EurOmax Issues Stock Options

March 23, 2011 TSX.V. EOX

NEWS RELEASE

FOR IMMEDIATE RELEASE EurOmax Issues Stock Options

Vancouver, Canada: EurOmax Resources Limited (TSX-V: EOX) (“EurOmax” or the “Company”) announces that it has issued 575,000 stock options pursuant to the Company’s stock option plan, including 500,000 options to an officer of the Company.

The options have been issued subject to regulatory approval and are exercisable at $0.35 per share with a five year term.

About EurOmax Resources Limited

EurOmax is a Canadian company focused on precious and base metal projects in Southeastern Europe. Our strength is the local staff, knowledge and technical expertise in Bulgaria, Serbia and Macedonia.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:

San Diego Torrey Hills Capital Mark Gustafson, President & CEO

(858) 456-7300 (604) 454-8677 www.torreyhillscapital.com [email protected]

For further information please visit www.EurOmaxresources.com