Mr. Jacques Trottier reports

AMEX CLOSES $62,400 PRIVATE PLACEMENT

Amex Exploration Inc. has closed a non-brokered private placement of an aggregate amount of $62,400, through the sale of 780,000 regular units, priced at eight cents each. This financing completes the previously announced first tranche closing of $419,600 on Nov. 21, 2014.

The units consist of one common share and one common share purchase warrant, which can be exercised at the price of 13 cents for a period of 24 months following the closing date.

In connection with the private placement, Amex paid a finder's fee in the amount of $4,200 and issued 52,500 finder warrants. Each finder warrant entitles the holder to purchase one common share, at a price of nine cents, for a period of 24 months following the closing date.

The net proceeds from the sale of the common shares will be used by the corporation for general working capital purposes.

All securities issued pursuant to the private placement are subject to a four-month-and-one-day hold period. The private placement is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.