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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 27, 2012) - Canamex Resources Corp. ("Canamex" or the "Company") (TSX VENTURE:CSQ)(OTCQX:CNMXF)(FRANKFURT:CX6) announces further to its News Release dated December 18, 2012, that pursuant to an Ancillary Rights Agreement dated November 21, 2012 (the "AR Agreement") with Hecla Canada Ltd. ("Hecla") it has closed an equity financing pursuant to which Hecla, a wholly-owned Canadian subsidiary of Hecla Mining Company, acquired 141,911 common shares (the "Shares") of the Company at a price of $0.15 per share for total proceeds of $21,286.65 on a private placement basis (the "Financing"). The Financing was arranged to enable Hecla to maintain its 14.8% interest in the Company's issued and outstanding common shares, as required under the AR Agreement. Refer to the Company's News Releases dated November 19 and 21, 2012 for particulars of the AR Agreement. |
