a two year period expiring April 29, 2004. The exercise
price is based on the closing price of the Company's shares as traded on the TSX
Venture Exchange on the trading day immediately preceding the date of grant.
The foregoing is subject to all requisite regulatory and shareholder approvals.
ON BEHALF OF THE BOARD
Lukas H. Lundin, President
NEWS RELEASE TRANSMITTED BY
CCN - A NEWSWIRE SERVICE OF
ITG
FOR: CANMEX MINERALS CORPORATION
CDNX SYMBOL: CXM
JUNE 1, 2000
Canmex Minerals Corporation: Corporate Update
VANCOUVER, BRITISH COLUMBIA--Canmex Minerals Corporation (the "Company") reports
that the previously announced letter of understanding to acquire all
outstanding shares of privately-owned Vir-Tec TeleServices Inc. ("Vir-Tec") has
been terminated as no agreement was concluded between the parties involved.
In addition, the previously announced private placement of up to 2.3 million
units at $0.32 per unit will not be completed.
Trading of the shares of Canmex is expected to resume shortly.
ON BEHALF OF THE BOARD
Lukas H. Lundin, President
NEWS RELEASE TRANSMITTED BY
CANADIAN CORPORATE NEWS
FOR: CANMEX MINERALS CORPORATION
CDNX SYMBOL: CXM
MARCH 21, 2000
Canmex Minerals Announces Letter Of Understanding To
Acquire Vir-Tec TeleServices
VANCOUVER, BRITISH COLUMBIA--Canmex Minerals Corporation
("Canmex") announces that it has entered into an arm's length
letter of understanding to acquire all outstanding shares of
privately-owned Vir-Tec TeleServices Inc. ('Vir-Tec") for common
shares of Canmex. The transaction will result in the issue of
approximately 23.4 million shares of Canmex resulting in a change
of control of Canmex.
Vir-Tec is a leading provider of bundled telecommunications across
Canada with annualized revenues of approximately $10 million and a
base of approximately 12,000 customers. The Corporation has
implemented a flexible convergent billing system capable of
billing comprehensive bundles of telecommunications and other
complementary services on a single bill through one data base. The
Corporation has recently expanded its telecommunication offerings
to include wireless cellular service across Canada and intends to
launch a national internet service offering and local service
offering by June 2000.
Vir-Tec's objective over the next year is to offer "one stop
shopping" for residential and small and medium sized businesses
across Canada by increasing its bundled service offering to
include complementary services including high speed internet
service, data transmission services, security monitoring and
utility services such as electrical and natural gas service.
Lukas H. Lundin, President of Canmex, commented on the agreement
to purchase the Corporation, "Vir-Tec is an emerging
telecommunications company and we see a great fit with the
intended direction of Canmex."
Vir-Tec currently operates under the name Regare Corporation and
intends to change its legal name to Regare Corporation at its next
annual shareholder meeting scheduled for June 2000. The name
Regare is derived from the Latin word "Aggregare" which means "to
bring together, or collect" reflecting both the Corporation's
objective to gather together a comprehensive suite of bundled
services on one bill as well as the Corporation's acquisition
strategy of consolidating other single service offering providers
in the market place. The Corporation's website is located at
www.regare.com.
Completion of the transaction is subject to a number of conditions
including, but not limited to, approval of the Canadian Venture
Exchange and shareholder approval. The transaction cannot close
until the required shareholder approval is obtained. There can be
no assurance that the transaction will be completed as proposed or
at all.
ON BEHALF OF THE BOARD
Lukas H. Lundin, President
NEWS RELEASE TRANSMITTED BY
CANADIAN CORPORATE NEWS
FOR: CANMEX MINERALS CORPORATION
CDNX SYMBOL: CXM
FEBRUARY 11, 2000
Canmex Minerals Corporation Corporate Update
VANCOUVER, BRITISH COLUMBIA--Canmex Minerals Corporation (the "Company") reports
that the Company is continuing to review projects in the internet/technology
sector for possible acquisition. The Company is conducting due diligence
on several business-to-business projects in telecommunications, on-line
education and other areas which are expected to be high-growth sectors in
e-commerce. No negotiations have been entered into at this time.
ON BEHALF OF THE BOARD
"Lukas H. Lundin", President
NEWS RELEASE TRANSMITTED BY
CANADIAN CORPORATE NEWS
FOR: CANMEX MINERALS CORPORATION
CDNX SYMBOL: CXM
JANUARY 6, 2000
Canmex Minerals Corporate Update
VANCOUVER, BRITISH COLUMBIA--Canmex Minerals Corporation (the "Company") reports
that the Company is continuing to review projects in the internet/technology
sector for possible acquisition. No negotiations have been entered into at
this time.
ON BEHALF OF THE BOARD
Lukas H. Lundin, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Canmex Minerals Corporation
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
| Business e-mail
address: |
kathyl@namdo.com
|
| Telephone
Number: |
604 689-7842 |
| Fax Number: |
604 689-4250 |
| Date of
Formation: |
Mar 29 1993 |
| Governing
Jurisdiction: |
British Columbia |
| Industry
Classification: |
junior natural
resource - mining |
Sources:
US$50m Canmex Joint Venture Completion
Daabaco
Boggan | Print
