Mr. Tim Morgan-Wynne reports

EUROMAX ANNOUNCES FILING OF REQUIRED CONTINUOUS DISCLOSURE

On May 3, 2024, Euromax Resources Ltd. filed: (i) the audited annual financial statements for the year ended Dec. 31, 2023; (ii) the related management discussion and analysis for the year ended Dec. 31, 2023; (iii) the annual information form for the year ended Dec. 31, 2023; and (iv) the chief executive officer and chief financial officer certifications of the foregoing filings as required by National Instrument 52-109, Certification of Disclosure in Issuers' Annual and Interim Filings.

As more particularly set out in the company's news releases on April 8, 2024, and April 9, 2024, on April 8, 2024, the Ontario Securities Commission (OSC), the company's principal regulator, issued a failure-to-file cease trade order (FFCTO) in respect of the company following the company's failure to file the annual filings by the applicable deadline.

With the filing of the annual filings now completed, the company is once again up to date with respect to its continuous disclosure obligations and will focus its efforts on working with the OSC toward a full revocation of the FFCTO. However, there can be no assurance that a full revocation of the FFCTO will be granted, and all of the company's securities will remain subject to the FFCTO until it is fully revoked.

Copies of the documents comprising the annual filings are available under the company's profile on SEDAR+.

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.