Route 109 Resources - MRIRF STOCK NEWS

Route 109 Resources announced the results of its 2024 Annual General Meeting held on October 31, 2024. Shareholders approved all management resolutions outlined in the Company's Notice of Meeting and Management Information Circular from September 26, 2024. Robert Pryde, Wanda Cutler, and Verlee Webb were re-elected as directors. Marc Bustin and Jeremi Fournier did not seek re-election as directors.

BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M00) has announced a name change to Route 109 Resources Inc., effective October 4, 2024. The company's trading symbol will change from 'BMEX' to 'RTE' on the Effective Date, with new CUSIP and ISIN numbers. This change does not affect shareholders' rights, and no action is required from shareholders. Issued securities will remain valid without the need for exchange.

The company also disclosed that an insider acquired 170,000 units in a recent private placement, constituting a related party transaction. BMEX relied on exemptions from valuation and shareholder approval requirements as per Multilateral Instrument 61-101.

BMEX Gold Inc. is initiating a non-brokered private placement financing, aiming to raise up to $1,250,000 through the sale of flow-through and non-flow-through units. Each unit will include a common share and a warrant. The proceeds will be used for exploring the Dunlop Bay project in Quebec and general working capital. The Offering is subject to regulatory approvals and does not involve US securities.

BMEX Gold Inc. announces a ten for one consolidation of its common shares, reducing the outstanding shares from 86,075,932 to approximately 8,607,593. The consolidation will be effective on March 22, 2024, with fractional shares handled accordingly. Shareholders will receive new share certificates, and the company's name and trading symbol will remain unchanged.

BMEX Gold Inc. announces a share consolidation at a ratio of 10:1, reducing outstanding shares to around 8.6 million. The company plans to use proceeds from recent financing for CEO and CFO salaries.

BMEX Gold Inc. (BMEX) announces positive results from the summer 2023 reconnaissance geochemical soil program at Dunlop Bay, Quebec. The survey identified potential mineralized zones using soil geochemistry, highlighting anomalies for further exploration. President Robert Pryde emphasizes the cost-effective targeting provided by combining mapping and soil geochemistry data for the 2024 Exploration program.

BMEX Gold Inc. closes final tranche of private placement, raising $36,250 in gross proceeds. The offering consisted of 1,812,500 non-flow-through units at $0.02 per unit. The company paid a cash finders fee of $700 to Haywood Securities Inc. Proceeds will be used for general working capital and potential salaries for the CFO and CEO.

BMEX Gold Inc. has closed the first tranche of its private placement, raising $140,000 in gross proceeds. The offering consisted of 6,000,000 flow-through units at $0.02 per unit, as well as 1,000,000 non-flow-through units at the same price. The company also paid $5,950 in cash finders fees. The proceeds will be used for further exploration of the Dunlop Bay project and general working capital.

BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M0) announces highly successful 2023 surface exploration program at Dunlop Bay, Quebec, with up to 25.6 g/t Au (grab sample) and three new gold zone discoveries. The summer and fall prospecting and trenching programs focused on testing structural and geological lineaments, resulting in significant gold concentrations controlled by NW-SE trending MAG-LiDAR lineaments. The company's President and CEO, Robert Pryde, expressed excitement about the potential for further gold-rich sulfide lenses and the identification of similar geological and lithogeochemical signatures between Dunlop Bay Ouest and trench NW2 mineralization.