VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 20, 2016) - Euromax Resources
Ltd. (TSX VENTURE:EOX) (OTC PINK:EOXFF): ("Euromax" or the "Company"), is pleased
to announce that it has received conditional approval from the Toronto Stock Exchange ("TSX") for the listing of
its common shares on the TSX subject to compliance with certain conditions for listing. In connection with the listing on
the TSX, Euromax will apply to voluntarily delist its common shares from the TSX Venture Exchange (the
"TSXV").
Euromax expects to satisfy all conditions for listing and will make a future announcement in advance of first trading on the
TSX, specifying the last day of trading on the TSXV and first day of trading on the TSX. Upon its listing on the TSX, the
Company's common shares will continue to trade under the symbol "EOX".
"We are pleased to be graduating to the TSX as it has been an important corporate objective of the Company for the past
year. A TSX listing gives rise to a number of advantages as we continue to build shareholder value, such as increased access
to the capital markets and a larger pool of institutional investors," said Steve Sharpe, President & CEO of
Euromax.
About Euromax Resources Ltd.
Euromax has a major development project in Macedonia and an exploration services company in Bulgaria. We are focused on
building and operating the Ilovica copper/gold project in Macedonia, as well profitably deploying the wealth of exploration
experience within our Bulgarian Exploration Services subsidiary.
Forward-Looking Information
This news release contains forward-looking statements. In certain cases, forward-looking information may be identified by
such terms as "proposed", "expects", "may", "shall", "will", or "would'. In making the forward-looking statements in this
release, the Company has applied certain factors and assumptions that are based on information currently available to the
Company as well as the Company's current beliefs and assumptions made by the Company including, with respect to the
Company's ability to satisfy all conditions to listing on the TSX. Although the Company considers these assumptions to be
reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking
statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to
differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among
others, that the Company is delayed in receiving the necessary consents or approvals to graduate or at all. Readers are also
encouraged to review all Company documents filed with the securities authorities in Canada, including the Management
Discussion and Analysis in respect of the Company's recent financial statements under the heading "Operational and Other Business
Risks", which documents describe material factors and assumptions and risks that apply to the forward looking statements in
this release. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and
expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of
new information, future events or otherwise, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.