Gold Basin Resources Sets Date for Annual Shareholder Meeting
Vancouver, British Columbia — February 11, 2026 — Leads & Copy — Gold Basin Resources Corporation (TSXV: GXX; OTCQB: GXXFF) has scheduled its annual general meeting of shareholders for May 12, 2026.
The announcement from the Company, also referred to as “Gold Basin,” follows a request from Canex Metals Inc. (“Canex”) after the non‑extendable expiry of its hostile takeover bid (the “Hostile Bid”) on February 10, 2026, at 5:00 p.m. (Toronto time).
According to the company, the meeting date allows sufficient time for the completion of its audited annual financial statements for the fiscal year ended December 31, 2024, the preparation of the management information circular, and compliance with all applicable notice, record date, and mailing requirements. These requirements are dictated by the Company’s constating documents and applicable securities legislation.
Gold Basin also announced it has commenced a review of the common shares purportedly tendered to the Hostile Bid and has concerns regarding the validity of certain tenders, including whether applicable requirements under securities legislation were satisfied. The Company reserves all rights in respect of this matter and intends to provide further updates to shareholders as its review progresses.
The Board remains committed to acting in the best interests of the Company and all of its shareholders. The Board continues to carefully evaluate all options available to the Company to maximize shareholder value and remains open to considering any bona fide proposals that, in the judgment of the Board after consultation with its financial and legal advisors, are in the best interests of the Company and its shareholders. The Board encourages any interested party to submit formal proposals for the Board’s consideration.
Shareholders are encouraged not to take any action with respect to their shares at this time, pending the completion of the Company’s review and the distribution of the management information circular in connection with the Meeting.
Gold Basin Resources Corporation is focused on advancing the 42 km2 Gold Basin Project in Mohave County, Arizona. The company says Gold Basin is accessible year-round and that the immediate focus of its technical team is to expand and delineate multiple at-surface oxide gold deposits and prove the project’s district-scale potential.
Source: Gold Basin Resources Corporation
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