amex exploration

Amex Exploration

Montréal, Canada – January 25, 2012 – Amex Exploration inc. (AMX: TSX-V,) is pleased to announce that all necessary permitting have been obtained and all road access have been completed on the Chivas property in Sonora, Mexico. The Chivas property, optioned to Bowmore Exploration Inc. (BOW: TSX-V), is composed of two claims covering over 24,841 hectares situated at 15 kilometres to the west of the Dolores Mine owned by Minfinders Corporation Ltd. Geologically, the property is located within the Sierra Madre Occidental gold belt (“SMO”) of Mexico wich hosts reserves of more than 40 million ounces of gold and 2 billion ounces of silver.

Over the last two months, the Company completed 20 km of road maintenance and widening and also completed 12 km of road construction to allow a conventional drill rig to access the targeted zones identified by previous work programs. Work began in early December 2011 and was completed last week with access to the Silica Cap, Mesa Blanca, Mesa and Cerro Rojo zones. All drill pads have been prepared to test the IP and TerraSpect anomalies along the above mentioned altered zones where previous exploration work in 2010 and 2011 has identified a large low sulphidation epithermal system within the Chivas property (see news release October 26, 2010 and news release July 14, 2011 and news release November 21, 2011).
At this time, the company is finalizing all the set-up work in order to initiate in a very short term the first phase of drilling. The field crew of Amex (the operator under the option agreement) is in the final evaluation of selecting a drilling contractors, a drilling contract should be signed in the near term.

Dr. Jacques Trottier, President and CEO of Amex Exploration inc., stated: “Both management of Amex and Bowmore are very enthusiastic to finally test by drilling the outlined extensive hydrothermal system that Amex has identified at Chivas. It is with some high expectation that the company is about to initiate the first phase of drilling on this property.”
The company has granted a total of 1,300,000 options to its directors and officers pursuant to its stock option plan. Each option entitles its holder to subscribe to one additional common shares of the share capital of Amex at a price of $0.25 per share for a period of five years and a total of 125,000 options to two consultants pursuant to its stock option plan. Each option entitles its holder to subscribe to one additional common shares of the share capital of Amex at a price of $0.25 per share for a period of one year. The vesting and hold periods of the stock options are

subject to the Policy 4.4 of the TSX Venture Exchange and to the Amex’s incentive stock option plan.
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: Dr. Jacques Trottier
President and Chief Executive Officer Tel.: (514) 866-8209

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 – April 12th, 2012 – AMEX EXPLORATION INC (AMX: TSX-V, ” The Company”) is pleased to announced the confirmation of an important large gold bearing polymetallic zone on its 100% owned Perron Gold project. Hole PE-2011-4, the last hole of a 4 drill hole campaign that was initiated late last year, intersected a wide zone of altered and mineralized felsic rhyolitic volcaniclastic unit that returned gold values of 0.41 g/t over 112.3 meters, including multiple higher gold grade sub-zones of up to 5.9 meters grading 2.4 g/t Au, including 2.5 meters at 4.54 g/t Au.

Table 1. Significant Drilling Intercepts

Perron 2011
Drilling Intercepts
Hole_No From To Width (m)      Au g/t Ag g/t Cu % Pb % Zn %
PE-11-01 81.9 83.3* 1.4 1.12
  88.4 88.8* 0.4 0.68        
  91.0 92.5 1.5 1.37        
  169.6 170.6 1.0 5.73        
PE-11-02 203.1 203.8* 0.7 0.90        
  279.2 280.6* 1.4 1.40        
  383.7 384.0 0.3 1.08        
PE-11-03 NSV              
PE-11-04 72.2 73.6 1.4 3.34 PD PD PD PD
  122.8 124.5 1.7 3.37 PD PD PD PD
  251.8 364.1 112.3 0.41 PD PD PD  
incl: 251.8 257.7 5.9 2.40 PD PD PD PD
incl: 251.8 254.3 2.5 4.54 PD PD PD PD
incl: 317.0 322.5 5.5 1.83 PD PD PD PD
incl: 354.0 355.4 1.4 2.42 PD PD PD PD

Analyzed diamond drill samples consist of half NQ-size diamond core split on site and transported to Laboratoire Expert Inc. facility in Rouyn-Noranda, Québec by the Amex technical staff. Samples are prepared by the laboratory and assayed for gold by 50g fire assay with Atomic absorption finish. (*= from sulfurized iron formations)

The gold grade seems to be directly associated with the presence of disseminated base metal sulfides, up to few percent mainly of sphalerite (zinc sulfide) and chalcopyrite (copper sulfide). (NB: silver and base metal analysis are pending).

The Perron gold project is located near the village of Normetal in the Abitibi region of Quebec (Figure 1). It consists of 108 adjacent claims for a total area of 4,260 hectares.Geologically, the project is located in the Archean Greenstone Belt of the Lac Supérieur structural province. The area is crossed by the regional NW-SE trending Normetal fault.This fault delineates a major structural corridor associated to massive sulphide deposits such as the nearby old polymetallic (Cu-Zn-Au-Ag) Normetal mine and the Zinc Normetmar deposit.

From 1994 to 1996, the Perron property was explored for base metals by Falconbridge Ltd and from 1996 to 2000 by Ressources Minières Coleraine (now Amex) for gold. During this period, Coleraine drilled a total of 90 holes for nearly 18,000 meters and identified multiple gold-rich bearing structures. From Coleraine’s work, gold mineralization on Perron has been identified in 3 main parallel zones ranging from 300 meters to more than 1 kilometer in strike length. These zones are located near the contact between rhyolite units to the north and altered andesite units to the south. These units are closely associated to the regional NW-SE structural corridor of the Archean greenstone belt.

In early 2009, Amex produced a compilation based on a new interpretation of the various mineralized zones encountered during the previous drilling and a 43-101 compliant resource calculation, done by Jacques Marchand. Qualified Person,on Zone 3, indicated a total of 1.2 million tonnes with a grade of 1.86 g/t Au for a total of 69,907 ounces of gold in the inferred mineral resources category. (Press Release of April 21, 2009).

The current phase of drilling had two main objectives: First, holes PE-11-01, 02,and 03 were drilled to test the western extensions of Zones 2 and 3. Hole PE-11-01 succesfully intersected Zone 3 at a depth of about 150 meters (12 g/t Au over 1.4 m) and Hole PE-11-02 intersected both Zone 2 (0.9 g/t Au over 0.7 m) and Zone 3 (1.4 g/t Au over 1.4 m). Hole PE-11-03, located at 200 meters to the west of Hole PE-11-02, did not encounter any significant mineralization. Second objective of this short campaign was to test at depth a totally different type of gold mineralization that was encountered in Hole PE-99-51 in 1999 (1,69 g/t Au, 14g/t Ag, 0,1% Cu and 0,6% Zn over 21,8m) and later described as a “deformed volcanogenic precious metal bearing massive sulfide mineralization“ ( M.Sc Thesis by A. Laberge, UQAM, 2002), located in the eastern sector at about 1 km to the east of Zone 3. For this, Hole PE-11-04 was drilled about 200 meters to the west of Hole PE-99-51 and intersected the same type of mineralization, but a lot more extensive as it is distributed over a core length of more than 100 meters compare to 20 meters in the later. As for, in hole PE-99-51, this polymetallic mineralization consist of disseminated sulfide (mainly pyrite with sphalerite and chalcopyrite) within an horizon of deformed polymictic felsic volcaniclastic unit associated with alteration minerals such as sericite, chlorite and silica. Also to be noted that centimeter size Mn-garnets are widely spread

and associated with this mineralization. According to A. Laberge (UQAM these 2002), these garnets grains are showing some zoning from an outer shell, rich in iron, to a manganese rich center. These types of zoned Mn-garnets have been identified as characteristics of major deformed volcanogenic polymetallic gold mines of the Abitibi region such as Doyon, Bousquet, Dumagami and Laronde.

Although the final geochemical results for base metal and silver of Hole PE-11-04 are still pending, the company is very pleased with the present gold values. Jacques Trottier, PhD, President and CEO of Amex Exploration comments, “We are quite enthusiastic with the results so far. Not only we have been able to add some extensions to Zones 2 and 3 to its western limits, we have been able to confirmed by drilling the high potential of gold bearing polymetallic zone in the eastern part of the Perron gold system.. This is changing dramatically the overall perspective of this property. Instead of having just ‘Deformed Gold bearing Quartz-vein systems (as in for Zones1 to 3), we now have a minerali8zed geological setting that open doors to a potential world class deposit”.

Once all the results are compiled, Amex management will elaborate the next phase of work to better follow up theses encouraging results.

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

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.

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 17th, 2012 – AMEX Exploration Ltd. (AMX: TSX-V,”Amex “) would like to inform its shareholders that drill campaign at the “Chivas property” is well underway and that three holes have now been completed. The initial drill program experienced some delays due to the technical difficulties encountered by the previous drilling contractor. Therefore a second drill company was contracted and the drilling campaigned is now executed by internationally known Major Drilling. Samples of these three first holes have been sent to ALS Chemex lab in Hermosillo, Mexico and the results should be available in the following weeks.

The Chivas Property is composed of 2 claims covering over 24,841 hectares and is located within the Sierra Madre Occidental gold belt (“SMO”). The SMO is known to host reserves of more than 40 Million ounces of gold and 2 Billion ounces of silver. The Chivas property, optioned to Bowmore Exploration Ltd (BOW: TSX-V, “Bowmore”) with Amex being the operator, is 15 kilometers to the west of the Dolores Mine previously owned by Minfinders Corporation Ltd. and now Pan American silver Corp. The earn-in option provides Bowmore the right to acquire up to 70% interest in the property (see news release dated April 8, 2010).

As announced previously (see Bowmore news release dated February 22, 2012), this first phase diamond drilling of approximately 2500 meters consists of 6 to 8 holes. The drilling objectives are to:

• Test the IP geophysical anomalies on the Silica Cap zone, (see Bowmore news release dated November 22, 2011). These IP anomalies identified moderate to strong chargeability values over large volume of rock extending SSE-NNW over these zones and;

• Test the areas of the Mesa Blanca zone where high resistivity anomalies at the sub-surface were found, indicating the presence of anomalous silica content associated with disseminated sulphide. It also corresponds to previous surface sampling and identification of high silicification and a large area with presence of anomalous buddingtonite from the TerraSpec sampling program done in early 2011.

• Follow up on the previously drilled Piedra Rodante gold-silver zone and to test possible extensions of the mineralization to the south and at depth, where historical values returned up  to 1.26 g/t Au and 182 g/t Ag over 15 meters.(See Amex Exploration Jacques Marchand (QP) NI 43-101 report March 1, 2010.)

These significant targets have been defined by previous exploration work conducted in 2010 and 2011 that identified a large low sulphidation epithermal system covering an area of approximately 5.2 km² (see Bowmore news release October 26, 2010, news release July 14, 2011 and news release November 22, 2011).

Amex and Bowmore managements are very enthusiastic to see the results of this first drilling campaign on the property located in the prolific Sierra Madre gold belt.

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

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.

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, September 19, 2012 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation“) is pleased to announce that it has closed a non-brokered private placement consisting of (i) 1,440,000 common shares of the Corporation issued on a flow-through basis (the “Flow-through Shares“) at an issue price of $0.25 per Flow-Through Share, and (ii) 200,000 common shares of the Corporation issued on a non flow-through basis (the “Common Shares“) at an issue price of $0.20 per Common Share, for aggregate gross proceeds to the Corporation of $400,000 (the “Private Placement“).

In connection with the Private Placement, Amex paid a finder’s fee equal $32,000 to EMD Financial Inc. (”EMD“), a non-related party to the Corporation, and also granted to EMD 131,200 agent’s options (the “Agent’s Options“); each Agent’s Option entitling the holder thereof to acquire one common share of Amex at a price of $0.20 per common share for a period of 24 months following the closing date of the Private Placement.

The net proceeds from the sale of the Flow-Through Shares will be used by the Corporation to finance the Corporation’s exploration program on its properties located in the Province of Quebec, and the net proceeds from the sale of the Common Shares will be used by the Corporation for general working capital purposes.

All securities issued pursuant to the Private Placement are subject to a 4-month and one day hold period, expiring on January 18, 2013. The Private Placement is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.

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.

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 – September 20, 2012 – AMEX Exploration Ltd. (AMX: TSX-V, “Amex” or “the Company”) is pleased pleased to announce the results from its summer drilling campaign on the Chivas property, located in Sonora province, Mexico. The drilling outlined a new hydrothermal mineralized breccia structure at Mesa Blanca, and also extended laterally and at depth the Piedra Rodante high grade low-sulfidation structure discovered by Amex’s Mexican subsidiary ‘Minerales X-Ore’ in 2006.

This first phase of drilling consisted of 7 drill holes totaling 2065.4 meters to test portions of the epithermal system discovered in 2011 (see press Release April 13, 2011) and to test the high grade gold-silver veins from the Piedra Rodante zone.

Highlights include:

High grade gold-silver veins where cut at the Piedra Rodante zone in holes:

Hole NS-12-07

Individual sections intersected, included 12.85 g/t Au and 444.0 g/t Ag over 1.5 meters.

Hole NS-12-06

Individual sections intersected, included, 8.42 g/t Au and 85.9 g/t Ag over 3 meters and ;

Hole NS-12-05

Individual sections intersected included 5.83 g/t Au and 147.0 g/t Ag over 1.4 meters;

All of these intersects are contained within much larger, lower grade breccia-type structures that returned: 0.62 g/t Au and 32.5 g/t Ag over 72.00 meters in hole NS-12-07; 1.11 g/t Au and 17.4 g/t Ag over 28.7 meters in hole #NS-12-06; 0.48 g/t Au and 44.6 g/t Ag over 62.0 meters in hole #NS-12-05 (see table #1).

Table 1

Summary of Drill Hole Results 2012 – CHIVAS
Drill   Hole  From   (m) To   (m) Width   (m)*  Au   g/t  Ag   g/t 
NS12-05    109.00 171.00 62.00 0.48 44.6

 Includes

109.00 115.65 6.35    1.13    232.4   

Includes 

109.00 110.50 1.50    1.24    721.0   
From    143.50 171.00 27.50 0.59 30.2

Includes 

143.50 155.50 12.00    1.17    57.0   

Includes 

148.00 151.00 3.00    3.86    117.1   

Includes 

149.60 151.00 1.40    5.83    147.0   
NS12-06    43.00 80.00 37.00 0.87 13.2

Includes 

48.30 77.00 28.70    1.11    17.4   

Includes 

49.50 66.50 17.00    1.77    26.0   

Includes 

51.00 54.00 3.00    8.42    85.9   
NS12-07    131.50 203.50 72.00 0.62 32.5

Includes 

176.50 199.00 22.5    1.90    94.2   

Includes 

184.95 196.00 11.05    3.71    175.8   

Includes 

189.00 195.00 6.00    5.87    244.4   

Includes 

190.50 192.00 1.50    12.85    444.0   

*apparent width

Jacques Trottier President and CEO of Amex and Paul A. Dumas President and CEO of Bowmore commented: “We are very excited with the results of this first phase drill program, with very limited drilling, we have successfully demonstrated the lateral and at depth extensions of the Piedra Rodante zone and, second, made a new discovery at Mesa Blanca. Even though gold and silver values at Mesa Blanca are thus far low, they are good indicators that we are above a much larger system, and possibly be connected with the Piedra Rodante to the north. Only deeper drilling of this new hydrothermal low-sulfidation structure will demonstrate its economic potential. Furthermore we still have not tested the “Mesa” and “Cerro Rojo” zones to the NNW of the Piedra Rodante zone whereas several indicators of the epithermal system are still present.”

The structure of the Piedra Rodante zone, where the mineralization is emplaced in a N005W fault with 60-62o dip toward the East, is known in outcrops and in various drill holes over a strike length of about 1,000 meters and to a depth of 240 meters, and is still open below this level. The mineralized structure presents a low grade envelope, 10 to 20 m wide, of >1 g/t Au and >100 g/t Ag that include 1.5 to 6 meter wide intervals with grades greater than 8 g/t Au and >350 g/t Ag. The paragenesis of the mineralization includes an early stage of marcasite-pyrite with low silica content followed by a pulse of hydrothermal breccia. This breccia presents clasts of the volcanic host rock, and sulfide fragments of the early sulphide event cemented by a hydrothermal matrix composed by bands of chalcedonic silica, and py-marcasite-arsenopyrite with colloform – crustiform texture. The total content of sulfides doesn’t exceed 5% volume. The silicate-3

alteration-epithermal minerals observed within the best-mineralized zone include illite-sericite, illite-smectite (the two micas assemblage), probably white fine-grained adularia, and carbonate minerals that had been leached.

Down dip, the vein of Piedra Rodante is marked by a low grade mineralized envelop that surrounds the high-grade vein-breccia zone. Within the low grade mineralized envelop there is a high grade zone that continues within the 240 meter known vertical section, including 3 to 6 m intervals with Au equivalent values between 5.8 g/t and 9.94 g/t. The best-mineralized interval was intersected in the deepest drill hole with 6 m of 9.94 g/t Au eq., including 1.5m of 20.3 g/t Au eq. The Ag: Au ratios do not present a clear vertical zoning, with values varying between 40 and 140. (A ratio of 60 has been used to convert Ag into Au equivalent values)

The other zone of interest (as described in the Press Release dated May 17th 2012) is called ‘Mesa Blanca’, where high resistivity anomalies at the sub-surface were found, indicating the presence of anomalous gold and silica associated with disseminated sulphides. It also corresponded to previous surface sampling and identification of high silicification and a large area of anomalous buddingtonite from the TerraSpec sampling program done in early 2011.

Results from the two holes drilled to test this target, are separated by about 550 meters and are quite similar. This target is located at about 1000 meters SSE of the Piedra Rodante zone. Both have cut a brecciated silicified zone that is similar to the breccia observed in outcrops and contain clasts of the volcanic host rock cemented by fine-grained silica red matrix. Gold grades >1g/t are associated with the injection of py-marcasite and chalcedonic silica within the breccia. Drill hole NS-12-03 was drilled in this area and intercepted a structure with 20.5 meters @ 0.1 g/t Au, 0.5g/t Ag, 204 ppm As and 15 ppm Sb at around 110 m from the current surface, and drill hole # NS-12-04 intersected a similar structure with 18.75 meters @ 0.07 g/t Au, 1.3 g/t Ag, 275 ppm As and 13 ppm Sb at about 200 meters below the current surface.

The Chivas Property is composed of 2 exploration titles covering over 24,841 hectares and is located within the Sierra Madre Occidental gold belt (“SMO”). The SMO is known to host reserves of more than 40 Million ounces of gold and 2 Billion ounces of silver. The Chivas property, optioned to Bowmore (BOW: TSX-V, “Amex”) is 15 kilometers to the west of the Dolores Mine previously owned by Minfinders Corporation Ltd. and now Pan American silver Corp. The earn-in option provides Bowmore the right to acquire up to 70% interest in the property (see news release dated April 8, 2010.

Amex and Bowmore managements are very enthusiastic about the results of this first drilling campaign on the property located in the prolific Sierra Madre gold belt.

Amex follows strict QA-QC protocol measures in keeping with industry standards and regulatory reporting requirements. All drill cores was processed using descriptive logging and systematic sampling for analysis. NQ core samples were cut in half, with one half delivered to a commercial laboratory and the other half retained for future reference. Duplicates, blanks and standards were inserted into the sample sequence. Lost core within mineralized intersections (generally less than 1%) were incorporated as blank intervals. All samples were prepared and analyzed at the facilities of ALS Chemex Hermosillo, Mexico and pulps sent to ALS Chemex Vancouver. Gold

content was first analyzed utilizing standard fire assay fusion of a 50 gram charge, followed by Atomic Absorption Spectroscopy (Au 50g FA AA finish). For those samples that yielded assays greater than 10 ppm Au (10 g/t Au), the samples were assayed again utilizing standard fire assay fusion, followed by gravimetric analysis (Au 50g FA-GRAV finish). All other elements, including silver, were analyzed utilizing Inductively Coupled Plasma – Atomic Emission Spectroscopy (35 Element Aqua Regia ICP AES) methods, on a prepared sample digested with aqua regia. For those samples that yielded assays greater than 100 ppm Ag (100 g/t Ag), the samples were assayed again by the default over limit method Ag Ore grade Ag – Aqua Regia. The reader is directed to ALS Chemex website for more details:

http://www.alsglobal.com/minerals/downloads/short-method-descriptions.aspx.

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

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.

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, September 28, 2012 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to announce that it has closed a non-brokered private placement consisting of (i) 89 series “A” units (the “A Units”) at a price of $2,450 per A Unit, and (ii) 96 series “B” units (the “B Units”) at a price of 2,000 per B Unit, for gross proceeds of $410,050 (the “Private Placement”). Each A Unit is comprised of (i) 9,000 common shares of the Corporation issued on a flow-through basis (the “Flow-through Shares”) at an issue price of $0.25 per Flow-Through Share, and (ii) 1,000 common shares of the Corporation issued on a non flow-through basis (the “A Shares”) at an issue price of $0.20 per A Share. Each B Unit is comprised of (i) 10,000 common shares of the Corporation (the “B Shares”) at an issue price of $0.20 per B Share, and (ii) 10,000 common share purchase warrants (the “Warrants”). Each Warrant entitle its holder thereof to purchase one additional common share at a price of $0.25 per common share for a period of 18 months following the closing date of the Private Placement.

In connection with the Private Placement, Amex paid a finder’s fee equal $18,608 to National Bank Financial Inc. (“NBF”), a non-related party to the Corporation, and also granted to NBF 79,712 agent’s options (the “Agent’s Options”); each Agent’s Option entitling the holder thereof to acquire one common share of Amex at a price of $0.20 per common share for a period of 24 months following the closing date of the Private Placement.

The net proceeds from the sale of the Flow-Through Shares will be used by the Corporation to finance the Corporation’s exploration program on its properties located in the Province of Quebec, and the net proceeds from the sale of the A Shares and of the B Shares will be used by the Corporation for general working capital purposes.

All securities issued pursuant to the Private Placement are subject to a 4-month and one day hold period, expiring on January 29, 2013. The Private Placement is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.

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.

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

Montreal, October 1, 2012 – Further to the closing of the most recently completed private placement of (i) 89 series “A” units (the “A Units”) at a price of $2,450 per A Unit, and (ii) 96 series “B” units (the “B Units”) at a price of 2,000 per B Unit, for gross proceeds of $410,050 (the “Private Placement”) disclosed on September 28, 2012, Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) wishes to highlight the participation of SODÉMEX II, s.e.c. in the Private Placement. “The commitment of SODÉMEX to the Private Placement is a strong endorsement of the quality of the Corporation’s flagship project, its development potential and the ability of the management to drive the Corporation forward,” Jacques Trottier” President and CEO and director of Amex said.

In addition, directors and officers of the Corporation have subscribed for a total of 11 B Units and 40 A Units in the Private Placement, constituting a “related party transaction” as defined under Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions (“Regulation 61-101”). The transaction is exempt from the formal valuation and minority shareholder approval requirements of Regulation 61-101 as neither the fair market value of any shares issued to or the consideration paid by such insiders exceeds 25% of the Corporation’s market capitalization.

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.

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.

Montreal, November 22, 2012 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to announce that it has closed a non-brokered private placement consisting of (i) 667,000 common shares of the Corporation issued on a flow‑through basis at an issue price of $0.25 per Flow‑Through Share, and (ii) 75,500 common shares of the Corporation issued on a non flow-through basis at an issue price of $0.20 per Common Share, each non flow thru share comprise one common share purchase warrant entitling the holder thereof to acquire one additional common share of Amex at $0.25 per share for a period of 18 months following the closing date for aggregate gross proceeds to the Corporation of $ 181,850.

In connection with the Private Placement, Amex paid a Finder’s fee equal to 8% of the net proceed to EMD Financial Inc. (“EMD”), a non-related party to the Corporation, and also granted to EMD 59,400 agent’s options (the “Agent’s Options”); each Agent’s Option entitling the holder thereof to acquire one common share of Amex at a price of $0.25 per common share for a period of 24 months following the closing date of the Private Placement.

The net proceeds from the sale of the Flow-Through Shares will be used by the Corporation to finance the Corporation’s exploration program on its properties located in the Province of Quebec, and the net proceeds from the sale of the Common Shares will be used by the Corporation for general working capital purposes.

All securities issued pursuant to the Private Placement are subject to a 4-month and one day hold period, expiring on March 23 2013. The Private Placement is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.

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.

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.