Mr. Victor Cantore reports

AMEX ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS

Amex Exploration Inc. has granted 3.25 million incentive stock options and 2,026,000 restricted share units (RSUs) to certain directors, officers, employees and consultants to the company.

Each option is exercisable to acquire one common share of the company at a price of $2.85 per share, for a period of five years from the date of grant. The RSUs shall vest in three equal tranches, with one-third vesting on each of the first, second and third anniversaries of the date of grant. Upon vesting, each RSU shall entitle the holder to receive one share. All grants of options and RSUs are subject to the company's omnibus equity incentive plan, which was approved by shareholders at the company's annual general and special meeting of shareholders held on June 30, 2025. A copy of the equity incentive plan is included in the company's management information circular in respect of the meeting dated May 12, 2025, available via the company's profile on SEDAR+.

All of the options and RSUs (and any shares issuable upon exercise or settlement thereof) will be subject to a four-month-and-one-day hold period from the date of grant pursuant to the policies of the TSX Venture Exchange.

About Amex Exploration Inc.

Amex has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its 100-per-cent-owned Perron gold project, located approximately 110 kilometres north of Rouyn-Noranda, Que. The project comprises 117 contiguous claims (45.18 square kilometres) and hosts both bulk-tonnage and high-grade gold mineralization styles.

When combined with the adjacent Perron West project, which includes 48 claims (17.37 square kilometres) in Quebec and 35 claims (134.55 square kilometres) in Ontario, the consolidated land package spans a district-scale 197.52 square kilometres. 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, and is located just 20 minutes from an airport and approximately eight kilometres from the town of Normetal. It is also in close proximity to several process plants owned by major gold producers.