- Amex Exploration Announces Oversubscribed C$43.5 Million LIFE Offering and Additional Concurrent Private Placement of Up to C$31 Million
May 11, 2026
Amex Exploration Inc.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (“Amex” or the “Company”) is pleased to announce that as a result of excess demand, it has amended its previously announced agreement with National Bank Financial Inc. and MDCP Securities Limited (together, the “Co-Lead Agents”), as joint bookrunners and co-lead agents, on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a “best efforts” private placement offering under the LIFE Exemption (as defined herein) for up to 9,661,000 common shares of the Company (the “Common Shares“) at a price of $4.50 per Common Share (the “Offering Price”) for aggregate gross proceeds of up to $43,474,500 (the “LIFEOffering“).
The Agents have also been granted an option, exercisable in full or in part up to 48 hours prior to the Closing Date (as defined herein), to sell up to an additional 1,449,150 Common Shares at the Offering Price for additional gross proceeds of up to $6,521,175 under the LIFE Offering (the “Agents’ Option”).
In addition to the LIFE Offering, the Company announces its intention to complete: (i) a non-brokered concurrent private placement offering of up to 1,622,222 Common Shares at the Offering Price (the “Non-Brokered Concurrent Private Placement”); and (ii) a brokered concurrent private placement offering of up to 5,258,934 Common Shares at the Offering Price, assuming the exercise of the Agents’ Option in full and the issuance of the maximum number of Common Shares under the Non-Brokered Concurrent Private Placement (the “Brokered Concurrent Private Placement” and together with the Non-Brokered Concurrent Private Placement, the “Concurrent Private Placement”), for additional aggregate gross proceeds of up to $30,965,202.
Strategic investor Eldorado Gold Corporation (“Eldorado”) has indicated an interest to purchase up to 4,566,667 Common Shares under the Brokered Concurrent Private Placement (assuming the exercise of the Agents’ Option in full and the issuance of the maximum number of Common Shares under the Non-Brokered Concurrent Private Placement), in accordance with the Investor Rights Agreement dated January 16, 2024 between the Company and Eldorado. Mr. Victor Cantore, President and CEO of Amex, has also indicated an interest to purchase up to 394,011 Common Shares under the Brokered Concurrent Private Placement (assuming the exercise of the Agents’ Option in full).
The net proceeds of the LIFE Offering and Concurrent Private Placement will be used to fund the capital expenditures for the Company’s bulk sampling program and a portion of the phase 1 development of the Perron Gold Project, a feasibility study on the phase 2 development of the project, exploration of the Company’s properties, and general corporate purposes.
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The Common Shares to be issued under the LIFE Offering will be offered for sale to “accredited investors” (within the meaning of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”)) in reliance on the “listed issuer financing exemption” available under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “LIFE Exemption“) in each of the provinces and territories of Canada. The Common Shares to be issued under the LIFE Offering are expected to be immediately freely tradeable under applicable Canadian securities laws if sold to purchasers resident in Canada. The Common Shares to be issued under the Concurrent Private Placement will be issued in reliance on the “accredited investor” exemption available under NI 45-106 in each of the provinces and territories of Canada and will be subject to a four month hold period under applicable Canadian securities legislation. The Common Shares to be issued under the LIFE Offering and the Concurrent Private Placement may also be offered in the United States or to, or for the account or benefit of, U.S. persons, pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.
The LIFE Offering and the Brokered Concurrent Private Placement will be completed pursuant to the terms of an agency agreement to be entered into among the Company and the Agents on the Closing Date. The Company will pay to the Agents a cash commission equal to 5.0% of the gross proceeds of the LIFE Offering and the Brokered Concurrent Private Placement, excluding the gross proceeds from the sale of up to 394,011 Common Shares to Mr. Cantore or to investors otherwise identified by the Company pursuant to a “president’s list”.
The LIFE Offering and the Concurrent Private Placement are expected to close on or about May 21, 2026, or such other date as the Company and the Co-Lead Agents may agree (the “Closing Date“). Completion of the LIFE Offering and the Concurrent Private Placement is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “Exchange”).
There is an amended and restated offering document related to the LIFE Offering (the “A&ROffering Document“) that can be accessed under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.amexexploration.com. Prospective investors should read the A&R Offering Document and other documents on the Company’s issuer profile on SEDAR+ before making an investment decision.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration requirements is available. “United States” and “U.S. person” have the meaning ascribed to them in Regulation S under the U.S. Securities Act.
About Amex
Amex Exploration Inc. has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its 100%-owned Perron Gold Project, located approximately 110 kilometres north of Rouyn-Noranda, Quebec. The Perron Project in Quebec consists of 183 contiguous claims for a surface area of 65.75 km². The project hosts several zones of high-grade gold mineralization, VMS mineralization and 'hybrid' gold-rich VMS mineralization.
When combined with the adjacent and contiguous Perron West Project and Abbotsford and Hepburn Projects (including additional claims acquired through staking) in Ontario, the consolidated land package spans a district-scale 570.94 km². This extensive property lies within highly prospective geology favourable for both high-grade gold and VMS mineralization.
The Project benefits from excellent infrastructure: it is accessible by a year-round road, located just 30 minutes from an airport, and approximately 6.5 km from the Town of Normétal. It is also in close proximity to several process plants owned by major gold producers.
For further information, please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration Inc.
Telephone: +1-514-866-8209
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.
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, statements with respect to, the completion of the LIFE Offering and the Concurrent Private Placement, including the participation of Eldorado and Mr. Cantore under the Concurrent Private Placement; the expected gross proceeds of the LIFE Offering and the Concurrent Private Placement; the intended use of proceeds from the LIFE Offering and the Concurrent Private Placement; the potential exercise of the Agents’ Option; the anticipated date for closing of the LIFE Offering and the Concurrent Private Placement; and the receipt of all necessary regulatory and other approvals, including approval of the Exchange. Generally, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Such forward-looking information is based on numerous assumptions including, among others, that the results of planned exploration activities are as anticipated; that the price of gold and other commodities, the anticipated cost of planned exploration activities, and general business and economic conditions will not change in a material adverse manner; that financing will be available if and when needed and on reasonable terms; that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time such assumptions were made, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements including, among others: changes in the Company’s share price, changes in world gold markets, negative operating cash flow and dependence on third party financing; uncertainty regarding the ability to obtain additional financing if and when needed and on reasonable terms; Aboriginal title and consultation issues; reliance on key management and other personnel; actual results of exploration activities being different than anticipated; changes in exploration programs based upon results; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents; effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; general business, economic, competitive, political and social uncertainties; environmental risks; changes in laws and regulations; community relations and delays in obtaining governmental or other approvals and the risk factors with respect to the Company set out in the Company’s filings with the Canadian securities regulators and available under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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- Amex Exploration Announces Oversubscribed C$43.5 Million LIFE Offering and Additional Concurrent Private Placement of Up to C$31 Million
May 11, 2026 · globenewswire.com
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (“Amex” or the “Company”) is pleased to announce that as a result of excess demand, it has amended its previously announced agreement with National Bank Financial Inc. and MDCP Securities Limited (together, the “Co-Lead Agents”), as joint bookrunners and co-lead agents, on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a “best efforts” private placement offering under the LIFE Exemption (as defined herein) for up to 9,661,000 common shares of the Company (the “Common Shares“) at a price of $4.50 per Common Share (the “Offering Price”) for aggregate gross proceeds of up to $43,474,500 (the “LIFE Offering“). The Agents have also been granted an option, exercisable in full or in part up to 48 hours prior to the Closing Date (as defined herein), to sell up to an additional 1,449,150 Common Shares at the Offering Price for additional gross proceeds of up to $6,521,175 under the LIFE Offering (the “Agents' Option”).
- AMEX EXPLORATION ANNOUNCES OVERSUBSCRIBED C$43.5 MILLION LIFE OFFERING AND ADDITIONAL CONCURRENT PRIVATE PLACEMENT OF UP TO C$31 MILLION
May 11, 2026
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, MAY 11, 2026 (GLOBE NEWSWIRE) -- AMEX EXPLORATION INC. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (“AMEX” OR THE “COMPANY”) IS PLEASED TO ANNOUNCE THAT AS A RESULT OF EXCESS DEMAND, IT HAS AMENDED ITS PREVIOUSLY ANNOUNCED AGREEMENT WITH NATIONAL BANK FINANCIAL INC. AND MDCP SECURITIES LIMITED (TOGETHER, THE “CO-LEAD AGENTS”), AS JOINT BOOKRUNNERS AND CO-LEAD AGENTS, ON BEHALF OF A SYNDICATE OF AGENTS (COLLECTIVELY, THE “AGENTS”), IN CONNECTION WITH A “BEST EFFORTS” PRIVATE PLACEMENT OFFERING UNDER THE LIFE EXEMPTION (AS DEFINED HEREIN) FOR UP TO 9,661,000 COMMON SHARES OF THE COMPANY (THE “COMMON SHARES“) AT A PRICE OF $4.50 PER COMMON SHARE (THE “OFFERING PRICE”) FOR AGGREGATE GROSS PROCEEDS OF UP TO $43,474,500 (THE “LIFE OFFERING“). THE AGENTS HAVE ALSO BEEN GRANTED AN OPTION, EXERCISABLE IN FULL OR IN PART UP TO 48 HOURS PRIOR TO THE CLOSING DATE (AS DEFINED HEREIN), TO SELL UP TO AN ADDITIONAL 1,449,150 COMMON SHARES AT THE OFFERING PRICE FOR ADDITIONAL GROSS PROCEEDS OF UP TO $6,521,175 UNDER THE LIFE OFFERING (THE “AGENTS' OPTION”).
- Amex Exploration annonce un placement privé d’actions ordinaires d’une valeur maximale de 43.5 millions $ CA
May 5, 2026
NE PAS DISTRIBUER AUX AGENCES DE TRANSMISSION DES ÉTATS-UNIS NI DIFFUSER AUX ÉTATS-UNIS
MONTRÉAL, 05 mai 2026 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (« Amex » ou la « Société ») a le plaisir d’annoncer qu’elle a conclu une entente avec Financière Banque Nationale Inc. et MDCP Securities Limited (collectivement, les « Co-chefs de file »), à titre de co-teneurs de livres et co-chefs de file, pour le compte d’un syndicat de placeurs pour compte devant être nommés (collectivement, les « Placeurs pour compte »), relativement à un placement privé par voie de placement pour compte en vertu de la Décision (telle que définie aux présentes) visant jusqu’à concurrence de 9 661 000 actions ordinaires de la Société (les « Actions ordinaires ») au prix de 4.50 $ par Action ordinaire (le « Prix de souscription ») pour un produit brut total pouvant atteindre 43 474 500 $ (le « Placement »).
Les Placeurs pour compte se sont également vu accorder une option, pouvant être exercée en totalité ou en partie jusqu’à 48 heures avant la Date de clôture (telle que définie aux présentes), leur permettant de vendre jusqu’à 1 449 150 Actions ordinaires additionnelles au Prix de souscription, pour un produit brut additionnel pouvant atteindre 6 521 175 $. Le Placement sera réalisé conformément aux modalités d’une convention de placement pour compte devant être conclue entre la Société et les Placeurs pour compte à la Date de clôture.
Le produit net du Placement sera affecté au financement des dépenses en capital pour la phase de développement de l’échantillonnage en vrac du projet aurifère Perron et aux fins générales de l’entreprise.
Aux termes de la convention relative aux droits des investisseurs intervenue en date du 16 janvier 2024 entre la Société et Eldorado Gold Corporation (« Eldorado »), la Société prévoit qu’Eldorado exercera son droit de participation pour acheter des Actions ordinaires au Prix de souscription.
Victor Cantore, président et chef de la direction d’Amex, déclare : «Grâce à ce financement par capitaux propres, nous sommes bien positionnés pour mener à bien le prélèvement de l’échantillon en vrac de 40 000 tonnes prévu au projet aurifère Perron en 2026, l’objectif étant de commencer le traitement du minerai en 2027. Il s’agit d’une étape importante et d’un événement clé permettant de réduire les risques pour Amex, alors que nous mettons en œuvre notre stratégie visant à accélérer la production de la phase 1 à Perron. Je conserverai ma quote-part de la propriété d’actions et investirai aux côtés de nos actionnaires, et nous comptons sur le soutien continu d’Eldorado. Nous sommes également ravis d’accueillir de nouveaux actionnaires inscrits au registre alors que nous entamons à Perron cette nouvelle phase de croissance exaltante. »
M. Cantore a l’intention de participer au Placement jusqu’à concurrence de sa participation proportionnelle dans la Société.
Les Actions ordinaires seront offertes en vente à des « investisseurs qualifiés » (au sens de la Norme canadienne 45-106 sur les dispenses de prospectus (au Québec, le Règlement 45-106 sur les dispenses de prospectus) (le « Règlement 45-106 »)) sur le fondement de la « dispense pour financement de l’émetteur coté » prévue à la partie 5A du Règlement 45-106, telle que modifiée par la Décision générale coordonnée 45-935 relative à la dispense de certaines conditions de la dispense pour financement de l’émetteur coté (la « Décision ») dans chacune des provinces et chacun des territoires du Canada. Les valeurs mobilières émises en lien avec le Placement devraient être librement négociables immédiatement en vertu de la législation canadienne applicable en valeurs mobilières si elles sont vendues à des acheteurs résidant au Canada. Les Actions ordinaires pourront également être offertes aux États-Unis ou à des « personnes des États-Unis », ou pour leur compte ou leur bénéfice, conformément à une ou plusieurs dispenses des exigences d’inscription prévues par la United States Securities Act of 1933, dans sa version modifiée, le cas échéant (la « Loi américaine sur les valeurs mobilières »), et dans des territoires à l’extérieur du Canada et des États-Unis dans le cadre d’un placement privé ou l’équivalent, dans chaque cas conformément à toutes les lois applicables, pourvu qu’aucun prospectus, aucune déclaration d’inscription ni aucun autre document similaire ne soit requis dans ce territoire.
La clôture du Placement est prévue le (ou vers le) 21 mai 2026, ou à toute autre date convenue entre la Société et les Co-chefs de file (la « Date de clôture »). La réalisation du Placement est assujettie à certaines conditions de clôture, y compris, sans s’y limiter, l’obtention de toutes les approbations nécessaires, notamment l’approbation de la Bourse de croissance TSX (la « Bourse »).
Dans le cadre du Placement, la Société versera aux Placeurs pour compte une commission en espèces correspondant à 5.0% du produit brut du Placement.
Un document d’offre relatif au Placement (le « Document d’offre ») est accessible sous le profil de l’émetteur de la Société sur SEDAR+ à www.sedarplus.ca et sur le site Web de la Société à l’adresse www.amexexploration.com. Les investisseurs potentiels devraient lire ce Document d’offre et les autres documents du profil SEDAR+ de la Société avant de prendre une décision d’investissement.
Ce communiqué de presse ne constitue pas une offre de vente ni une sollicitation d’une offre d’achat, et il n’y aura aucune vente de titres dans tout territoire où une telle offre, sollicitation ou vente serait illégale, y compris tout titre aux États-Unis d’Amérique. Les titres n’ont pas été et ne seront pas inscrits en vertu de la Loi américaine sur les valeurs mobilières ou de toute loi sur les valeurs mobilières d’un État, et ne peuvent être offerts ou vendus aux États-Unis ou à des personnes des États-Unis ou pour leur compte ou leur bénéfice, sauf s’ils sont inscrits en vertu de la Loi américaine sur les valeurs mobilières et des lois sur les valeurs mobilières des États applicables, ou si une dispense de ces exigences d’inscription est disponible. Les termes « États-Unis » et « personnes des États-Unis » ont le sens qui leur est attribué dans le Règlement S pris en application de la Loi américaine sur les valeurs mobilières.
À propos d’Amex
Amex Exploration Inc. a réalisé d’importantes découvertes aurifères à haute teneur, ainsi que des zones de sulfures massifs volcanogènes (SMV) riches en cuivre, sur son projet aurifère Perron détenu à 100 % et situé à environ 110 kilomètres au nord de Rouyn-Noranda (Québec). Le projet Perron comprend 183 claims contigus couvrant une superficie de 65,75 km². Le projet comprend plusieurs zones de minéralisation aurifère à haute teneur, de minéralisation SMV et de minéralisation SMV « hybride » riche en or.
Combiné aux projets adjacents et contigus Perron Ouest, Abbotsford et Hepburn (y compris des claims supplémentaires acquis par jalonnement) en Ontario, l’ensemble foncier consolidé couvre 570,94 km² à l’échelle du district. Cette vaste propriété se situe dans une zone géologique très prometteuse, favorable à la fois à la présence de minéralisation aurifère à haute teneur et de minéralisation SMV.
Le projet bénéficie d’excellentes infrastructures : accès routier à l’année, situé à 30 minutes d’un aéroport et à environ 6,5 km de la ville de Normétal. Il est également situé à proximité de plusieurs usines de traitement appartenant à d’importants producteurs d’or.
Pour plus d'information, veuillez contacter :
Victor Cantore
Président et chef de la direction
Amex Exploration Inc.
Téléphone: +1-514-866-8209
La Bourse de croissance TSX et son fournisseur de services de réglementation (au sens attribué à ce terme dans les politiques de la Bourse de croissance TSX) n’assument aucune responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.
Mise en garde concernant les énoncés prospectifs
Les renseignements contenus dans le présent communiqué comprennent des « informations prospectives » au sens de la législation canadienne applicable en valeurs mobilières. Les « informations prospectives » comprennent, sans s’y limiter, les énoncés concernant les activités, événements ou développements qui, selon la Société se produiront ou pourraient se produire dans le futur, y compris, sans s’y limiter, les énoncés concernant la réalisation du Placement; le produit brut prévu du Placement; l’utilisation prévue du produit du Placement; l’exercice potentiel de l’option accordée aux Placeurs pour compte; l’hypothèse de la Société selon laquelle Eldorado exercera son droit de participation aux termes de la Convention relative aux droits des investisseurs intervenue en date du 16 janvier 2024 entre la Société et Eldorado; la date prévue de clôture du Placement; l’obtention de toutes les approbations réglementaires et autres nécessaires, y compris l’approbation de la Bourse. En règle générale, mais pas toujours, les informations prospectives peuvent être identifiées par l’utilisation de termes tels que « planifie », « s’attend », « est prévu », « budget », « prévu », « estimations », « prévisions », « a l’intention », « anticipe » ou « croit », ou leur connotation négative, ou des variantes de ces termes et expressions, ou indiquent que certaines actions, ou certains événements ou résultats « peuvent », « pourraient », « auraient », « seraient susceptibles » ou « seront pris », « se produiront » ou « seront atteints », ou leur connotation négative.
Ces informations prospectives sont fondées sur de nombreuses hypothèses, y compris, entre autres, que les résultats des activités d’exploration planifiées sont tels qu’anticipés, que le prix de l’or et d’autres produits de base, le coût anticipé des activités d’exploration planifiées et la conjoncture commerciale et économique générale ne changeront pas de manière défavorable importante, que du financement sera disponible si et quand nécessaire et à des conditions raisonnables, que les entrepreneurs tiers, l’équipement et les fournitures ainsi que les approbations gouvernementales et autres requises pour mener les activités d’exploration planifiées de la Société seront disponibles à des conditions raisonnables et en temps opportun. Bien que les hypothèses faites par la Société dans la présentation d’informations prospectives soient considérées comme raisonnables par la direction au moment où ces hypothèses ont été faites, rien ne garantit que ces hypothèses se révéleront exactes.
Les informations et énoncés prospectifs comportent également des risques et des incertitudes connus et inconnus ainsi que d’autres facteurs qui peuvent faire en sorte que les événements ou résultats réels dans les périodes futures diffèrent sensiblement de toute projection d’événements ou de résultats futurs exprimée ou implicite dans ces informations ou énoncés prospectifs, y compris, entre autres : les variations du cours de l’action de la Société, les changements sur les marchés mondiaux de l'or, les flux de trésorerie d’exploitation négatifs et la dépendance au financement par des tiers; l’incertitude quant à la capacité d’obtenir du financement supplémentaire si et quand nécessaire et à des conditions raisonnables; les questions relatives aux titres et à la consultation autochtones; la dépendance envers des membres de la direction et d’autres membres du personnel clés; les résultats réels des activités d’exploration qui diffèrent de ceux anticipés; les modifications aux programmes d’exploration en fonction des résultats; la disponibilité d’entrepreneurs tiers; la disponibilité d’équipement et de fournitures; le défaut de l’équipement de fonctionner comme prévu; les accidents; les effets des conditions météorologiques et d’autres phénomènes naturels et d’autres risques associés à l’industrie de l’exploration minière; les incertitudes générales commerciales, économiques, concurrentielles, politiques et sociales; les risques environnementaux; les modifications aux lois et règlements; les relations avec les communautés et les retards dans l’obtention d’approbations gouvernementales ou autres, ainsi que les facteurs de risque concernant la Société énoncés dans les documents déposés par la Société auprès des autorités canadiennes en valeurs mobilières et disponibles sous le profil de l’émetteur de la Société sur SEDAR+ à www.sedarplus.ca. En conséquence, les lecteurs ne devraient pas se fier indûment à l’information prospective. La Société décline toute intention ou obligation de mettre à jour ou de réviser toute information prospective, que ce soit à la suite de nouveaux renseignements, d’événements futurs ou autrement, sauf si la loi l’exige.
- Amex Exploration Announces up to C$43.5 Million Private Placement of Common Shares
May 5, 2026
Amex Exploration Inc.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
MONTREAL, May 05, 2026 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or the "Company") is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and MDCP Securities Limited (together, the “Co-Lead Agents”), as joint bookrunners and co-lead agents, on behalf of a syndicate of agents to be appointed (collectively, the “Agents”), in connection with a “best efforts” private placement offering under the LIFE Exemption (as defined herein) for up to 9,661,000 common shares of the Company (the “Common Shares“) at a price of $4.50 per Common Share (the “Offering Price”) for aggregate gross proceeds of up to $43,474,500 (the “Offering“).
The Agents have also been granted an option, exercisable in full or in part up to 48 hours prior to the Closing Date (as defined herein), to sell up to an additional 1,449,150 Common Shares at the Offering Price for additional gross proceeds of up to $6,521,175. The Offering will be completed pursuant to the terms of an agency agreement to be entered into among the Company and the Agents on the Closing Date.
The net proceeds of the Offering will be used for the funding of the capital expenditures for the bulk sampling development phase of the Perron Gold Project and general corporate purposes.
Pursuant to the Investor Rights Agreement dated as of January 16, 2024, between the Company and Eldorado Gold Corporation (“Eldorado”), the Company anticipates that Eldorado will exercise its participation right to purchase Common Shares at the Offering Price.
Victor Cantore, President and CEO of Amex, states, “With this equity financing, we are well positioned to advance the planned 40,000-tonne bulk sample at the Perron Gold Project in 2026, with the objective of initiating ore processing in 2027. This represents a significant milestone and a key derisking event for Amex as we execute our strategy to accelerate Phase 1 production at Perron. I will be maintaining my pro rata ownership and investing alongside our shareholders, and we anticipate continued support from Eldorado. We are also pleased to welcome new shareholders to the register as we move forward with this next exciting phase of growth at Perron.”
Mr. Cantore intends to participate in the Offering for an amount representing up to his pro rata interest in the Company.
The Common Shares will be offered for sale to “accredited investors” (within the meaning of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) in reliance on the “listed issuer financing exemption” available under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “LIFE Exemption“) in each of the provinces and territories of Canada. The securities issued in connection with the Offering are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada. The Common Shares may also be offered in the United States or to, or for the account or benefit of, U.S. persons, pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.
Story Continues
The Offering is expected to close on or about May 21, 2026, or such other date as the Company and the Co-Lead Agents may agree (the “Closing Date“). Completion of the Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “Exchange”).
In connection with the Offering, the Company will pay to the Agents a cash commission equal to 5.0% of the gross proceeds of the Offering.
There is an offering document related to the Offering (the “Offering Document“) that can be accessed under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.amexexploration.com. Prospective investors should read this Offering Document and other documents on the Company’s SEDAR+ profile before making an investment decision.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration requirements is available. “United States” and “U.S. person” have the meaning ascribed to them in Regulation S under the U.S. Securities Act.
About Amex
Amex Exploration Inc. has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its 100%-owned Perron Gold Project, located approximately 110 kilometres north of Rouyn-Noranda, Quebec. The Perron Project in Quebec consists of 183 contiguous claims for a surface area of 65.75 km². The project hosts several zones of high-grade gold mineralization, VMS mineralization and 'hybrid' gold-rich VMS mineralization.
When combined with the adjacent and contiguous Perron West Project and Abbotsford and Hepburn Projects (including additional claims acquired through staking) in Ontario, the consolidated land package spans a district-scale 570.94 km². This extensive property lies within highly prospective geology favourable for both high-grade gold and VMS mineralization.
The Project benefits from excellent infrastructure: it is accessible by a year-round road, located just 30 minutes from an airport, and approximately 6.5 km from the Town of Normétal. It is also in close proximity to several process plants owned by major gold producers.
For further information, please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration Inc.
Telephone: +1-514-866-8209
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.
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, statements with respect to, the completion of the Offering; the expected gross proceeds of the Offering; the intended use of proceeds from the Offering; the potential exercise of the option granted to the Agents; the Company’s anticipation that Eldorado will exercise its participation right under the Investor Rights Agreement dated as of January 16, 2024, between the Company and Eldorado ; the anticipated date for closing of the Offering; and the receipt of all necessary regulatory and other approvals, including approval of the Exchange. Generally, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Such forward-looking information is based on numerous assumptions including, among others, that the results of planned exploration activities are as anticipated; that the price of gold and other commodities, the anticipated cost of planned exploration activities, and general business and economic conditions will not change in a material adverse manner; that financing will be available if and when needed and on reasonable terms; that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time such assumptions were made, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements including, among others: changes in the Company’s share price, changes in world gold markets, negative operating cash flow and dependence on third party financing; uncertainty regarding the ability to obtain additional financing if and when needed and on reasonable terms; Aboriginal title and consultation issues; reliance on key management and other personnel; actual results of exploration activities being different than anticipated; changes in exploration programs based upon results; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents; effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; general business, economic, competitive, political and social uncertainties; environmental risks; changes in laws and regulations; community relations and delays in obtaining governmental or other approvals and the risk factors with respect to the Company set out in the Company’s filings with the Canadian securities regulators and available under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
View Comments
- Amex Exploration Announces up to C$43.5 Million Private Placement of Common Shares
May 5, 2026
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
MONTREAL, May 05, 2026 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or the "Company") is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and MDCP Securities Limited (together, the “Co-Lead Agents”), as joint bookrunners and co-lead agents, on behalf of a syndicate of agents to be appointed (collectively, the “Agents”), in connection with a “best efforts” private placement offering under the LIFE Exemption (as defined herein) for up to 9,661,000 common shares of the Company (the “Common Shares“) at a price of $4.50 per Common Share (the “Offering Price”) for aggregate gross proceeds of up to $43,474,500 (the “Offering“).
The Agents have also been granted an option, exercisable in full or in part up to 48 hours prior to the Closing Date (as defined herein), to sell up to an additional 1,449,150 Common Shares at the Offering Price for additional gross proceeds of up to $6,521,175. The Offering will be completed pursuant to the terms of an agency agreement to be entered into among the Company and the Agents on the Closing Date.
The net proceeds of the Offering will be used for the funding of the capital expenditures for the bulk sampling development phase of the Perron Gold Project and general corporate purposes.
Pursuant to the Investor Rights Agreement dated as of January 16, 2024, between the Company and Eldorado Gold Corporation (“Eldorado”), the Company anticipates that Eldorado will exercise its participation right to purchase Common Shares at the Offering Price.
Victor Cantore, President and CEO of Amex, states, “With this equity financing, we are well positioned to advance the planned 40,000-tonne bulk sample at the Perron Gold Project in 2026, with the objective of initiating ore processing in 2027. This represents a significant milestone and a key derisking event for Amex as we execute our strategy to accelerate Phase 1 production at Perron. I will be maintaining my pro rata ownership and investing alongside our shareholders, and we anticipate continued support from Eldorado. We are also pleased to welcome new shareholders to the register as we move forward with this next exciting phase of growth at Perron.”
Mr. Cantore intends to participate in the Offering for an amount representing up to his pro rata interest in the Company.
The Common Shares will be offered for sale to “accredited investors” (within the meaning of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) in reliance on the “listed issuer financing exemption” available under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “LIFE Exemption“) in each of the provinces and territories of Canada. The securities issued in connection with the Offering are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada. The Common Shares may also be offered in the United States or to, or for the account or benefit of, U.S. persons, pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.
The Offering is expected to close on or about May 21, 2026, or such other date as the Company and the Co-Lead Agents may agree (the “Closing Date“). Completion of the Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “Exchange”).
In connection with the Offering, the Company will pay to the Agents a cash commission equal to 5.0% of the gross proceeds of the Offering.
There is an offering document related to the Offering (the “Offering Document“) that can be accessed under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.amexexploration.com. Prospective investors should read this Offering Document and other documents on the Company’s SEDAR+ profile before making an investment decision.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration requirements is available. “United States” and “U.S. person” have the meaning ascribed to them in Regulation S under the U.S. Securities Act.
About Amex
Amex Exploration Inc. has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its 100%-owned Perron Gold Project, located approximately 110 kilometres north of Rouyn-Noranda, Quebec. The Perron Project in Quebec consists of 183 contiguous claims for a surface area of 65.75 km². The project hosts several zones of high-grade gold mineralization, VMS mineralization and 'hybrid' gold-rich VMS mineralization.
When combined with the adjacent and contiguous Perron West Project and Abbotsford and Hepburn Projects (including additional claims acquired through staking) in Ontario, the consolidated land package spans a district-scale 570.94 km². This extensive property lies within highly prospective geology favourable for both high-grade gold and VMS mineralization.
The Project benefits from excellent infrastructure: it is accessible by a year-round road, located just 30 minutes from an airport, and approximately 6.5 km from the Town of Normétal. It is also in close proximity to several process plants owned by major gold producers.
For further information, please contact:
Victor Cantore
President and Chief Executive Officer
Amex Exploration Inc.
Telephone: +1-514-866-8209
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.
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, statements with respect to, the completion of the Offering; the expected gross proceeds of the Offering; the intended use of proceeds from the Offering; the potential exercise of the option granted to the Agents; the Company’s anticipation that Eldorado will exercise its participation right under the Investor Rights Agreement dated as of January 16, 2024, between the Company and Eldorado ; the anticipated date for closing of the Offering; and the receipt of all necessary regulatory and other approvals, including approval of the Exchange. Generally, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Such forward-looking information is based on numerous assumptions including, among others, that the results of planned exploration activities are as anticipated; that the price of gold and other commodities, the anticipated cost of planned exploration activities, and general business and economic conditions will not change in a material adverse manner; that financing will be available if and when needed and on reasonable terms; that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time such assumptions were made, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements including, among others: changes in the Company’s share price, changes in world gold markets, negative operating cash flow and dependence on third party financing; uncertainty regarding the ability to obtain additional financing if and when needed and on reasonable terms; Aboriginal title and consultation issues; reliance on key management and other personnel; actual results of exploration activities being different than anticipated; changes in exploration programs based upon results; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents; effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; general business, economic, competitive, political and social uncertainties; environmental risks; changes in laws and regulations; community relations and delays in obtaining governmental or other approvals and the risk factors with respect to the Company set out in the Company’s filings with the Canadian securities regulators and available under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
- Amex Exploration Announces up to C$43.5 Million Private Placement of Common Shares
May 5, 2026 · globenewswire.com
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, May 05, 2026 (GLOBE NEWSWIRE) -- Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or the "Company") is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and MDCP Securities Limited (together, the “Co-Lead Agents”), as joint bookrunners and co-lead agents, on behalf of a syndicate of agents to be appointed (collectively, the “Agents”), in connection with a “best efforts” private placement offering under the LIFE Exemption (as defined herein) for up to 9,661,000 common shares of the Company (the “Common Shares“) at a price of $4.50 per Common Share (the “Offering Price”) for aggregate gross proceeds of up to $43,474,500 (the “Offering“). The Agents have also been granted an option, exercisable in full or in part up to 48 hours prior to the Closing Date (as defined herein), to sell up to an additional 1,449,150 Common Shares at the Offering Price for additional gross proceeds of up to $6,521,175.
- AMEX EXPLORATION ANNOUNCES UP TO C$43.5 MILLION PRIVATE PLACEMENT OF COMMON SHARES
May 5, 2026
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, MAY 05, 2026 (GLOBE NEWSWIRE) -- AMEX EXPLORATION INC. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("AMEX" OR THE "COMPANY") IS PLEASED TO ANNOUNCE THAT IT HAS ENTERED INTO AN AGREEMENT WITH NATIONAL BANK FINANCIAL INC. AND MDCP SECURITIES LIMITED (TOGETHER, THE “CO-LEAD AGENTS”), AS JOINT BOOKRUNNERS AND CO-LEAD AGENTS, ON BEHALF OF A SYNDICATE OF AGENTS TO BE APPOINTED (COLLECTIVELY, THE “AGENTS”), IN CONNECTION WITH A “BEST EFFORTS” PRIVATE PLACEMENT OFFERING UNDER THE LIFE EXEMPTION (AS DEFINED HEREIN) FOR UP TO 9,661,000 COMMON SHARES OF THE COMPANY (THE “COMMON SHARES“) AT A PRICE OF $4.50 PER COMMON SHARE (THE “OFFERING PRICE”) FOR AGGREGATE GROSS PROCEEDS OF UP TO $43,474,500 (THE “OFFERING“). THE AGENTS HAVE ALSO BEEN GRANTED AN OPTION, EXERCISABLE IN FULL OR IN PART UP TO 48 HOURS PRIOR TO THE CLOSING DATE (AS DEFINED HEREIN), TO SELL UP TO AN ADDITIONAL 1,449,150 COMMON SHARES AT THE OFFERING PRICE FOR ADDITIONAL GROSS PROCEEDS OF UP TO $6,521,175.
- América Móvil Files Annual Report on Form 20-F
Apr 29, 2026
MEXICO CITY, April 29, 2026--(BUSINESS WIRE)--América Móvil, S.A.B. de C.V. ("AMX") [BMV: AMX] [NYSE: AMX], has filed its annual report for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission ("SEC"), the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, "CNBV"), and the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V., "BMV").
The English version of the annual report can be accessed by visiting either the SEC’s website at www.sec.gov or AMX’s website at www.americamovil.com, while the Spanish version of the annual report can be accessed by visiting BMV’s website at www.bmv.com.mx, CNBV’s website at www.cnbv.gob.mx or AMX’s website at www.americamovil.com.
In addition, AMX shareholders may receive, free of charge, a hard copy of AMX’s complete financial statements by requesting a copy from the contact below.
About América Móvil:
América Móvil is a leading provider of telecommunication services. As of December 31, 2025, it had 331 million wireless subscribers and 79 million fixed revenue generating units in Latin America and Europe.
This press release contains certain forward-looking statements that reflect the current views and/or expectations of AMX and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect," "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this press release. AMX is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260428453058/en/
Contacts
Daniela Lecuona
América Móvil Investor Relations Office
Telephone: + (5255) 2581-4449; E-mail: daniela.lecuona@americamovil.com
View Comments
- América Móvil Files Annual Report on Form 20-F
Apr 28, 2026 · businesswire.com
MEXICO CITY--(BUSINESS WIRE)--América Móvil, S.A.B. de C.V. (“AMX”) [BMV: AMX] [NYSE: AMX], has filed its annual report for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (“SEC”), the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, “CNBV”), and the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V., “BMV”). The English version of the annual report can be accessed by visiting either the SEC's we.
