Auramex Announces Partial Closing of Private Placement

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NR #2018-23

FOR IMMEDIATE RELEASE TSX V Symbol: AUX December 27, 2018

Not for dissemination in the United States or through U.S. newswires

AURAMEX ANNOUNCES PARTIAL CLOSING OF PRIVATE PLACEMENT

Vancouver, British Columbia – Auramex Resource Corp. (the “Company” or “Auramex”) (TSX.V: AUX) reports it has closed a second portion of the non-brokered private placement announced on December 20, 2018. A total of 2,130,000 Flow-Through Shares (“FT Shares”) at a price of $0.05 per FT Share have been issued for gross proceeds of C$106,500 bringing the total proceeds to $191,500. The Company expects to close on a third and final portion of this financing in January 2019. A Finder’s fee of $6,390 was paid to PI Financial Corp. in respect of this Tranche 2.

The common shares issued under this portion of the financing are subject to a hold period and may not be traded until April 28, 2019.

This financing is subject to receipt of TSX Venture Exchange acceptance.

On behalf of the Board of Directors:

Lawrence Roulston President & CEO

For further information, contact:

Nancy Curry VP Corporate Development [email protected] 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.