Amex Exploration Completes Final Tranche of C$37.25 Million Private Placement

Core Viewpoint - Amex Exploration Inc. has successfully completed an oversubscribed non-brokered private placement, raising a total of C$37,250,000 to fund exploration activities at the Perron Gold Project and for general working capital [1][2]. Group 1: Offering Details - The final tranche of the offering consisted of 1,877,000 common shares sold at C$1.60 per share, generating gross proceeds of C$3,003,200 [1]. - The first tranche, completed on August 7, 2025, raised C$34,246,800, making the total offering amount C$37,250,000 [1]. - The offering was oversubscribed, exceeding the initially announced maximum size by C$7,280,000 [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to exploration at the Perron Gold Project, focusing on new target definition and drilling, as well as for general working capital [2]. Group 3: Regulatory and Compliance Information - All securities issued in connection with the offering are subject to a hold period of four months and one day from the issuance date, in accordance with Canadian securities laws [3]. - The offering is pending final acceptance from the TSX Venture Exchange [3]. Group 4: Company Overview - Amex Exploration Inc. has made significant high-grade gold discoveries at its 100%-owned Perron Gold Project, located approximately 110 kilometers north of Rouyn-Noranda, Quebec [5]. - The Perron Gold Project comprises 117 contiguous claims covering an area of 45.18 km² and hosts both bulk-tonnage and high-grade gold mineralization [5]. - When combined with the adjacent Perron West Project, the total land package spans 197.52 km², situated in a geologically favorable area for high-grade gold and volcanogenic massive sulphide (VMS) mineralization [6]. Group 5: Infrastructure and Accessibility - The Perron Gold Project benefits from excellent infrastructure, being accessible by a year-round road, located 20 minutes from an airport, and approximately 8 km from the Town of Normétal [7]. - The project is also in close proximity to several processing plants owned by major gold producers [7].