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Canmex Minerals Corporation - Company Update.


VANCOUVER, British Columbia--(BUSINESS WIRE)--March 7, 1996--CANMEX MINERALS CORP. (VSE See DOS/VSE.

VSE - Virtual Storage Extended
:CMX CMX Corel Presentation Exchange (file extension)
CMX Cisco Mobile Exchange
CMX Cloaca Maxima (sewage system of ancient Rome; Finnish rock band)
CMX Crisis Management Exercise
 ) CANMEX MINERALS CORPORATION (the "Company") announces that Mr. Victor Garcia-Jimenez, who has joined the Board of Directors of the Company's Mexican Mexican

named after or originating in Mexico.


Mexican axolotl
see ambystomamexicanum.

Mexican beaded lizard
(Heloderma horridum
 subsidiary, Minera Austral aus·tral  
adj.
Of, relating to, or coming from the south.



[Latin austrlis, from auster, austr-, south.
 S.A. de CV., has been granted an incentive stock option entitling him to purchase up to 25,000 common shares of the Company at a price of $2.25 per share, expiring ex·pire  
v. ex·pired, ex·pir·ing, ex·pires

v.intr.
1. To come to an end; terminate: My membership in the club has expired.

2.
 on September 21, 2000. The option is exercisable as to 10,000 shares after September 21, 1996 and as to the balance, after September 21, 1997.

The exercise price has been calculated using the average closing price per share based on the closing prices during the period from February 29, 1996 to March 6, 1996, being the day preceding the day on which the option was granted. Mr. Garcia-Jimenez's option is subject to regulatory approval.

ON BEHALF OF THE BOARD Lawrence Roulston President

CONTACT: Canmex Minerals Corporation

Lawrence Roulston, 604/689-7842

604/689-4250 (Fax)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 7, 1996
Words:163
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