CMX Announces Investor Relations Contract, Options Grant and Warrants Exercised

(TheNewswire)

Calgary, Alberta – TheNewswire - December 17, 2025 -- CMX Gold & SilverCorp. ("CMX" or the “Company”) (CSE: CXC) is expanding its marketing investor awareness program toinform potential investors about CMX and its Clayton Silver Project inIdaho, USA.  The Company entered into a one-year PromotionalActivities Contract (IR Contract) with Natrinova Capital Inc.(Natrinova) for the provision of investor relations services.  The IRcontract will commence March 1, 2026 and may be extended by mutualagreement.  The principal of Natrinova is Natalya Tatarinova, whowill be the primary provider of the investor relations services.  Ms.Tatarinova has extensive experience providing investor relationsservices to junior public companies in numerous sectors, including themining industry. She has developed a network across Canada comprisedof sophisticated investors, investment advisors, portfolio managers,and institutions interested in junior resource companies.  Natrinova will arrangemeetings with its investors for presentations by officers ofCMX.

Natrinova is an independent contractor based inVancouver, B.C. The monthly base fee under the IR Contract is $3,500,for a one-year total of $42,000.  Depending on the scope and type ofinvestor relations services provided by Natrinova, additional fees maybe charged for organizing presentations to groups of investors inmajor Canadian cities.

Natrinova and Ms. Tatarinova can be reached atnatalya@natrinovacapital.com, or(416) 315-2347.  Natrinova’s office address is 1103, 1122 GilfordStreet, Vancouver, BC V6G 2P5.  Investor relations services under theIR Contract will also be provided by Sam Grier and Stirling MerchantCapital Inc. (Stirling), based in Calgary, Alberta at 2711, 1121 6Avenue SW, Calgary, AB T2P 5J4. Mr. Grier can be reached at Sam@stirlingmci.com, or (403)512-6802.

As additional consideration under the IR Contract, CMXhas granted options under its stock option plan to Natrinova andStirling to purchase 250,000 and 150,000 common shares, respectively. The options are for a three-year term, vest one-half immediately,one-half on the first anniversary of the grant date, and areexercisable at a price of $0.17 per share.

WarrantsExercised

An insider of CMX exercised 400,000 share purchasewarrants and two shareholders exercised 450,000 share purchasewarrants for the purchase of common shares of CMX at a price of $0.10per share for aggregate proceeds of $85,000.  

The Clayton SilverProperty

CMX plans to conduct a spring 2026 geophysical surveyon its 100%-owned Clayton Silver Project located approximately 40 kmsouthwest of Challis in Custer County insouth-central Idaho, USA.  The geophysical survey will be on CMX’spatented mining claims to delineate known structures and identifypotential new ore bodies within, below and adjacent to existingunderground workings.  The survey will provide detailed subsurfacedata with which to strategically identify diamond drilling targets. The program will include a 3-D Direct Current Induced PolarizationSurvey (DCIP) for relatively shallow anomalies, targeting depths fromapproximately 650 feet (200 m) to 2,300 feet (700 m), and aMagnetotelluric Survey (MT) that will provide data to evaluate deeperpotential down to at least 6,000 feet (1,830 m).  Thedeep-penetrating MT survey has the potential to model and identify theresistivity signature of the primary source of mineralization. 

The Company’s plans for exploration programs in 2026and extending over the next several years are focused on assessing theresource potential within and adjacent to the former mine. Mineralization is hosted within structures as documented inhistorical partially mined sections and remains open along strike andto depth.  The Company also intends to expand exploration todetermine potential for additional mineralized zones in adjacentstructures within the vein system.  This will entail detailedgeophysical work and multiple drill programs.

The property comprises patented and unpatented claimsaggregating approximately 1,028 acres (416 hectares), including theformer Clayton silver-lead-zinc mine.  The Clayton Silver Mine wasdeveloped on eight levels to a relatively shallow depth of 1,100 feetbelow surface.  Two ore bodies were partially mined: the “South OreBody” and the “North Ore Body”.

The Clayton property’s significant potential isdemonstrated in hole 1501-A, drilled in the mid-1960’s, whichpenetrated the mineralized zone at 1,425 feet (434 m), approximately300 feet (91 m) below the deepest workings.  At that depth, the holeintercepted 22 feet (6.7 m) of  high-grade, polymetallic zone grading4.07 oz Ag/t, 5.75% lead and 5.37% zinc (note: true width isuncertain), confirming the potential of the ore body to extend belowthe historic workings (NI 43-101 Report dated March 7, 2013 filed onSEDAR+).

Recorded production from the Clayton Mine includedapproximately 7 million ounces Ag, along with significant amounts ofby-products lead, zinc, and copper from an estimated 2.15 milliontonnes of ore mined between 1934 and 1985 (Hillman, Bob, M.S. Thesis,June 26, 1986, Eastern Washington University).  Given that there areno records for the first decades of production, combined with gaps inthe historical production records, CMX believes it is reasonable toassume that actual mine tonnage was significantly greater than thereported 2.15 million tonnes, suggesting a substantial unrecordedresource base.

Technical and scientific information in this newsrelease was reviewed and approved by Richard Walker, M.Sc. (Geology),P.Geo., recognized as a Qualified Person under the guidelines ofNational Instrument 43-101.  Mr. Walker is an independent consultinggeologist. Readers are cautioned that historical informationreferenced in this news release is not NI 43-101 compliant but hasbeen obtained from sources that the Company believes arereliable.

The CSE has not reviewed and does notaccept responsibility for the adequacy or accuracy of this newsrelease.

For further information contact: Robert d’Artois,Investor Relations at (604) 329-0845 bobdartois@cmxgoldandsilver.com or JanM. Alston, President & C.E.O. at (403) 457-2697 janalston@cmxgoldandsilver.com.

You can also visit the Company’s Website: www.cmxgoldandsilver.com  

This news release does not constitute an offer to sellor a solicitation of an offer to buy any of the securities in theUnited States. The securities have not been and will not be registeredunder the United States Securities Act of 1933, as amended (the"U.S. Securities Act"), or any state securities laws and maynot be offered or sold within the United States or to U.S. Personsunless registered under the U.S. Securities Act and applicable statesecurities laws or an exemption from such registration is available.

Cautionary Statement RegardingForward-Looking Information

Certain information contained in this news releaseconstitutes “forward-looking information” or “forward-lookingstatements” (collectively, “forward-looking information”).Without limiting the foregoing, such forward-looking informationincludes statements regarding the process and completion of theOffering, the use of proceeds of the Offering and any statementsregarding the Company’s business plans, expectations and objectives. In this news release, words such as “may”, “would”,“could”, “will”, “likely”, “believe”, “expect”,“anticipate”, “intend”, “plan”, “estimate” and similarwords and the negative form thereof are used to identifyforward-looking information.  Forward looking information should notbe read as guarantees of future performance or results, and will notnecessarily be accurate indications of whether, or the times at or bywhich, such future performance will be achieved.  Forward-lookinginformation is based on information available at the time and/or theCompany management’s good faith belief with respect to future eventsand is subject to known or unknown risks, uncertainties, assumptionsand other unpredictable factors, many of which are beyond theCompany’s control.  For additional information with respect tothese and other factors and assumptions underlying the forward-lookinginformation made in this news release, see the Company’s most recentManagement’s Discussion and Analysis and financial statements andother documents filed by the Company with the Canadian securitiescommissions and the discussion of risk factors set out therein.  Suchdocuments are available at www.sedarplus.ca under the Company’s profile and on the Company’swebsite, https://cmxgoldandsilver.com/home.  The forward-looking information set forth herein reflects theCompany’s expectations as at the date of this news release and issubject to change after such date. The Company disclaims any intentionor obligation to update or revise any forward-looking information,whether as a result of new information, future events or otherwise,other than as required by law.

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