CMX Gold & Silver Corp. Announces Stock Option Exercises, Grants, and Promotional Activities Contract Extension

October 8, 2025 — Leads & Copy — CMX Gold & Silver Corp. (CSE: CXC) has announced the exercise of stock options, the granting of new options, and the extension of a Promotional Activities Contract.

An aggregate of 2,600,000 options were exercised at $0.10 per common share, and 4,575,000 new options were granted under the Company’s stock option plan.

Effective October 7, 2025, the Company’s President & CEO and Chief Financial Officer each exercised 1,000,000 options for settlement of a total of $200,000 of unpaid fees and advances; two directors and an officer of the Company exercised 450,000 options in settlement of the principal amount of $45,000 of debentures; and a consultant exercised 150,000 options. All of the options were exercised at a price of $0.10 for one common share of CMX.

On October 8, 2025, CMX granted stock options to three officers, two independent directors and five consultants. A total of 4,575,000 options were granted for the purchase of common shares of CMX at an exercise price of $0.10 per share.

CMX has agreed to a two-year extension of an agreement with Manuel Aldea to manage Promotional Activities for CMX. Mr. Aldea will be paid approximately $3,000 per month to a maximum of $30,000 over the first year of the extension, and $3,000 per month during the second year.

CMX's 100%-owned Clayton Silver Property is located in the mining-friendly State of Idaho, USA. The property comprises patented and unpatented claims aggregating approximately 1,028 acres in Custer County in south-central Idaho, including the former Clayton silver-lead-zinc mine.

The Company is planning work programs in 2026 and extending over the next several years to assess the resource potential within the structures related to the previously mined sections and to expand the search to determine the potential for other mineralized zones in adjacent structures.

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

Contact: Manuel Aldea, aldeamediaproductions@gmail.com or (403) 454-3663

Source: CMX Gold & Silver Corp.