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ITS ABOUT TIME

Amerix Reviews Strategic Alternatives

 

 

TORONTO, ONTARIO--(Marketwired - Nov. 25, 2013) - Amerix Precious Metals Corporation (TSX VENTURE:APM) (FRANKFURT:NJGN) ('Amerix' or 'the Company') announces that its Board of Directors has commenced a review of strategic alternatives for the Company with the objective of enhancing shareholder value. As part of the strategic review process, the Company will be examining a number of alternatives including, but not limited to, joint ventures, strategic partnerships, mergers, acquisitions, and the sale of the Company or other corporate transactions to enhance shareholder value.

Amerix has entered into discussions and has executed confidentiality agreements with a number of interested parties. The Company has not set a schedule to complete its evaluation and there can be no assurance that any transaction will result. The Company does not intend to disclose further details with respect to its review of strategic alternatives unless and until the Board of Directors has approved a specific transaction or such disclosure is otherwise appropriate.

About Amerix Precious Metals Corporation

Amerix Precious Metals Corporation is an Ontario company, managed by an experienced team, exploring for precious metals in Brazil. Amerix's objective is to create value for shareholders through the delineation and expansion of bedrock gold resources, and realization of value from placer and tailings gold resources at the Company's properties. Brazil has significant gold potential and is a proven mining-friendly country. Amerix will continue to seek exploration properties of merit via staking, acquisition or merger. The Company's shares trade on the TSX Venture Exchange under the symbol "APM" and at the Frankfurt Stock Exchange under the symbol "NJGN".