CANEX Metals Completes Takeover and Acquisition of Gold Basin Resources

August 18, 2026

CANEX Metals began the final procedural step to complete its successful 100% acquisition of Gold Basin Resources following a year-long hostile takeover. With the integration process nearing completion, CANEX plans to focus on exploration and delineation of the consolidated Gold Range–Gold Basin oxide gold district in Arizona and to drill test the Louise Copper-Gold porphyry project in British Columbia.

Buyers
CANEX Metals Inc.
Targets
Gold Basin Resources Corp., Gold Basin Resources Corp.'s assets (Gold Basin oxide gold project)
Location
Arizona, United States
Transaction Type
Buyout

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