Mr. Jan Alston reports

CMX ANNOUNCES PRIVATE PLACEMENTS

CMX Gold & Silver Corp. has closed non-brokered private placements for proceeds of $66,000 under an offering memorandum. A total of 660,000 units was issued at 10 cents per unit. Each unit comprises one common share and one common share purchase warrant exercisable for two years at a price of 20 cents per share. A director subscribed for 100,000 units. The funds will be applied to working capital. After the private placements, the company has 32,153,224 common shares issued and outstanding.