Eagle Graphite Inc V.EGA.H

Financing

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Amerix Precious Metals Announces Financing 16:18 EST Friday, December 16, 2005 Advertisement Hide advertisement TORONTO (Business Wire) -- Amerix Precious Metals Corporation (TSX VENTURE:APM) announced today that it has negotiated a non-brokered private placement (Private Placement) of up to 2,200,000 units (Units) of the Corporation at a price of $0.35 per Unit for aggregate gross proceeds of up to Cdn$770,000. Each Unit consists of one common share of the Corporation and one-half of one common share purchase warrant, with each whole warrant entitling the holder thereof to purchase one additional common share of the Corporation at a price of $0.40 at any time prior to the date that is nine months from the date of the closing of the Private Placement. The Corporation intends to use the proceeds of the Private Placement for exploration work on its Brazilian and Mexican properties and for general working capital purposes. The Private Placement is expected to close on or about January 15, 2006 and is subject to normal closing conditions including the receipt of all necessary regulatory approvals. About Amerix Precious Metals Corporation Amerix Precious Metals Corporation is an Ontario corporation that explores for precious metals in Brazil and Mexico. Vila Porto Ric o and Limao, the Brazilian properties, are gold projects in the Tapaj?s Gold Province in Brazil. Santo Domingo, the Mexican property, is a silver-gold project about 90 km north of Guadalajara. The Corporation's shares trade on the TSX Venture Exchange under the symbol "APM". Additional information regarding the Corporation, including the audited consolidated financial statements of the Corporation for the financial year ended July 31, 2005 and related management's discussion and analysis of results, can be found on SEDAR at www.sedar.com. If you would like to receive press releases via email, please contact [e-mail] and specify "Amerix press releases" in the subject line. ¶ The TSX Venture Exchange has not reviewed and does not accept resp onsibility for the adequacy or accuracy of this release. Amerix Precious Metals Corporation (TSX VENTURE:APM) Amerix Precious Metals Corporation John Andrews President and CEO [phone] [e-mail] OR CHF Investor Relations Olav Svela VP [phone], Ext. 24 [e-mail]