CNEX: CANNON EXPLORATION INC
www.cannon-exploration.com


SHARE STRUCTURE
10-26-2010
Free: 2,368,061,569
Restricted (Common): 50,000,000
Restricted (Preferred): 130,000,000
Outstanding: APPROX 12,BILL
Authorized (Common): 15 BILLION
Authorized (Preferred): 1,200,000,000
STRATEGY Cannon Exploration Inc. will aggressively be acquiring and developing early stage mineral exploration projects in Canada. To develop these projects, we have assembled an expert technical team of geologists, technicians and geographic information system specialists. Seasonally we also contract geologists specializing in specific types of mineralization to assist with our field programs. Cannon Exploration Inc primary strategy is to employ a joint venture model to advance the properties, reduce the risks of exploration to shareholders while maintaining a significant interest in the property in the event of a discovery. The work conducted by any of our joint ventures partners will enhance our mineral exploration program. The next step of our strategy is to spin-off successful exploration projects into new companies, spotlighting their value in order to increase shareholder equity. A brief business model that Cannon Exploration Inc. follows is: - Acquisition of highly prospective grass roots and semi developed mineral exploration projects.
- Develop these projects using Joint Venture participation.
- Spin-off developed projects to create value for shareholders which also simplifies the project for the market place and makes it accessible to producing companies.
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Full description of the National Instrument (NI 43-101)
Cannon is following the guidelines of the NI 43-101 - This protects Investors / Full Description Below
http://www.sfsc.gov.sk.ca/ssc/files/nat-noti/43-302amendedjan24-03.pdf

**Full Report on file with the Canadian Ministry of Northern Devolopment of Mines peformed by JVX**
http://www.mndmf.gov.on.ca/mines/data/nov16/2_45154.zip
http://www.mdn.fm/files/231604_apvq4/2_45154_900_WorkReportSummary.pdf
http://www.mdn.fm/files/231603_scung/2_45154_10_GeologicalandGeophysicalSurveysReport.pdf
Queen Alexandra - VFL - GEO / June 2010
http://www.cannon-exploration.com/Maps/MAP-No-02.pdf
Link to the AMIS (Abandoned Mine Information System). Queen Alexandra is listed as active.
http://www.geologyontario.mndm.gov.on.ca/
Link to search Mining Claims and Reports in Canada
http://www.mci.mndm.gov.on.ca/claims/clm_mmen.cfm
******GEOLOGY REPORT FROM 1990******
http://www.geologyontario.mndm.gov.on.ca/mndmfiles/afri/data/imaging/52F07SW0006//52F07SW0006.Pdf
Report(s) on Lower Manitou Gold Prospect
http://www.mdn.fm/files/208548_zpnle/Reliance_Glatzdf-1.pdf
http://www.mdn.fm/files/208587_gn46j/Cochrane_Oil%26Gas.pdf

Location Map Showing Gold Rock Mining Camp | Location Map Showing Queen Alexandra Mine |
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- VLF of the Queen Alexandra performed by JVX - | - Conversion Chart - |
|  Current Gold and other Precious Metas http://www.kitco.com/market/ |
Info from the Feb 19th Filing
Feb 19 2010 2:20PM
Queen Alexandra Property
Map Reference N.T.S. G- August 30, 2008
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=29234
The Queen Alexandra mine was sunk in the early 1900's — between 1904 to 1920's. There is very little information available on this property,
This property was brought to my attention by a retired geologist that was employed for many years for the Ontario Department of Mines.
From the information that I received, a small bulk sample mined in that era produced a large amount of high grade gold. He picked up grab samples from the small ore dump that assayed in the 2 oz. per ton range,
A reconnaissance ground geophysical survey that R.J. Major carried out in January 2008 indicated a conductive zone in the immediate
shaft area. Four (4) new claims were staked for Cannon Exploration Inc. At the time that this reconnaissance was carried out, the weather was quite severe - -40 plus deep snow.
Information from the ground geophysical survey warranted that this property be staked.
COMPANY NEWS
**Full Report on file with the Canadian Ministry of Northern Devolopment of Mines peformed by JVX**
http://www.mndmf.gov.on.ca/mines/data/nov16/2_45154.zip
^^Most Recent^^
Oct 28, 2010 Cannon Exploration CEO Interview Tonight With StockGoodies.com
- http://www.marketwire.com/press-release/Cannon-Exploration-CEO-Interview-Tonight-With-StockGoodiescom-1343334.htm
Oct 22, 2010 Cannon Exploration Announces CEO Interview With Stockgoodies.com
- http://www.marketwire.com/press-release/Cannon-Exploration-Announces-CEO-Interview-With-Stockgoodiescom-1339957.htm
Sep 16, 2010 Cannon Exploration Updates Website with further information from Geology/Assessment Report
- http://www.marketwire.com/press-release/Cannon-Exploration-Updates-Website-With-Further-Information-From-Geology-Assessment-1319941.htm
Wednesday August 11, 2010 Cannon Provides Information from Geology / Assessment Report
- http://www.marketwire.com/press-release/Cannon-Provides-Information-From-Geology-Assessment-Report-1303159.htm
Monday August 9, 2010 Cannon Provides Update to Shareholders
- http://www.marketwire.com/press-release/Cannon-Exploration-Wishes-Provide-Its-Shareholders-With-Update-on-Queen-Alexandra-Project-1301671.htm
Thursday August 5, 2010 Cannon Announces Ongoing Developments at Queen Alexandra
- http://www.marketwire.com/press-release/Cannon-Exploration-Announces-Ongoing-Developments-on-Queen-Alexandra-Gold-Property-1300933.htm
Thursday June 10, 2010 Cannon Announces Completion of Geological Survey
- http://www.marketwire.com/press-release/Cannon-Exploration-Announces-Completion-of-Geological-Survey-Starts-Next-Phase-1274121.htm
Thursday May 27, 2010 Cannon Announces Work Underway at Queen Alexandra
- http://www.marketwire.com/press-release/Cannon-Exploration-Announces-That-Work-Is-Underway-on-Companys-Queen-Alexandra-Gold-1267540.htm
Mon May 10, 2010 Cannon Announces Spring Exploration Program; Work to Start in Late May
- http://ih.advfn.com/p.php?pid=nmona&article=42736455&symbol=NO%5ECNEX
Wed Apr 14, 2010 Cannon ExpMloration Releases Assays From 'Queen Alexandra' Gold Property
- http://finance.yahoo.com/news/Cannon-Exploration-Releases-iw-4251150316.html?x=0&.v=1
Wed Mar 17, 2010 Cannon Exploration Completes Latest Work Program on 'Queen Alexandra' Gold Property
- http://finance.yahoo.com/news/Cannon-Exploration-Completes-iw-443346200.html?x=0&.v=1
Mon Mar 15, 2010 Cannon Exploration Resumes Work on 'Queen Alexandra' Gold Property
- http://fin ance.yahoo.com/news/Cannon-Exploration-Resumes-iw-1701746988.html?x=0&.v=1
May 5, 2009
- http://ih.advfn.com/p.php?pid=nmona&cb=1254005819&article=37648120&symbol=NO%5ECNEX
October 2, 2008
- ih.advfn.com/p.php
July 24, 2008
- www.redorbit.com/news/business/1493351/cannon_exploration_inc_announces_acquisition/
May 21, 2008
- www.redorbit.com/news/business/1396235/cannon_exploration_inc_provides_status_on_recent_loi_queen_alexandra/index.html


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Cannon Exploration Releases Assays From 'Queen Alexandra' Gold Property
http://finance.yahoo.com/news/Cannon-Provides-Information-iw-4212131803.html?x=0&.v=1