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Financing Closes

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AMERIX PRECIOUS METALS CORPORATION ANNOUNCES CLOSING OF C$4 MILLION BOUGHT DEAL FINANCING

TORONTO, Jun 22, 2011, 2011 (Canada NewsWire via COMTEX News Network) --

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

www.amerixcorp.com

AmerixPrecious Metals Corporation (APM: TSXV) ("Amerix" or the "Company") ispleased to announce that it has closed its previously announced boughtdeal private placement offering (the "Offering") of 18,200,000 units(the "Units"), at a price of C
.22 per Unit, for gross proceeds to theCompany of C$4,004,000. The Offering was completed by a syndicate ofunderwriters led by Canaccord Genuity Corp. and including ScotiaCapital Inc. (the "Underwriters").

Each Unit is comprised of onecommon share of the Company and one half of one common share purchasewarrant (each whole warrant, a "Warrant"). Each Warrant will entitlethe holder thereof to subscribe for one additional common share at anexercise price of C
.33 at any time prior to prior to December 22,2013.

The net proceeds raised under the Offering will be for theadvancement of the Company's Limão project and for general workingcapital purposes. The Offering is subject to certain conditionsincluding, but not limited to, the receipt of all necessary approvalsincluding the approval of the TSX Venture Exchange. The Common Sharesand Warrants comprising the Units will be subject to resalerestrictions until October 23, 2011 under applicable securitieslegislation.

In connection with the Offering, the Underwriterswere paid a cash commission in an amount equal to 6.5% of the grossproceeds of the Offering and were issued compensation options in anamount equal to 6.5% of the number of Units sold in the Offering, witheach such compensation option exercisable to acquire one common shareof the Company until June 22, 2013 at the offering price. Thecompensation options and underlying common shares will be subject toresale restrictions until October 23, 2011 under applicable securitieslegislation.

This news release is intended for distribution inCanada only and is not intended for distribution to United Statesnewswire services or dissemination in the United States. The securitiesbeing offered have not, nor will they be registered under the UnitedStates Securities Act of 1933, as amended, or any state securities lawsand may not be offered or sold within the United States or to, or forthe account or benefit of, U.S. persons absent U.S. registration or anapplicable exemption from the U.S. registration requirements. Thisrelease does not constitute an offer for sale of securities in theUnited States.

The Units are offered by way of the "accreditedinvestor" and "minimum amount investment" exemptions under NationalInstrument 45-106 in British Columbia, Alberta, Ontario, Quebec andother Canadian provinces and territories as agreed upon by the Companyand Canaccord and offshore (collectively, the "Jurisdictions"), and inthe United States on a private placement basis pursuant to an exemptionfrom the registration requirements of the United States Securities Actof 1933, as amended.

About Amerix

Amerix Precious MetalsCorporation is an Ontario company exploring for precious metals inBrazil. Amerix's objective is to create value for shareholders throughthe delineation and expansion of bedrock gold resources, andrealization of value from placer and tailings gold resources at theCompany's properties. Brazil has enormous gold potential and is aproven mining-friendly country and Amerix will continue to pursuefurther exploration properties of merit via staking, acquisition ormerger. The Corporation's shares trade on the TSX Venture Exchangeunder the symbol "APM" and at the Frankfurt Stock Exchange under thesymbol "NJG."

Neither the TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.

Disclosure Regarding Forward-LookingStatements: This press release contains certain "Forward-LookingStatements" within the meaning of applicable securities legislation.All statements, other than statements of historical fact, includedherein are forward-looking statements that involve various risks anduncertainties. There can be no assurance that such statements willprove to be accurate, and actual results and future events could differmaterially from those anticipated in such statements. Importantfactors that could cause actual results to differ materially from theCompany's expectations are disclosed in the Company's documents filedfrom time to time with the TSX Venture Exchange and, among others, theOntario Securities Commission as well as under the heading "RiskFactors" in the Management Discussion and Analysis.

To view thisnews release in HTML formatting, please use the following URL:https://www.newswire.ca/en/releases/archive/June2011/22/c8302.html

SOURCE: Amerix Precious Metals Corporation

AmerixPrecious Metals Corporation Steve Brunelle President and ChiefExecutive Phone: [phone] [e-mail] DanHamilton Chief Financial Officer Phone: 647 [e-mail]

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