AGENCY AGREEMENTAgency Agreement • December 2nd, 2022 • Alberta
Contract Type FiledDecember 2nd, 2022 JurisdictionWolverton Securities Ltd. (the "Agent") understands that CMX Gold & Silver Corp. ("CMX" or the "Corporation") proposes to raise funds through the sale and issue (the "Offering") of units of the Corporation (the "Units"), at a price of $0.15 per Unit, to public purchasers (the "Subscribers") of a minimum of 20,000000 Units for total gross proceeds to the Corporation of $3,000,000 (the "Minimum Offering") and a maximum of 28,000,000 Units for total gross proceeds to the Corporation of $4,200,000 (the "Maximum Offering"). Each Unit is comprised of one common share in the capital of the Corporation ("Common Share") and one transferable common share purchase warrant (a "Warrant"). Capitalized terms not otherwise defined herein are defined in Section 1 below.