Mr. Jan Alston reports

CMX ANNOUNCES PROMOTIONAL ACTIVITIES CONTRACT, GRANT AND EXERCISE OF OPTIONS, EXERCISE OF WARRANTS

CMX Gold & Silver Corp. has entered into an agreement with Manuel Aldea to manage promotional activities for CMX Gold. The promotional activities to be undertaken by Mr. Aldea will include revising the issuer's branding in its marketing materials and website and creating search engine optimization to increase the organic reach of the issuer on social media platforms.

Mr. Aldea is an independent contractor based in Calgary, Alta., and can be reached at aldeamediaproductions@gmail.com or 403-454-3663. The agreement is for a term of two years, unless after six months, either party terminates the contract on 30 days written notice. Mr. Aldea will be paid approximately $3,000 per month to a maximum of $60,000 over the two-year term of the agreement. As additional consideration under the promotional activities agreement, the company has granted Mr. Aldea options under its stock option plan for the purchase of 300,000 common shares of CMX Gold at a price of 10 cents per share, exercisable during the two-year period of the agreement. The first 150,000 options will vest on the first day of the agreement, and the second 150,000 options will vest on the one-year anniversary of the date of the agreement.

A consultant has exercised stock options for the purchase of 91,500 common shares of CMX Gold at a price of 10 cents per share. In addition, the company's chief financial officer has exercised 200,000 share purchase warrants at 10 cents per share, and the spouse of the chief executive officer has exercised 100,000 share purchase warrants exercisable at 10 cents per share.

About the Clayton silver project

CMX Gold's 100-per-cent-owned Clayton silver property is in Custer county, south-central Idaho, a mining-friendly state. The 1,131-acre property includes the former Clayton silver-lead-zinc mine on patented claims. The Clayton mine was developed on eight levels to a depth of 1,100 feet below surface and is composed of approximately 19,690 feet of underground development. Two major orebodies were partially mined: the South orebody and the North orebody.

Recorded production from the Clayton mine included 7,031,110 ounces silver, 86,771,527 pounds lead, 28,172,211 pounds zinc, 1,664,177 pounds copper and minor amounts of gold from an estimated 2,145,652 tonnes of ore mined between 1934 and 1985 (Bob Hillman, MS thesis, June 26, 1986, Eastern Washington University).

Very little exploration has been carried out previously on the property. Significant potential is demonstrated in hole 1501-A, drilled in the mid-1960s, which penetrated the mineralized zone at 1,425 feet. At that depth, the hole intercepted 22 feet of mineralization grading 4.07 ounces (126 grams per tonne) silver, 5.75 per cent lead and 5.37 per cent zinc (note that true width is unknown).

Technical and scientific information in this news release was reviewed and approved by Richard Walker, MSc (geology), PGeo, recognized as a qualified person under the guidelines of National Instrument 43-101. Readers are cautioned that historical information referenced in this news release is not National Instrument 43-101 compliant but has been obtained from sources that the company believes are reliable.

We seek Safe Harbor.