Auramex announces management changes

Vancouver, British Columbia – Auramex Resource Corp. (the “Company” or “Auramex”) (TSX.V: AUX) is pleased to announce the appointments of Mr. Michael O’Brien as Chief Financial Officer and Corporate Secretary, Nancy Curry as Vice President, Corporate Development and Marie Brannstrom as Vice President, Operations.

Mr. O'Brien brings more than 25 years of financial management and regulatory compliance experience to the role of Chief Financial Officer.  He has served as CFO of a number of TSX and TSX.V listed companies including BHK Mining Corp., Golden Predator Mining Corp., and Africo Resources Ltd., and is currently CFO of Altamira Gold Corp.  His previous experience includes senior financial management roles in the Offshore Oil and Gas Exploration and Production sector.  Mr. O'Brien qualified as a Chartered accountant in South Africa in 1986 and has been a member of the Canadian Institute of Chartered Accountants since 1991.

Mr. O’Brien will be succeeding Mr. Wylie Hui, who is leaving to take on a leadership role with BDO Canada.  Lawrence Roulston, a director and Chief Executive Officer and President of the Company, states: “On behalf of the board of directors, we would like to thank Wylie for his contributions to Auramex during his time with the Company and wish him the best in his future endeavors.”

Ms. Nancy Curry brings over 25 years of financial market, strategic planning and public company management experience to Auramex. Nancy began her career working in the brokerage industry and since 1995 has worked with several mineral resource and development companies. Nancy will bring industry recognized best practices for Corporate Communications and Investor Relations programs to Auramex, in addition to strengths in corporate development, finance and strategic planning. Nancy was VP Corporate Communications for Diamonds North Resources Ltd. (2002 through 2010) where that company was nominated twice for Best Investor Relations by a TSX Venture Exchange Company by IR Magazine.  In 2014, Nancy founded her own company, MarketWorks Corporate Communication.

Auramex has entered into a six-month term contract with Nancy Curry as of July 3rd, 2018, which may be extended by mutual agreement or terminated by either party on 30 days notice.  Nancy will receive $3,000 per month and has been awarded 250,000 options with an exercise price of $0.055. 

Marie Brannstrom, B.Sc. (Hons. Earth Science), was appointed as a Director on April 10, 2018. Marie began her fifteen-year career in mineral exploration in the Snippaker Creek – Iskut River area of the Golden Triangle.  Since then, Marie’s experience has consisted almost exclusively of exploration for intrusion-related mineral deposits, including: Donlin-style porphyry gold in Alaska, Zeballos-type gold veins on Vancouver Island, iron oxide copper gold and porphyry mineralization in northern Mexico and Texas Creek plutonic suite in the Golden Triangle.  In her expanded role as Vice President, Operations,

Marie will continue to apply her extensive geological experience in the Golden Triangle to advancing the Auramex projects and will also take on the oversight of the data compilation and geological assessments and manage the field programs.

Grant of incentive stock options

Auramex announces the grant of incentive stock options under the Company's stock option plan to directors, officers, employees and consultants of the Company to purchase up to an aggregate of 518,000 treasury shares. The options are exercisable at a price of $0.055 per share for a period of 5 years and are subject to the policies and approval of the TSX Venture Exchange, and the Company’s stock option plan.

About Auramex

Auramex holds 190 square kilometers of mineral rights in BC’s Golden Triangle. The Georgie River property surrounds a past producing gold mine near tidewater, 18 km south of Stewart; the Tide North property is 4 km from an all-weather road; and the Bear Valley properties straddle highway 37A north and east of Stewart.

On behalf of the Board of Directors:
Lawrence Roulston
President & CEO
(604) 914-2142

For further information, contact:
Nancy Curry
VP Corporate Development
(604) 220-2971

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.

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