Mr. Tim Morgan-Wynne reports

EUROMAX RECEIVES CONDITIONAL APPROVAL TO LIST ON THE TSX VENTURE EXCHANGE

Euromax Resources Ltd., further to its Oct. 18, 2023, news release regarding its application for listing on the TSX Venture Exchange, has received conditional approval to list the company's common shares on the TSX-V as a Tier 2 mining issuer. Further to such conditional approval, Euromax intends to apply to be voluntarily delisted from the Toronto Stock Exchange.

Final approval of listing on the TSX-V is subject to the company satisfying certain customary conditions required by the TSX-V. The company expects that it will be able to satisfy all such conditions and will provide an update once the TSX-V has issued a bulletin confirming the date on which trading on the TSX-V will commence. The company's listing on the TSX-V will be co-ordinated with the delisting from the TSX such that there should be no interruption of trading of the company's common shares. Upon listing on the TSX-V, it is expected that the company's common shares will continue to trade under the symbol EOX.

The company will provide further updates on timing as soon as they become available.

Securityholder approval of the voluntary delisting application is not required.

About Euromax Resources Ltd.

Euromax has a major development project in north Macedonia and is focused on building and operating the Ilovica-Shtuka gold-copper project.

We seek Safe Harbor.