Private Placement and Loan Transaction
Auramex Resource Corp., (the "Company") announces a non-brokered private placement of up to 5,000,000 units at $0.08. Each unit will comprise one common share and one share purchase warrant. Each underlying warrant will entitle the holder to purchase one additional common share of the Company for a period of two years, at a price of $0.10 per share.
The funds are to be used for exploration and working capital.
The placement is subject to TSX Ventures Exchange Approval.
Auramex holds 190 square kilometers of mineral rights in BC’s Golden Triangle. The Georgia River property surrounds a past producing gold mine near tidewater, 18 km south of Stewart; the Tide North property is 4 km from an all-weather road; and the Bear Valley properties straddle highway 37A north and east of Stewart.
For information on Auramex please contact Judie Whitby at (604) 924-9376 or refer to the company’s website: www.auramex.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.