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File: CSQ NR 2017 04 26 - Announce Closing of PSA on Bruner.doc


CANAMEX RESOURCES CORP.  PATRIOT GOLD CORP.
Suite 303, 595 Howe Street    3651 Lindell Road, Suite D165
Vancouver, B.C. V5C 2T5    Las Vegas, NV  89103
Phone: (604) 336-8212  Fax:  (604) 718-2808  Phone: (702) 456-9565 
www.canamex.us      www.patriotgoldcorp.com

 NEWS RELEASE

Canamex Resources and Patriot Gold Complete Consolidation  of Ownership of Bruner Gold Project, Nye County Nevada


(April 26, 2017) Canamex Resources Corp. (TSX-V: CSQ) (OTC: CNMXF) (FSE: CX6) and Patriot Gold Corp. (OTC: PGOL) have 
--->closed the transaction whereby Canamex Resources has purchased Patriot Gold's 30-per-cent working interest in the Brun
--->er gold/silver mine for US$1.0 million cash. Patriot retains a two percent net smelter return royalty on the Bruner pr
--->operties including any claims acquired within a two-mile area of interest around the existing claims.  Additionally, C
--->anamex has the option to buy-down half of the NSR royalty retained by Patriot for US$5 million any time during a five-
--->year period following closing of the purchase and sale agreement. 
Canamex's chief executive officer, Mark Billings, commented: "This acquisition consolidates our 100-per-cent ownership
---> stake in the greater Bruner property and offers our shareholders greater leverage to the exploration upside on the pr
--->operty and an increase in the price of gold." 
Patriot Gold's Chairman, Bob Coale, said: "Consolidation of Patriot's interest in the Bruner project exemplifies our c
--->orporate mission of finding partners to develop our projects while maintaining an interest in the properties through n
--->et smelter returns.  We are looking forward to the continued success of the Bruner gold project".
Greg Hahn, President and COO of Canamex and a Certified Professional Geologist (#7122) is the Qualified Person under N
--->I43-101 responsible for preparing and reviewing for Canamex the data contained in this press release.
ON BEHALF OF THE BOARD OF CANAMEX  ON BEHALF OF THE BOARD OF PATRIOT




Mark Billings, Chairman and CEO   Trevor Newton, President, Director
Contact: (514) 296-1641    Contact:  (403) 774-1280


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.

Forward-Looking Statements:
This news release includes certain forward-looking statements or information. All statements other than statements of 
--->historical fact included in this release are forward-looking statements that involve various risks and uncertainties. 
--->Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects o
--->f the planned future programs on the Bruner property; and other future plans, objectives or expectations of the Compan
--->y. There can be no assurance that such statements will prove to be accurate and actual results and future events could
---> differ materially from those anticipated in such statements. Important factors that could cause actual results to dif
--->fer materially from the Company's plans or expectations include the risk that actual results of current and planned ex
--->ploration activities, including the results of the Company's planned future drilling program(s) on the Bruner property
--->, will not be consistent with the Company's expectations; the geology, grade and continuity of any mineral deposits an
--->d the risk of unexpected variations in mineral resources, grade and/or recovery rates; fluctuating metals prices; poss
--->ibility of accidents, equipment breakdowns and delays during exploration; exploration cost overruns or unanticipated c
--->osts and expenses; uncertainties involved in the interpretation of drilling results and geological tests; availability
---> of capital and financing required to continue the Company's future exploration programs and preparation of geological
---> reports and studies; delays in the preparation of geological reports and studies; the metallurgical characteristics o
--->f mineralization contained within the Bruner property are yet to be fully determined; general economic, market or busi
--->ness conditions; competition and loss of key employees; regulatory changes and restrictions including in relation to r
--->equired permits for exploration activities (including drilling permits) and environmental liability; timeliness of gov
--->ernment or regulatory approvals; and other risks detailed herein and from time to time in the filings made by the Comp
--->any with securities regulators. In connection with the forward-looking information contained in this news release, the
---> Company has made numerous assumptions, including that the Company's future exploration programs will proceed as plann
--->ed and within budget. The Company expressly disclaims any intention or obligation to update or revise any forward-look
--->ing statements whether as a result of new information, future events or otherwise, except as otherwise required by app
--->licable securities legislation.