Private Placement
750 Grand Boulevard North Vancouver, BC V7L 3W4
Tel: 604-924-9376 Fax: 604-924-9371
FOR IMMEDIATE RELEASE (TSX V Symbol: AUX August 27, 2013
PRIVATE PLACEMENT
Auramex Resource Corp. (the “Company”) announces a private placement of up to 6,000,000 units at $0.03 per unit, for proceeds of $180,000. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of $0.05 per share in the first year, and $0.10 per share in the second year. The Company will pay cash finders’ fees of 10% to qualified finders who locate subscribers for the placement. The Private Placement will be conducted under the Temporary Relief Measures previously announced by the TSX Venture Exchange and is subject to the receipt of conditional acceptance from the Exchange not later than August 31, 2013. Final acceptance of the Exchange and closing of the placement must occur not later than 30 days from the date of conditional acceptance.
The net proceeds of the financing will be used to conduct exploration work necessary to maintain 26,000 hectares of the Company’s Stewart properties in good standing and to provide working capital. A detailed use of proceeds will be contained in the closing news release.
About Auramex Resource Corp. – www.auramex.com
Auramex Resource Corp. is a junior mining exploration company with projects in British Columbia and in Sinaloa State, Mexico. In B.C., the Company holds approximately 40,000 hectares near Stewart, a grass roots exploration project.
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.