amex exploration

Amex Exploration

Montréal, Canada, April 27, 2010 – Amex Exploration Inc. (“Amex”) (TSX:AMX) is pleased to announce that it has signed highly qualified and experienced individuals that will form the core of its new exploration team that will operate its newly acquired subsidiary ‘Minerales X-Ore S.A. de CV’ that holds three properties covering more than 40,000 hectares in the prolific Sierra Madre Gold-Silver Belt of Mexico. This group of specialists, that has a vast experience of exploration in Mexico and will be working out from our new company’s exploration office located in Hermosillo, Province of Sonora, Northern Mexico, are as the following:

Juan-Manuel Morales is appointed as our national General Manager for the Mexican subsidiary. Mexican born, Juan-Manuel has a Bachelor Degree in Geology with more than 25 years of experience in Mexican epithermal deposits exploration and evaluation. He has worked for several important mining companies such as Regional Manager for Cambior for about ten year. Juan-Manuel is a Certified Professional Geologist (CPG-11234) member of the American Institute of Professional Geologists (AIPG), and a “Qualified Person” for the purposes of CSA National Instrument 43-101. Mr. Morales will provide the company with his extensive experience and knowledge, not only about the technical aspects of the Mexican geology, but also as for the company representative for all land access, social communities and government relationship issues.
Richard Simpson, Professional Geologist with more than 20 years of exploration experience through all Latin Americas is nominated as the Exploration Manager, Americas for Amex Exploration inc. His main responsibilities will be to prepare, organize and execute all of the exploration programs of the company out of Canada. He is a graduate from the Université de Montréal in 1989 with a B.Sc. in geology and has a strong background in grassroots, advanced project, and mine site exploration. Richard has worked for several companies, both majors, such as Iamgold and Cambior, and juniors including Normabec, as an exploration geologist throughout South America and Mexico. This international experience has provided him with good exposure to many geological settings and mineralization processes (lateritic profiles, gold/copper porphyries, epithermal systems and skarns). Early in his career, he has also worked in Northern Quebec (Abitibi), Manitoba and Nunavut on numerous VMS and precious metal projects for Noranda and Aur Resources.

Finally, Maurice Gendron is completing the team as mining exploration technician and responsible for the technical and logistical support of the Mexican subsidiary. Maurice has a DEC in applied exploration geology from the CEGEP of Thetford Mines and has more than 30 years of experience in both mining and exploration techniques, of which the last 15 years in Mexico. He has worked in there for Cambior for 8 years and since then for ‘Minerales X-Ore S.A. de CV. His longtime experience in Mexico will be an important asset to Amex representation in this country.

This team will have the mandate to organize and execute all of the exploration work approved by the management that will be initiated very shortly on the portfolio of newly acquired Mexican properties through the 100% owned subsidiary Minerales X-Ore S.A. de CV. This subsidary holds 100% of the mining rights respectively of the Natora, of which the southern part has just being optioned by Bowmore Exploration (Natora-South; see Press Release of April 08, 2010), Nueva Escondida and Alanza properties all located in the prolific Sierra Madre Gold-Silver Belt of Mexico.

Amex President and CEO, Dr. Jacques Trottier, comments: “We are very pleased to have been able to put together such a highly experienced and skill exploration team for our needs in Mexico. I am personally convinced that this team will perform to the highest level in order to fully develop the great potential of this portfolio of high quality projects for the benefit of Amex shareholders.”

Amex Exploration Inc. is a junior mining exploration company listed of the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

For additional information, contact:

Mr. Jacques Trottier
President and Chief Executive Officer
Tel.: (514) 866-8209

Neither 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.

Montréal, April 8, 2010 – Amex Exploration Inc. (TSX: AMX) (“Amex”) announces that it has closed the second tranche of a $1,500,000 financing consisting of xxxxx units of Amex, at $0.25 per Unit, for total gross proceeds of $xxx,000. Each Unit is comprised of one common share of Amex and one common share purchase warrant entitling the holder thereof to acquire one additional common share of Amex at $0.35 per share for a period of 12 months following the closing date and thereafter at the price of $0.45 during an additional period of 12 months.

Majors participants in this private placement include SODEMEX ($150,000), Bowmore (TSX: BOW) ($62,500), Kingsdale Capital Market ($150,000) and Mannington Finance Monaco ($ 125.000).

3 Insiders of the company has participates for an amount of $70,000.00

All securities issued pursuant to the private placement are subject to a four-month and one day hold period. The private placement and the payment of the cash commissions are subjects to the final approval of the TSX Venture Exchange.

Proceeds of the private placement will be applied toward ongoing work on Amex newly acquire properties Mexico, and toward meeting short term operating working capital requirements.

Amex is a junior mining exploration company, the common shares of which are listed on the TSX Venture Exchange. Amex’s primary objective is to develop and bring into production viable gold and base metal deposits.

For further information please contact Michel Lemay at 514-866-8209.

Neither 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.

Montréal, Québec – May 12th, 2010 – Amex Exploration inc. (AMX: TSX-V, “The Company”) is pleased to announce that MPX Geophysics Ltd. of Markham Ontario, is starting a helicopter borne geophysical survey on the recently group of properties bought from Blue Note Mining that includes its 100% owned Nueva Escondida and Natora North under the same contract, the survey will also cover the Natora-South property recently optioned by Bowmore and now called the Chivas property. The group of properties cover over 48,000 hectares in Sonora, Mexico and are all located within the Sierra Madre Occidental gold belt known for its numerous gold-silver mines.
The airborne survey is scheduled to commence this week and will be completed by May 25. The flown pattern takes into account the geological trend and the major structures interpreted from the government regional magnetic survey. A total of 568 km will be flown covering an area of 75 square kilometres. The high sensitivity aeromagnetic survey was designed to detect any major structure or underlying intrusion known to be associated with the gold mineralisation in the district. The radiometrics will identify with more accuracy the zones of alteration interpreted from the Aster image. Argillic and silica alteration zones are recognized in association with mineralisation in the district at Dolores, Mulatos, Pinos Altos and Ocampo major gold mines. Such alterations identified during the survey will be the object of a ground follow up, supported by mapping, prospecting and geochemical sampling.
The data interpretation will be realized by a geophysicist once the survey is completed and the data sets are made available. Amex will integrate this new data with existing geological mapping and historical exploration records to generate an interpretation that will be used to direct a more focused gold exploration program

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

The technical information reported in this news release has been approved by Jacques Trottier, geol., Qualified Person as defined by Canadian NI 43-101

For additional information, contact:

Mr. Jacques Trottier
President and Chief Executive Officer
Tel.: (514) 866-8209

Neither 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.

MONTREAL, Canada; June 15th 2010- Amex Exploration Inc. (AMX: TSX-V) is pleased to announce the beginning of a new exploration program starting with a geophysical survey on its 100% owned Cameron property located at 26 kilometres to the North of Lebel-sur-Quévillon in the north-western part of Quebec and consists of 13 claims for a total area of 731 hectares. This survey will be followed by trenches and sampling and finally, upon results obtained by these work, by a first phase of drilling of about 1200 meters, to be started during this summer.

This exploration program is a follow up of previous work done by SOQUEM who has explored the north-eastern half of the Cameron property from 1982 to 2005, who mainly performed an Induced Polarisation (IP) survey, a Magnetic survey, as well as digging four trenches for approximately 400 meters linear where they have outlined a gold bearing mineralized structure with values of up to 7 g/t Au from a grab sample. The south-western half of the property has been little explored.

More specifically, exploration work performed by SOQUEM in 1998 revealed the presence of a gold-bearing rhyolite containing disseminated pyrite in contact with a sheared mafic unit in a trench (trench #91-13). Five out of eight samples, from sampling restricted to felsic rocks, returned gold values ranging from 1 to 7 g/t. Furthermore, three IP anomalies defined during the geophysical survey performed in 1991 were never been tested by drilling. One of these anomalies cuts trench 91-13.

Geologically, the property is covered by volcano sedimentary rocks of the Abitibi Sub province which consists mostly of basaltic to andesitic rocks with five felsic horizons present in the trench area. The property is strategically located near the intersection of the Cameron and Chieftain regional deformation corridors and is cut by the regional NE trending Franquet and Wedding faults. To the northwest, shear-related gold mineralization has been discovered along the NW-SE Cameron deformation corridor at the Flordin deposit with reserves of 815 500T @ 5.1 g/t Au, at the Cartwright deposit with 83 000T @ 10.4 g/t Au and at the Lake Cameron Sud deposit with values of 5.1 g/t over 0.8 meter and 1.3 g/t Au over 13 meters (ref Roy et al. ET-97-02,1997,27 p.). Ten kilometres to the East along the Cameron deformation corridor and in a similar geological context, volcanogenic massive sulphide zinc-rich mineralization is found at the Gonzague-Langlois mine and at the Grevet B deposit. The presence of zinc rich volcanogenic massive sulphide mineralization on the property will also be explored.

The geophysical program will consist of performing a 33 kilometres IP survey to cover the section of the property not covered during the 1991 SOQUEM survey. Results from this survey combined with the 1991 survey will be analyzed to define drill targets.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

The technical information reported in this news release has been approved by Jacques Trottier, geol., Qualified Person as defined by Canadian NI 43-101

For additional information, contact:

Mr. Jacques Trottier
President and Chief Executive Officer
Tel.: (514) 866-8209

Neither 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.

Forward-looking statements:
Except for statements of historical facts, all statements in this news release regarding, without limitation, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; Actual results and future events could differ materially from those anticipated in such statements.

Montreal, Canada, July 12, 2010 – AMEX Exploration Inc. (“AMEX”) (AMX:TSXV) is pleased to announce that it has signed an option agreement with Bowmore Exploration Inc (BOW: TSX-V) in which Bowmore may acquire a 50% interest in the Nueva Escondida property from Minerales X-ORE S.A. de C.V. a Mexican mining corporation subsidiary of Amex Exploration inc in the State of Sonora, Mexico. Minerales X-ORE S.A. de C.V. was obtained from Blue Note Mining Inc. by the acquisition of all the outstanding shares of X-Ore International Inc as disclosed on press release dated March 18, 2010.

The Nueva Escondida Property is composed of 8 claims covering over 6,100 hectares and is located in the foothills of the Sierra Madre Occidental gold belt (“SMO”), The SMO is host of more than 40 Million ounces of gold and 2 Billion ounces of silver. Geologically, the property is situated within the Basin and Range Province located at the western edge of the Sierra Madre Occidental. Between 2005 and 2008, the property has been the object of sampling and geological mapping by X-Ore and returned significant gold-silver & polymetallic values over an area of 8 X 5 kilometers (40 Km2). This property has never been drilled before and is not subject to any NSR.

In order to acquire 50% interest in the Property, Bowmore shall make cash payments totaling $200,000 to Amex, issue a total of 150,000 of its common shares and incur expenditures in the aggregate amount of $800,000 within 24 months of the execution of the Agreement. At the end of this period, if Bowmore elects to continue to explore the property, a Joint Venture will be formed with Amex on a 50-50% ownership.

During the option period, Amex will be the operator and a management committee formed by two representatives of each company will be responsible for the planning of all exploration programs and budgets.

Jacques Trottier, Ph.D., President and CEO of Amex, comments: ‘We are very pleased to associate ourselves again in a second option agreement with Bowmore (TSXV: BOW) who’s is still in a strategic partnership is Osisko Mining Corporation (OSK: TSX). Our experience with their exploration team, who is participating with us in the ongoing exploration program of the Natora South project (now called the Chivas project by Bowmore), is demonstrating to be more than positive. I am personally convinced that this combination with our local dynamic technical organization will prove to be very efficient and will be reflected in the quality of upcoming results. In my opinion, this new agreement will definitely help to better and more efficiently fully develop the real potential of the Nueva Escondida property.

ABOUT NUEVA ESCONDIDA PROPERTY

The NUEVA ESCONDIDA property is located in the north-western part of Mexico, at the Foothills of the Sierra Madre Occidental in the central part of the Sonora State, 110 km East of Hermosillo. The property is easily accessible by paved road from Hermosillo and then from dirt roads directly to the property.

Geologically, the property is underlain by Paleozoic limestones, dolomites and calcareous sandstones in contact with a Tertiary porphyritic rhyolite. Andesitic tuffs cover the area in the southern part. The sedimentary rocks have been locally indurated and silicified along the contact with the porphyry. Two main structural NE and NW mineralized trends are present within the sedimentary package at the western edge of the porphyritic rhyolite. Sphalerite, galena and pyrite microcrystals are the main ore minerals associated to strongly brecciated and oxidized structures in the dolomitized limestones. These characteristics are similar to recently discovered new world class polymetalic type deposits, such as the Penasquito and Camino Rojo of Goldcorp.
Between 2005 and 2008, Minerales X-Ores made regional rock, soil and stream sediments geochemical surveys totaling 551 samples. Only from rock sampling (356 samples), very high values of up to 13.65 g/t Au, 931 g/t Ag, 23.3% Zn and 6.24% Pb were obtained. In 2006, a detailed rock geochemical survey totaling 258 samples was carried out in the original Nueva Escondida claim where the highest zinc and lead values were obtained. This survey outlined an area of 1,000 meters by 300 meters with a strong Au-Ag-Zn-Pb geochemical signature within a sedimentary sequence near the contact with a porphyry intrusive with individual values of up to 2.51 g/t Au and 767 g/t Ag. The ASTER high-resolution satellite imagery with alteration mapping shows a strong argillic alteration within the porphyry and confirms the silica alteration of the sediments at the contact with the porphyry precisely where this high Au-Ag-Zn-Pb area has been identified.

Amex management is very enthusiastic with the involvement of Bowmore in the development of the Nueva Escondida project and is looking forward with great expectation for the initiation of an aggressive exploration program that should be put in place in a very near future.

Amex Exploration Inc. is a junior mining exploration company listed of the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

For additional information, contact:

Mr. Jacques Trottier
President and Chief Executive Officer
Tel.: (514) 866-8209

Neither 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.

MONTREAL, Canada_September 8th 2010- Amex Exploration Inc. (AMX: TSX-V) is pleased to announce the discovery of a new gold bearing structure on its 100% owned Cameron property located in Northern Québec. The property is located at about 25 kilometres to the NE of Lebel-sur-Quévillon in the north-western part of Quebec, and consists of 13 claims for a total area of 731 hectares.

Follow up trenching, based on new geophysic surveys (see press release of June, 15th,2010), combined with compilation data from previous trenching and grab sampling done by SOQUEM in the early 90’s, as led to the identification of a gold-bearing structure that returned an intersect of 1,07 g/t Au over 2,3 meters by channel sampling across the mineralized structure. This structure is characterized by an altered sheared quartz-feldspar-pyrite-sericite unit that is oriented more or less NE-SW and seems to be related to the regional ‘Wedding Fault Zone’.

More specifically, exploration work performed by SOQUEM in 1998 revealed the presence of a gold-bearing rhyolite containing disseminated pyrite in contact with a sheared mafic unit in a trench (trench #91-13). Five out of eight samples, from sampling restricted to felsic rocks, returned gold values ranging from 1 to 7 g/t. Furthermore, three IP anomalies defined during the geophysical survey performed in 1991 were never been tested by drilling. One of these anomalies cuts trench 91-13 has been confirmed by Amex own geophysic survey and has been recently being channel sampled by Amex with the present announced results.

Geologically, the property is covered by volcano sedimentary rocks of the Abitibi Sub province which consists mostly of basaltic to andesitic rocks with five felsic horizons present in the trench area. The property is strategically located near the intersection of the Cameron and Chieftain regional deformation corridors and is cut by the regional NE trending Franquet and Wedding faults. To the northwest, shear-related gold mineralization has been discovered along the NW-SE Cameron deformation corridor at the Flordin deposit with reserves of 815 500T @ 5.1 g/t Au, at the Cartwright deposit with 83 000T @ 10.4 g/t Au and at the Lake Cameron Sud deposit with values of 5.1 g/t over 0.8 meter and 1.3 g/t Au over 13 meters (ref Roy et al. ET-97-02,1997,27 p.).

This exploration program is a follow up of previous work done by SOQUEM who has explored the north-eastern half of the Cameron property from 1982 to 2005, who mainly performed an Induced Polarisation (IP) survey, a Magnetic survey, as well as digging four trenches for approximately 400 meters linear where they have outlined a gold bearing mineralized structure with values of up to 7 g/t Au from grab samples. The south-western half of the property has been little explored.

Following these first exciting preliminary results, Amex is now proceeding with additionnal geophysics that will cover the entire Cameron property. This survey will be followed by additionnal trenching and sampling on each one of the conclusive IP anomalies. Based on the cumulative results, an agressive follow-up drilling campain will be initiated. According to our time schedule, such drilling should be initiated no lated than October of this year.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

The technical information reported in this news release has been approved by Jacques Trottier, geol., Qualified Person as defined by Canadian NI 43-101

For additional information, contact:

Mr. Jacques Trottier
President and Chief Executive Officer
Tel.: (514) 866-8209

Neither 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

Montreal, Canada – October 26th, 2010 – AMEX EXPLORATION INC (AMX: TSX-V, “ The Company”) is pleased to announce the discovery of a previously unknown very important silica cap and to provide an update of the ongoing exploration activities on its Natora South (Chivas) Property, located in the State of Sonora, Mexico.

The Property, which is located in the Sierra Madre gold belt, covers over 24,841 hectares and was optioned to Bowmore Exploration ltd (BOW:(TSX-V) in may of 2010 (see PR of 12-07-10), Amex being the operator. Following(Bowmore exploration program consisting of) an airborne survey covering 75 square kilometres and a detailed stream survey (heavy mineral concentrate), several structures and target areas were identified by the joint Bowmore-Amex exploration team.

A total of 14 targets were established from the magnetic and radiometric survey and most of them have been investigated. Two of which (anomaly no. 3 & 6) correspond to the wide silicified zone (lithocap) reported by Bowmore’s September 24th, 2010 press release. This area of strong to intense epithermal alteration is situated WSW of the historical Piedra Rodante zone and has now been mapped over a strike length of 2,5 kilometers, remaining open toward the SSE and NNW, and can be interpreted to be at least 125 meters thick. This silica cap is in conformity with the general stratigraphy, i.e., striking NNW and shallow dipping toward the WSW. It is hosted by felsic tuffs and rhyodacites which are strongly silicified and/or brecciated and completely flooded by amorphous silica. Three heavy mineral samples collected at the bottom of the slope within a kilometer of the silicified zone returned anomalous gold values of up to 99 ppb Au. Complete assay results of various rock samples (grab & chip) returned arsenic, mercury and antimony anomalous results. Respectively up to 1,110 ppm As, 3 ppm Hg and 145 ppm Sb. The best gold assay returned 146 ppb Au, still indicating that this hydrothermal system that generated the silica cap was gold bearing, but went most probably under boiling leaving most of the gold at depth.

The alteration (micro crystalline silica) and textures (hydrothermal breccias & open space) and assay results are consistent with a “sinter zone” situated above a typical high grade Bonanza-type low sulphidation epithermal mineralizing system (Au/Ag). Locally minor pyrite and hematite is also present. Further observations indicate that the silica cap is thicker toward the north and argilic alteration is also present toward the south-end, which indicate a possible source area for the silica and mineralization. This area coincides with a interpreted discordant NE-SW structure (‘deep seated fault?”). The exploration field work will concentrate in the near future in this target area in order to establish priority drilling target location.

Jacques Trottier, PhD, President and CEO of Amex Exploration inc comments that ‘The discovery of such a huge silica cap that extends for more than 2.5km long with a thickness of more than 100 meters clearly indicates a very important long lasting mineralized hydrothermal event in this area . I am more than enthusiastic to focus additional work on this impressive target. This discovery also shows that working with a good partner such as Bowmore, not only allows us to ‘share the risk’ on an exploration ‘grass-root’ project but also allows us to benefit of the synergy of having two teams of professionals that are organizing and executing the field work.’

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

The technical information reported in this news release has been approved by Jacques Trottier, geol., Qualified Person as defined by Canadian NI 43-101

For additional information, contact:
Mr. Jacques Trottier
President and Chief Executive Officer
Tel.: (514) 866-8209

Neither 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

MONTREAL, Canada December 14th 2010- Amex Exploration Inc. (AMX: TSX-V) is pleased to announce beginning of drilling in the new gold bearing structure on its 100% owned Cameron property located in Northern Québec. The property is located at about 25 kilometres to the NE of Lebel-sur-Quévillon in the north-western part of Quebec, and consists of 13 claims for a total area of 731 hectares.

Follow up trenching, based on new geophysic surveys (see press release of June, 15th,2010), combined with compilation data from previous trenching and grab sampling done by SOQUEM in the early 90’s, as led to the identification of a gold-bearing structure that returned an intersect of 1,07 g/t Au over 2,3 meters by channel sampling across the mineralized structure. This structure is characterized by an altered sheared quartz-feldspar-pyrite-sericite unit that is oriented more or less NE-SW and seems to be related to the regional ‘Wedding Fault Zone’

Geologically, the property is covered by volcano sedimentary rocks of the Abitibi Sub province which consists mostly of basaltic to andesitic rocks with five felsic horizons present in the trench area. The property is strategically located near the intersection of the Cameron and Chieftain regional deformation corridors and is cut by the regional NE trending Franquet and Wedding faults. To the northwest, shear-related gold mineralization has been discovered along the NW-SE Cameron deformation corridor at the Flordin deposit with reserves of 815 500T @ 5.1 g/t Au, at the Cartwright deposit with 83 000T @ 10.4 g/t Au and at the Lake Cameron Sud deposit with values of 5.1 g/t over 0.8 meter and 1.3 g/t Au over 13 meters (ref Roy et al. ET-97-02,1997,27 p.).

Following these first exciting preliminary results, Amex is now proceeding with a drilling program of

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

The technical information reported in this news release has been approved by Jacques Trottier, geol., Qualified Person as defined by Canadian NI 43-101

For additional information, contact:

Mr. Jacques Trottier
President and Chief Executive Officer
Tel.: (514) 866-8209
Neither 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

Montreal, December 29, 2010 – AMEX Exploration Inc. (“Amex”) (TSXV: AMX) announce the closing of a private placement of: $975,600.

The private placement consist of:
314 units “A” (the “Units A“), at a price of $2,900.00 per Unit, each Unit “A” consist of 8000 flow-through common shares at a price of $0.30 per flowthrough common share, 2,000 common shares at a price of $0.25 per common share and 2 000 share purchase warrants. Each share purchase warrant shall entitle its holder thereof to acquire one additional common share of Amex at a price of $0.35 for a period of 12 months or $0.45 for a period of 24 months from the closing date for a gross proceed of $910,600.

26 units “B” (the “Units B“), at a price of $2,500.00 per Unit, each Unit “B” consist of 10000 common shares at a price of $0.25 per and 10 000 share purchase warrants. Each share purchase warrant shall entitle its holder thereof to acquire one additional common share of Amex at a price of $0.35 for a period of 12 months or $0.45 for a period of 24 months from the closing date for a gross proceed of $65,000.

In connection with this tranche of financing, Amex will pay a cash commission of $68,440 to Canaccord Capital and will issue 236,000 broker warrants, each broker warrant entitling Canaccord Capital to purchase one common share of Amex at the price of $0.30 during a period of 18 months following the closing date.

5 Insiders has participates to this private placement for a gross proceed of $82,500.

All securities issued pursuant to the private placement are subject to a four-month and one day hold period. The private placement and the payment of the cash commissions are subjects to the final approval of the TSX Venture Exchange.

Proceeds of the private placement will be applied toward exploration work on the Company’s properties in Mexico and Quebec, and towards meeting short term operating working capital requirements.

Amex is a junior mining exploration company, the common shares of which are listed on the TSX Venture Exchange. Amex’s primary objective is to develop and bring into production viable gold and base metal deposits.

For further information please contact Michel Lemay at 514-866-8209.

Neither 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.